Cancellation of share options

Download the full announcement

EKF Diagnostics Holdings plc (AIM: EKF), the AIM listed point-of-care business, announces that 250,000 share options over ordinary shares of 1 penny each (the “Ordinary Shares”) granted to a PDMR of the Company (the “Options”) have been cancelled at the election of the option holder in return for the payment of a one-off cash sum.

 

Details of the cancellation of the Options are set out below:

 

PDMR

Role

Number of Options being surrendered

Cash payment (£)

Martyn Lewis

APAC Sales Director & Head of Marketing

250,000

£15,625

 

The cash sum to be paid has been calculated by reference to the closing price of 33.5p, being the price at the time the offer was made to the option holder. There are no more share options held by Martyn Lewis following this cancellation.

 

Following the cancellation of the above, other share options remain over a total of 950,000 Ordinary Shares. These options are exercisable at various prices of between 20p and 37.625p and carry expiry dates ranging between 7 July 2023 and 6 April 2025.

 

 

Enquiries:

EKF Diagnostics Holdings plc
Christopher Mills, Non-Executive Chairman
Julian Baines, CEO
Richard Evans, Finance Director and COO

www.ekfdiagnostics.com
Tel: 00 44 29 2071 0570
N+1 Singer (Nomad & Broker)

Aubrey Powell / Lauren Kettle / George Tzimas (Corporate Finance)

Tom Salvesen (Corporate Broking)
Tel: 020 7496 3000

Walbrook PR Limited
Paul McManus
Lianne Cawthorne

Tel: 020 7933 8780 or
Mob: 07980 541 893 / 07584 391 303

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

 

 1

Details of the person discharging managerial responsibilities / person closely associated 

a)

Names 

Martyn Lewis – APAC Sales Director & Head of Marketing

2

Reason for the notification

a)

Position/status

See 1(a) above for position – classified as a PDMR of EKF

b)

Initial notification /Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor 

a) 

Name

EKF Diagnostics Holdings plc

b)

LEI

213800DXTF3EAUK1AR05

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 

In each case, the grant of Options over Ordinary Shares

b)

Identification code 

GB0031509804

c)

Nature of the transaction 

Cancellation of Options over Ordinary Shares 

d)

Price(s) and volume(s)

Price – n/a

Volume

Martyn Lewis – 250,000 Options

d)

Aggregated information 

- Aggregated volume

- Price

 

250,000

N/A

e)

Date of the transaction 

11 June 2019

f)

Place of the transaction

Outside a trading venue

Back to ListingNext