REG - MyHealthChecked PLC - Establishment of an Employee Benefit Trust

MyhealthcheckedAnnouncement

12/04/2023 07:00

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RNS Number : 8615V  MyHealthChecked PLC  12 April 2023

 

MyHealthChecked PLC

("MyHealthChecked" or the "Company")

 

Establishment of an Employee Benefit Trust

 

MyHealthChecked PLC (AIM: MHC), the consumer home-testing healthcare company,
announces that it has established an Employee Benefit Trust called The
MyHealthChecked PLC Benefit Trust (the "EBT").  The EBT will be for the
benefit of current and future employees.

 

The EBT will act independently of the Company, managed by Ogier Global Trustee
(Jersey) Limited, and is expected to make market purchases of ordinary shares
of the Company ("Ordinary Shares") in order to, among other things, satisfy
future option exercises of vested options granted pursuant to the Company's
share option scheme.

 

The EBT will be funded by way of a loan from the Company and the Board
believes that the formation of the EBT will help the Company in attracting new
talent and incentivising existing members of the management team. The maximum
amount of the loan to be made available to the EBT is currently capped at
£50,000 but maybe varied in the future by agreement between the Company and
the trustees of the EBT.

 

 

For further information contact:

 

 MyHealthChecked PLC                                                www.myhealthchecked.com (http://www.myhealthchecked.com)
 Penny McCormick, Chief Executive Officer                           via Walbrook PR

 SPARK Advisory Partners Limited (NOMAD)                            Tel: +44 (0)20 3368 3550
 Neil Baldwin

 Dowgate Capital Limited (Broker)                                   Tel: +44 (0)20 3903 7715
 David Poutney / Nicholas Chambers

 Walbrook PR Ltd (Media & IR)      Tel: +44 (0)20 7933 8780 or myhealthcheckedplc@walbrookpr.com
                                   (mailto:myhealthcheckedplc@walbrookpr.com)
 Paul McManus / Alice Woodings                                      Mob: +44 (0)7980 541 893 / +44 (0)7407 804 654

 

About MyHealthChecked PLC (www.myhealthcheckedplc.com
(http://www.myhealthcheckedplc.com) )

 

MyHealthChecked PLC, based in Cardiff, is an AIM-quoted pioneering UK
healthcare company focused on a range of at-home healthcare and wellness
tests.

 

MyHealthChecked (http://www.myhealthchecked.com) is the umbrella brand of a
range of at-home rapid tests, as well as DNA, RNA and blood sample collection
kits which have been created to support customers on their journeys to
wellness. The tests are lateral-flow self-tests, and the sample collection
kits enable the collection of blood, urine nasal or mouth swab samples that
are analysed in partner laboratories for a range of biomarkers. The tests will
also be made available online and will be viable for over-the-counter
purchase.

 

The MyHealthChecked portfolio has been identified as part of a change in
mindset as customers become more familiar with the concept of accessible
healthcare in the growing at home testing kit market with a focus on
accessibility at the right price, led by UK-based experts.

 

 

 

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