REG - IXICO plc - Grant of share options

IXICOAnnouncement

06/07/2020 07:00

RNS Number : 0464S
  
IXICO plc
  
06 July 2020
  
 

IXICO plc
("IXICO" or the "Company")
 
Grant of share options
 
IXICO plc (AIM: IXI), the data analytics company delivering insights in neuroscience, announces that it has granted 450,000 options over the ordinary shares in the Company in accordance with the rules of the Company's EMI Share Option Plan 2014 (the 'Plan') exercisable at a price of 70p (being the closing middle market price per ordinary share on 3 July 2020).
 
The 450,000 options awarded are split:
 
i)             300,000 options issued to members of the Company's Senior Leadership Team (the 'SLT Options'); and
 
ii)            150,000 options issued to other employees within the Company (the 'Employee Options').
 
The SLT Options are subject to performance conditions linked to revenue and share price accretion across three years. Lammert Albers, Chief Commercial Officer, Robin Wolz, SVP Science & Innovation and Sylke Grootoonk, VP Programme Management receive 100,000 options each under this award.
 
The Employee Options are subject to performance conditions linked to profitability and retention within the Company across three years.
 
For further information please contact:
 




IXICO plc


+44 (0)20 3763 7498




Giulio Cerroni, Chief Executive Officer
Grant Nash, Chief Financial Officer


 




 


 




Cenkos Securities PLC (Nominated adviser and sole broker)


+44 (0)20 7397 8900




Giles Balleny / Max Gould (Corporate Finance)


 




Michael F Johnson / Russell Kerr (Sales)


 




 


 




Walbrook PR Ltd


Tel: 020 7933 8780 or IXICO@walbrookpr.com




Paul McManus / Lianne Cawthorne /


Mob: 07980 541 893 / 07584 391 303 /




Alice Woodings


07407 804 654



 
 
 
 
 



 
About IXICO
IXICO is dedicated to delivering insights in neuroscience. Our mission is to transform the progression of our biopharmaceutical clients' neurological therapeutic pipelines through the application of novel imaging and digital biomarkers.
 
IXICO's data analytics services are used by the global biopharmaceutical industry to interpret data from brain scans and digital biosensors to enable better trial design, site qualification, patient selection and clinical outcomes. We provide technology-enabled services across all phases of clinical evaluation. Our integrated digital platform provides a scalable and secure infrastructure for the capture and analysis of regulatory compliant clinical data to enable clients to make rapid, better informed decisions. IXICO is also collaborating with partners to develop new analytical techniques and companion digital health products targeted at improving patient outcomes.
 
More information is available on www.IXICO.com


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