Synairgen plc
('Synairgen' or the 'Company')
Grant of Options
Following this grant, Synairgen has 18,119,156 options in issue, representing 9.00 per cent. of the Company's issued share capital.
Certain Options were issued to Directors of the Company and Persons Discharging Managerial Responsibilities ('PDMR'):
|
Options issued 21 June 2023 |
Total options |
Ordinary shares |
Total interest |
Percentage holding of fully diluted share capital |
Directors |
|
|
|
|
|
Richard Marsden1 |
496,000 |
2,819,178 |
995,771 |
3,814,949 |
1.74% |
Dr. Phillip Monk |
480,000 |
2,159,771 |
423,934 |
2,583,705 |
1.18% |
John Ward |
480,000 |
2,259,140 |
734,092 |
2,993,232 |
1.36% |
PDMRs |
|
|
|
|
|
Jody Brookes |
480,000 |
1,323,590 |
- |
1,323,590 |
0.60% |
Richard Francis |
480,000 |
1,108,636 |
- |
1,108,636 |
0.51% |
Richard Hennings |
480,000 |
1,237,568 |
- |
1,237,568 |
0.56% |
Gareth Walters |
480,000 |
1,115,779 |
- |
1,115,779 |
0.51% |
1. Richard Marsden's shareholding includes 184,821 shares held in his pension plan.
The Options are issued under the Company's Long Term Incentive Plan and are exercisable up to 20 June 2033, subject to the achievement of appropriate performance criteria which match the criteria for the 2022 award as set out on page 23 of the 2022 annual report.
The information contained within this announcement is deemed to constitute inside information as stipulated under the retained EU law version of the Market Abuse Regulation (EU) No. 596/2014 (the "
For further enquiries, please contact:
Synairgen plc
Tel: + 44 (0) 23 8051 2800
finnCap (NOMAD and Joint Broker)
Geoff Nash, Charlie Beeson (Corporate Finance)
Alice Lane, Sunil de Silva (ECM)
Tel: + 44 (0) 20 7220 0500
Numis Securities Limited (Joint Broker)
Freddie Barnfield, Duncan Monteith
Tel: + 44 (0) 20 7260 1000
Consilium Strategic Communications (Financial Media and Investor Relations)
Mary-Jane Elliott, Namrata Taak, Lucy Featherstone
cscsynairgen@consilium-comms.com
Tel: +44 (0) 20 3709 5700
MKC STRATEGIES, LLC (US Media Relations)
Mary
Tel: +1 516-606-6545
Notes for Editors
About Synairgen
Synairgen is a
1. |
Details of Persons Discharging Managerial Responsibilities ('PDMR') / person closely associated with them ('PCA') |
|
a) |
Name |
Richard Marsden |
2. |
Reason for 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 |
Synairgen plc |
b) |
LEI |
213800IMMTOPPDF8HD24 |
4. |
Details of the transaction(s): |
|
a) |
Description of the financial instrument
Identification code
|
Options over ordinary shares of 1p each
GB00B0381Z20 |
b) |
Nature of the transaction |
Award of Options under the Company's share plans |
c) |
Price(s) and volume(s) |
496,000 Options awarded Exercise price of |
d) |
Aggregated information Aggregated volume Price |
n/a |
e) |
Date of the transaction |
21 June 2023 |
f) |
Place of the transaction |
Outside a trading venue |
1. |
Details of Persons Discharging Managerial Responsibilities ('PDMR') / person closely associated with them ('PCA') |
|
a) |
Name |
Dr Phillip Monk |
2. |
Reason for notification |
|
a) |
Position / status |
Chief Scientific Officer |
b) |
Initial notification / amendment |
Initial Notification |
3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|
a) |
Name |
Synairgen plc |
b) |
LEI |
213800IMMTOPPDF8HD24 |
4. |
Details of the transaction(s): |
|
a) |
Description of the financial instrument
Identification code
|
Options over ordinary shares of 1p each
GB00B0381Z20 |
b) |
Nature of the transaction |
Award of Options under the Company's share plans |
c) |
Price(s) and volume(s) |
480,000 Options awarded Exercise price of |
d) |
Aggregated information Aggregated volume Price |
n/a |
e) |
Date of the transaction |
21 June 2023 |
f) |
Place of the transaction |
Outside a trading venue |
1. |
Details of Persons Discharging Managerial Responsibilities ('PDMR') / person closely associated with them ('PCA') |
|
a) |
Name |
John Ward |
2. |
Reason for 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 |
Synairgen plc |
b) |
LEI |
213800IMMTOPPDF8HD24 |
4. |
Details of the transaction(s): |
|
a) |
Description of the financial instrument Identification code
|
Options over ordinary shares of 1p each
GB00B0381Z20 |
b) |
Nature of the transaction |
Award of Options under the Company's share plans |
c) |
Price(s) and volume(s) |
480,000 Options awarded Exercise price of |
d) |
Aggregated information Aggregated volume Price |
n/a |
e) |
Date of the transaction |
21 June 2023 |
f) |
Place of the transaction |
Outside a trading venue |
1. |
Details of Persons Discharging Managerial Responsibilities ('PDMR') / person closely associated with them ('PCA') |
|
a) |
Name |
Jody Brookes |
2. |
Reason for notification |
|
a) |
Position / status |
Head of Clinical Operations |
b) |
Initial notification / amendment |
Initial Notification |
3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|
a) |
Name |
Synairgen plc |
b) |
LEI |
213800IMMTOPPDF8HD24 |
4. |
Details of the transaction(s): |
|
a) |
Description of the financial instrument
Identification code
|
Options over ordinary shares of 1p each
GB00B0381Z20 |
b) |
Nature of the transaction |
Award of Options under the Company's share plans |
c) |
Price(s) and volume(s) |
480,000 Options awarded Exercise price of |
d) |
Aggregated information Aggregated volume Price |
n/a |
e) |
Date of the transaction |
21 June 2023 |
f) |
Place of the transaction |
Outside a trading venue |
1. |
Details of Persons Discharging Managerial Responsibilities ('PDMR') / person closely associated with them ('PCA') |
|
a) |
Name |
Richard Francis |
2. |
Reason for notification |
|
a) |
Position / status |
Head of CMC and Quality |
b) |
Initial notification / amendment |
Initial Notification |
3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|
a) |
Name |
Synairgen plc |
b) |
LEI |
213800IMMTOPPDF8HD24 |
4. |
Details of the transaction(s): |
|
a) |
Description of the financial instrument
Identification code
|
Options over ordinary shares of 1p each
GB00B0381Z20 |
b) |
Nature of the transaction |
Award of Options under the Company's share plans |
c) |
Price(s) and volume(s) |
480,000 Options awarded Exercise price of |
d) |
Aggregated information Aggregated volume Price |
n/a |
e) |
Date of the transaction |
21 June 2023 |
f) |
Place of the transaction |
Outside a trading venue |
1. |
Details of Persons Discharging Managerial Responsibilities ('PDMR') / person closely associated with them ('PCA') |
|
a) |
Name |
Richard Hennings |
2. |
Reason for notification |
|
a) |
Position / status |
Chief Commercial Officer |
b) |
Initial notification / amendment |
Initial Notification |
3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|
a) |
Name |
Synairgen plc |
b) |
LEI |
213800IMMTOPPDF8HD24 |
4. |
Details of the transaction(s): |
|
a) |
Description of the financial instrument
Identification code
|
Options over ordinary shares of 1p each
GB00B0381Z20 |
b) |
Nature of the transaction |
Award of Options under the Company's share plans |
c) |
Price(s) and volume(s) |
480,000 Options awarded Exercise price of |
d) |
Aggregated information Aggregated volume Price |
n/a |
e) |
Date of the transaction |
21 June 2023 |
f) |
Place of the transaction |
Outside a trading venue |
1. |
Details of Persons Discharging Managerial Responsibilities ('PDMR') / person closely associated with them ('PCA') |
|
a) |
Name |
Gareth Walters |
2. |
Reason for notification |
|
a) |
Position / status |
Chief Regulatory Officer |
b) |
Initial notification / amendment |
Initial Notification |
3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|
a) |
Name |
Synairgen plc |
b) |
LEI |
213800IMMTOPPDF8HD24 |
4. |
Details of the transaction(s): |
|
a) |
Description of the financial instrument
Identification code
|
Options over ordinary shares of 1p each
GB00B0381Z20 |
b) |
Nature of the transaction |
Award of Options under the Company's share plans |
c) |
Price(s) and volume(s) |
480,000 Options awarded Exercise price of |
d) |
Aggregated information Aggregated volume Price |
n/a |
e) |
Date of the transaction |
21 June 2023 |
f) |
Place of the transaction |
Outside a trading venue |
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