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ERGO - Ergomed News Story

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Sector
Healthcare
Size
Small Cap
Market Cap £334.0m
Enterprise Value £325.2m
Revenue £68.3m
Position in Universe 625th / 1807

Ergomed plc - Award of Options by CEO to CFO and General Counsel

Wed 30th November, 2016 4:35pm
RNS Number : 5759Q
Ergomed plc
30 November 2016

PRESS RELEASE

FOR IMMEDIATE RELEASE

Award of options by Chief Executive Officer over personally owned shares to

Chief Financial Officer and General Counsel

London UK 30 November 2016: Ergomed plc ("Ergomed" or the "Company", LSE: ERGO), a pharmaceutical services and drug development company, today announces that Dr Miroslav Reljanovi, founder and Chief Executive Officer of Ergomed, has granted options over 250,000 ordinary shares from his personal holding to Stephen Stamp, Chief Financal Officer and Sanja Juri, General Counsel as follows:

Name

No. of options

Exercise Price

Vesting

Resulting interest in options

Current shareholding in the Company

Stephen Stamp

100,000

0.01

50% 11 January 2017

50% 11 January 2018

500,000

200,000

Sanja Juri

150,000

0.01

50% 30 November 2016

50% 30 November 2017

300,000

NIL

The 250,000 ordinary shares over which Dr Reljanovi has granted options will remain in his personal holding until exercise. Dr Reljanovi is interested in 17,632,237 ordinary shares of the Company, representing 43.53% of the issued share capital.

- ENDS -

Enquiries:

Ergomed plc

Tel: +44 (0) 1483 503205

Miroslav Reljanovic (Chief Executive Officer)


Stephen Stamp (Chief Financial Officer)




Numis Securities Limited

Tel: +44 (0) 20 7260 1000

Michael Meade / Freddie Barnfield (Nominated Adviser)


James Black (Joint Broker)




Stifel Nicolaus Europe Limited

Tel: +44 (0) 20 7710 7600

Jonathan Senior (Joint Broker)




FTI Consulting - for UK enquiries

Tel: +44 (0) 20 3727 1000

Simon Conway / Mo Noonan




MC Services AG - for Continental European enquiries

Tel: +49 (0) 211 52925222

Anne Hennecke


About Ergomed

Ergomed plc is a profitable UK-based business providing drug development services to the pharmaceutical industry and has a growing portfolio of co-development partnerships. It operates in over 50 countries.

Ergomed provides clinical development, trial management and pharmacovigilance services to over 100 clients ranging from top 10 pharmaceutical companies to small and mid-sized drug development companies. Ergomed successfully manages clinical development from Phase I through to late phase programmes.

Ergomed has a wide therapeutic focus, with a particular expertise in oncology, neurology and immunology and the development of orphan drugs. Ergomed believes its approach to clinical trials is differentiated from that of other providers by its innovative Study Site Management model and the use of Study Physician Teams, resulting in a close relationship between Ergomed and the physicians involved in clinical trials.

As well as providing high quality clinical development services, Ergomed is building a portfolio of co-development partnerships with pharma and biotech companies which share the risks and rewards of drug development. Ergomed leverages its expertise and services in return for carried interest in the drugs under development. Lastly, Ergomed recently acquired a pipeline of proprietary development products for haemostasis in surgical settings. For further information, visit: http://ergomedplc.com.


This information is provided by RNS
The company news service from the London Stock Exchange
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