TIDMCPT

RNS Number : 0431P

Concepta PLC

05 June 2020

Concepta PLC

("Concepta" or the "Company")

Grant of Options

Concepta plc (AIM:CPT), the UK healthcare company and developer of a proprietary product targeted at the mobile health market and with a primary focus on women's fertility, today announces that share options over 13,000,000 ordinary shares of the Company (representing approximately 2.65% of the issued ordinary share capital) under the Company's EMI Share Option Scheme at an exercise price of 0.8p per share, being the price of the shares allotted at the General Meeting on 24 April 2020, and have been awarded as follows:

10,000,000 to Penny McCormick

The Options shall time vest as follows:

The options will vest in equal tranches over 3 years from the date of commencement of Mrs McCormick's employment (of 14 November 2019):

 
 3,333,333 on 14 November 
  2020 
 3,333,333 on 14 November 
  2021 
 3,333,334 on 14 November 
  2022 
 

2,500,000 to Maddy Kennedy

The Options shall time vest as follows:

The options will vest in full over 1 year from the date of commencement of Mrs Kennedy's employment (of 24 October 2019):

 
 2,500,000 on 24 October 
  2020 
 

500,000 to Karen Whiting

The Options shall time vest as follows:

The options will vest in equal tranches over 3 years from the date of commencement of Mrs Whiting's employment (of 2 March 2020):

 
 166,667 on 2 March 2021 
 166,667 on 2 March 2022 
 166,666 on 2 March 2023 
 
 
 Concepta plc                                                         www.conceptaplc.com 
 P enny McCormick , Chief Executive                                       via Walbrook PR 
  Officer 
 Maddy Kennedy, Chief Financial 
  Officer 
 
 SPARK Advisory Partners Limited                                 Tel: +44 (0)20 3368 3550 
  (NOMAD) 
 Neil Baldwin 
 
 Novum Securities (Broker)                                       Tel: +44 (0)20 7399 9400 
 Colin Rowbury 
 
 Walbrook PR Ltd (Media & Investor    Tel: +44 (0)20 7933 8780 or concepta@walbrookpr.com 
  Relations) 
 Paul McManus                                                     Mob: +44(0)7980 541 893 
 

About Concepta PLC ( www.conceptaplc.com )

Concepta PLC is an AIM-quoted pioneering UK healthcare company that has developed a proprietary product, myLotus(R), targeted at the personalized mobile health market with a primary focus on hormone testing and increasing a woman's chances of naturally getting pregnant and to provide insight to unexplained infertility.

myLotus(R) is currently the only consumer product which allows both quantitative and qualitative home (self-test) test measurement of a woman's personal luteinizing hormone (LH) during ovulation and human chorionic gonadotropin (hCG) hormone level during pregnancy, facilitating higher conception rates and early diagnosis of fertility issues. The proposition of myLotus(R) is to empower women to better understand their hormone levels and menstrual cycle and help women conceive naturally by identifying their window of fertility and optimal time for conception.

The Company has received CE-mark certification for myLotus(R) and has launched its first product in the UK. The Company is preparing plans to roll-out across the core EU countries in 2020.

myLotus(R) is expected to be beneficial to users who have been unable to conceive after 6 months of trying. This highly motivated target group of women won't typically be offered medical intervention until after 12 months of unsuccessfully trying to conceive, with IVF not usually offered until after two years of trying to conceive. Research indicates couples start to take positive action ahead of this time typically with little medical support to help them do so.

 
 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 
                                                 CONCEPTA 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                      Options under the Company's EMI Share 
        financial instrument,                   Option Scheme 
        type of instrument 
 
       Identification code                     ISIN: GB00BYZ2R301 
 
 b)    Nature of the transaction               Grant of Options 
      --------------------------------------  -------------------------------------------- 
 c)    Price(s) and volume(s) 
                                               -------------------  -------------------- 
                                                Price(s)             Volume(s) 
                                               -------------------  -------------------- 
    GBP0.008                                                         10,000,000 
   ---------------------------------------------------------------  -------------------- 
 
 d)    Aggregated information 
 
  - Aggregated volume                     10,000,000 
 
  - Price                                 GBP0.008 
 
 e)    Date of the transaction                 30 May 2020 
      --------------------------------------  -------------------------------------------- 
 f)    Place of the transaction                Bedford 
      --------------------------------------  -------------------------------------------- 
 
 
 1     Details of the person discharging managerial responsibilities 
        / person closely associated 
 a)    Name 
                                                  Maddy Kennedy 
      ---------------------------------------  -------------------------------------------- 
 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 
                                                  CONCEPTA 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                       Options under the Company's EMI Share 
        financial instrument,                    Option Scheme 
        type of instrument 
 
       Identification code                      ISIN: GB00BYZ2R301 
 
 b)    Nature of the transaction                Grant of Options 
      ---------------------------------------  -------------------------------------------- 
 c)    Price(s) and volume(s) 
                                                --------------------  ------------------- 
                                                 Price(s)              Volume(s) 
                                                --------------------  ------------------- 
    GBP0.008                                                           2,500,000 
   -----------------------------------------------------------------  ------------------- 
 
 d)    Aggregated information 
 
  - Aggregated volume                      2,500,000 
 
  - Price                                  GBP0.008 
 
 e)    Date of the transaction                  30 May 2020 
      ---------------------------------------  -------------------------------------------- 
 f)    Place of the transaction                 Bedford 
      ---------------------------------------  -------------------------------------------- 
 
 
 1     Details of the person discharging managerial responsibilities 
        / person closely associated 
 a)    Name 
                                                  Karen Whiting 
      ---------------------------------------  -------------------------------------------- 
 2     Reason for the notification 
      ------------------------------------------------------------------------------------- 
 a)    Position/status 
                                                       Chief Technology Officer 
      ---------------------------------------  -------------------------------------------- 
 b)    Initial notification 
        /Amendment                                Initial Notification 
      ---------------------------------------  -------------------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ------------------------------------------------------------------------------------- 
 a)    Name 
                                                  CONCEPTA 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                       Options under the Company's EMI Share 
        financial instrument,                    Option Scheme 
        type of instrument 
 
       Identification code                      ISIN: GB00BYZ2R301 
 
 b)    Nature of the transaction                Grant of Options 
      ---------------------------------------  -------------------------------------------- 
 c)    Price(s) and volume(s) 
                                                --------------------  ------------------- 
                                                 Price(s)              Volume(s) 
                                                --------------------  ------------------- 
    GBP0.008                                                           500,000 
   -----------------------------------------------------------------  ------------------- 
 
 d)    Aggregated information 
 
  - Aggregated volume                      500,000 
 
  - Price                                  GBP0.008 
 
 e)    Date of the transaction                  30 May 2020 
      ---------------------------------------  -------------------------------------------- 
 f)    Place of the transaction                 Bedford 
      ---------------------------------------  -------------------------------------------- 
 

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END

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