REG - MyHealthChecked PLC - Issue of equity/PDMR Dealing
RNS Number : 9852GMyHealthChecked PLC30 July 2021MyHealthChecked Plc
("MyHealthChecked" or the "Company")
Issue of equity/PDMR Dealing
MyHealthChecked plc (AIM:MHC), the consumer home-testing healthcare company, reports it has today allotted 3,000,000 ordinary shares of 0.1 pence each ("New Ordinary Shares").
2,500,000 of these shares were allotted following the exercise of options by a former director of the Company.
The consideration for the exercise of the New Ordinary Shares is £20,000 in cash.
A further 500,000 shares were allotted to Penny McCormick, Chief Executive, in lieu of her 2020 bonus of £17,500 at an issue price of 3.5 pence, being the mid-market price at close of business on 28 July 2021.
The New Ordinary Shares were allotted on 29 July 2021. Application will be made for the New Ordinary Shares to be admitted to trading on AIM ("Admission"). Admission is expected to be on or about 4 August 2021. These shares will rank pari passu with the ordinary shares of the Company in issue.
Total voting rights
For the purposes of the Financial Conduct Authority's Disclosure Guidance and Transparency Rules ("DTRs"), the issued ordinary share capital of the Company following Admission will consist of 756,088,967 ordinary shares of 0.1 pence each ("Ordinary Shares") with voting rights attached (one vote per Ordinary Share). There are no Ordinary Shares held in treasury. This total voting rights figure may be used by shareholders as the denominator for the calculations by which they will determine whether they are required to notify their interests in, or a change to their interest in, the Company under the DTRs.
In addition, on 29 July 2021 the Company issued the following options over new Ordinary Shares as set out below, at an exercise price of 3.5 pence per Ordinary Share, being the mid-market price at close of business on 28 July 2021.
Name of Director / PDMR
Number of Director Options Granted
Share Option Scheme
Exercise Price
Vesting Conditions
End of Exercise Period
Penny McCormick
4,857,000
Enterprise Management Incentive ("EMI") Scheme
£0.035
One-third vest in 1, 2 and 3 year's time
28/7/2031
Penny McCormick
5,143,000
Unapproved Scheme
£0.035
One-third vest in 1, 2 and 3 year's time
28/7/2031
Gareth Davies
4,000,000
EMI Scheme
£0.035
One-third vest in 1, 2 and 3 year's time
28/7/2031
Lyn Rees
2,000,000
Unapproved Scheme
£0.035
One-third vest in 1, 2 and 3 year's time
28/7/2031
Adam Reynolds
1,000,000
Unapproved Scheme
£0.035
One-third vest in 1, 2 and 3 year's time
28/7/2031
In addition, 3,000,000 options in aggregate have been granted to other staff members under the EMI Scheme, and a further 2,000,000 under the Unapproved Scheme to consultants to the Company. All these options have the same exercise price.
Notification and public disclosure of transactions by persons discharging managerial responsibilities ("PDMRs") and persons closely associated ("PCA") with them.
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Penny McCormick
2
Reason for the notification
a)
Position/status
Chief Executive Officer
b)
Initial notification /Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
MYHEALTHCHECKED plc
b)
LEI
213800RBHY6LZDG13168
CO4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Ordinary Shares
Identification code
ISIN: GB00BYZ2R301
b)
Nature of the transaction
Issue of share options
Issue of shares
c)
Price(s) and volume(s)
(i) Options issue:
Price(s)
Volume(s)
£0.035
10,000,000
(ii) Issue of shares
Price(s)
£0.035
Volumes(s)
500,000
d)
Aggregated information
- Aggregated volume
As above
- Price
e)
Date of the transaction
29 July 2021
f)
Place of the transaction
Outside a trading venue
Notification and public disclosure of transactions by persons discharging managerial responsibilities ("PDMRs") and persons closely associated ("PCA") with them.
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Gareth Davies
2
Reason for the notification
a)
Position/status
Chief Financial Officer
b)
Initial notification/Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
MYHEALTHCHECKED plc
b)
LEI
213800RBHY6LZDG13168
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Ordinary Shares
Identification code
ISIN: GB00BYZ2R301
b)
Nature of the transaction
Issue of share options
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£0.035
4,000,000
d)
Aggregated information
- Aggregated volume
As above
- Price
e)
Date of the transaction
29 July 2021
f)
Place of the transaction
Outside a trading venue
Notification and public disclosure of transactions by persons discharging managerial responsibilities ("PDMRs") and persons closely associated ("PCA") with them.
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Lyn Rees
2
Reason for the notification
a)
Position/status
Non-Executive Director
b)
Initial notification /Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
MYHEALTHCHECKED plc
b)
LEI
213800RBHY6LZDG13168
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Ordinary Shares
Identification code
ISIN: GB00BYZ2R301
b)
Nature of the transaction
Issue of share options
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£0.035
2,000,000
d)
Aggregated information
- Aggregated volume
As above
- Price
e)
Date of the transaction
29 July 2021
f)
Place of the transaction
Outside a trading venue
Notification and public disclosure of transactions by persons discharging managerial responsibilities ("PDMRs") and persons closely associated ("PCA") with them.
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Adam Reynolds
2
Reason for the notification
a)
Position/status
Non-Executive Chairman
b)
Initial notification /Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
MYHEALTHCHECKED plc
b)
LEI
213800RBHY6LZDG13168
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Ordinary Shares
Identification code
ISIN: GB00BYZ2R301
b)
Nature of the transaction
Issue of share options
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£0.035
1,000,000
d)
Aggregated information
- Aggregated volume
As above
- Price
e)
Date of the transaction
29 July 2021
f)
Place of the transaction
Outside a trading venue
For further information please visit http://www.myhealthcheckedplc.com/ or contact:
MyHealthChecked plc
Penny McCormick, Chief Executive Officer
via Walbrook PR
Gareth Davies, Chief Financial Officer
SPARK Advisory Partners Limited (NOMAD)
Tel: +44 (0)20 3368 3550
Neil Baldwin
Oberon Investments (Broker)
Tel: +44 (0)203 179 5344
Mike Seabrook
Walbrook PR Ltd (Media & Investor Relations)
Tel: +44 (0)20 7933 8780 or myhealthchecked@walbrookpr.com
Paul McManus
Mob: +44(0)7980 541 893
The persons responsible for arranging the release of this Announcement on behalf of the Company are Penny McCormick, CEO, and Gareth Davies, Chief Financial and Operations Officer respectively.
About MyHealthChecked PLC ( 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 is the umbrella brand of a range of at-home DNA and RNA tests, now in development following the acquisition of The Genome Store in November 2020. The tests will be made available online, and would 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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