REG-Pensana Plc: Grant of Share Awards

PensanaAnnouncement

08/04/2024 07:15

 

8 April 2024

Pensana Plc

("Pensana" or the "Company")

Grant of Share Awards

 

Pensana Plc, announces that, on 5 April 2024, it granted share awards over an
aggregate, 3,050,000 ordinary shares of 1p each in the capital of the Company
("Ordinary Shares") to directors, senior management and employees. For the
purposes of the allocation, a share price of 60p per Ordinary Share was used.

Following these grants, a total of 3,847,916 share awards are outstanding,
which represents approximately 1.33 per cent of the Company's existing issued
share capital of 288,772,873 Ordinary Shares.

Executive Directors

The following new Share Awards have been granted to Executive Directors and/or
Officers of the Company:

 Name           Position  Number of New Share Awards Granted  Vesting Period  Total Share Awards Held Following This Grant  
 Tim George     CEO       750,000                             3 years         1,104,167                                     
 Robert Kaplan  CFO       475,000                             3 years         718,750                                       
 Rocky Smith    COO       700,000                             3 years         900,000                                       

 

The new Share Awards set out in the table above for Executive Directors and/or
Officers are subject to the satisfaction of certain performance conditions to
be interpreted at the discretion of the Remuneration Committee over the
three-year review period. Upon vesting, no consideration is payable. Subject
to vesting and such performance conditions being met, the new Share Awards
will be allocated to the participant as fully paid ordinary shares

 

 

Senior Management and Employees

A further 1,125,000 Share Awards, in aggregate, have been granted to certain
other members of senior management and employees. For the purposes of the
allocation, a share price of 60p per Ordinary Share was used.

The notifications below are made in accordance with the requirements of MAR.

PDMR Notification Forms

 1   Details of the person discharging managerial responsibilities/person closely associated                                                                                                               
 a)  Name                                                                                               Tim George                                                                                         
 2   Reason for the notification                                                                                                                                                                           
 a)  Position/status                                                                                    CEO                                                                                                
 b)  Initial notification/Amendment                                                                     Initial notification                                                                               
 3   Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor                                                                                         
 a)  Name                                                                                               Pensana Plc                                                                                        
 b)  LEI                                                                                                213800H4QP6T9499RU64                                                                               
 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 of 1p each                                                                         
     Identification code                                                                                GB00BKM0ZJ18                                                                                       
 b)  Nature of the transaction                                                                          Grant of Share Awards                                                                              
 c)  Price(s) and volume(s)                                                                             Price: N/A Volume: 750,000                                                                         
 d)  Aggregated information                                                                             Aggregated volume: 750,000 Price: N/A                                                              
 e)  Date of the transaction                                                                            5 April 2024                                                                                       
 f)  Place of the transaction                                                                           Outside a trading venue                                                                            

 

 1   Details of the person discharging managerial responsibilities/person closely associated                                                                                                               
 a)  Name                                                                                               Robert Kaplan                                                                                      
 2   Reason for the notification                                                                                                                                                                           
 a)  Position/status                                                                                    CFO                                                                                                
 b)  Initial notification/Amendment                                                                     Initial notification                                                                               
 3   Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor                                                                                         
 a)  Name                                                                                               Pensana Plc                                                                                        
 b)  LEI                                                                                                213800H4QP6T9499RU64                                                                               
 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 of 1p each                                                                         
     Identification code                                                                                GB00BKM0ZJ18                                                                                       
 b)  Nature of the transaction                                                                          Grant of Share Awards                                                                              
 c)  Price(s) and volume(s)                                                                             Price: N/A Volume: 475,000                                                                         
 d)  Aggregated information                                                                             Aggregated volume: 475,000 Price: N/A                                                              
 e)  Date of the transaction                                                                            5 April 2024                                                                                       
 f)  Place of the transaction                                                                           Outside a trading venue                                                                            

 

 1   Details of the person discharging managerial responsibilities/person closely associated                                                                                                               
 a)  Name                                                                                               Rocky Smith                                                                                        
 2   Reason for the notification                                                                                                                                                                           
 a)  Position/status                                                                                    COO                                                                                                
 b)  Initial notification/Amendment                                                                     Initial notification                                                                               
 3   Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor                                                                                         
 a)  Name                                                                                               Pensana Plc                                                                                        
 b)  LEI                                                                                                213800H4QP6T9499RU64                                                                               
 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 of 1p each                                                                         
     Identification code                                                                                GB00BKM0ZJ18                                                                                       
 b)  Nature of the transaction                                                                          Grant of Share Awards                                                                              
 c)  Price(s) and volume(s)                                                                             Price: N/A Volume: 700,000                                                                         
 d)  Aggregated information                                                                             Aggregated volume: 700,000 Price: N/A                                                              
 e)  Date of the transaction                                                                            5 April 2024                                                                                       
 f)  Place of the transaction                                                                           Outside a trading venue                                                                            

 

ENDS

 

For further information, please contact:

 

Shareholder/analyst enquiries:

Pensana Plc

Paul Atherley,
Chairman                                               
                         IR@pensana.co.uk

Tim George, Chief Executive Officer

 

 



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