TIDMSNG

RNS Number : 4363Q

Synairgen plc

19 June 2020

Press Release

Synairgen plc

('Synairgen' or the 'Company')

Grant of options

Southampton, UK - 19 June 2020: Synairgen plc (LSE: SNG), the respiratory drug discovery and development company, announces that on 18 June 2020 the Board of Synairgen granted options ('Options') over 1,767,985 ordinary shares of one pence each in the capital of the Company ('Ordinary Shares') at an exercise price of one pence per Ordinary Share. The Options represent in aggregate 1.18 per cent. of the Company's issued share capital.

The Options are issued under the Company's existing Long Term Incentive Plan and are exercisable between 18 June 2023 and 17 June 2030, subject to achievement of performance criteria related to the increase in the total shareholder return of the Company. Following this grant, Synairgen has 10,255,500 options in issue, representing 6.86 per cent. of the Company's issued share capital.

Included in the number of Options granted on 18 June 2020, the following Options were issued to directors:

 
 Director           Options Issued 
 Richard Marsden           490,817 
                   --------------- 
 Dr. Phillip 
  Monk                     354,483 
                   --------------- 
 John Ward                 381,749 
                   --------------- 
 

Following the issue of the Options, the interests of the directors of the Company at

18 June 2020 are as follows:

 
                                                                           Percentage 
                                                                           holding of 
                                           Ordinary                     fully diluted 
 Director                 Total options      shares   Total interest    share capital 
 Richard Marsden              3,533,839     367,825        3,901,664            2.44% 
                         --------------  ----------  ---------------  --------------- 
 Dr. Phillip Monk             1,948,582     244,600        2,193,182            1.37% 
                         --------------  ----------  ---------------  --------------- 
 John Ward                    2,481,064     367,577        2,848,641            1.78% 
                         --------------  ----------  ---------------  --------------- 
 Simon Shaw                           -   1,531,239        1,531,239            0.96% 
                         --------------  ----------  ---------------  --------------- 
 Iain Buchanan                  212,765     112,741          325,506            0.20% 
                         --------------  ----------  ---------------  --------------- 
 Dr. Bruce Campbell                   -     322,830          322,830            0.20% 
                         --------------  ----------  ---------------  --------------- 
 Prof. Stephen Holgate                -     886,931          886,931            0.56% 
                         --------------  ----------  ---------------  --------------- 
 

Jody Brookes and Victoria Tear, also persons disclosing managerial responsibilities, were granted 135,576 and 101,270 Options respectively.

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No. 596/2014 ('MAR')

For further information, please contact:

Synairgen plc

Richard Marsden, Chief Executive Officer

John Ward, Finance Director

Tel: + 44 (0) 23 8051 2800

finnCap

Geoff Nash, Kate Bannatyne, Charlie Beeson (Corporate Finance)

Alice Lane, Manasa Patil (ECM)

Tel: + 44 (0) 20 7220 0500

Consilium Strategic Communications (Financial Media and Investor

Relations)

Mary-Jane Elliott, Sue Stuart, Olivia Manser

synairgen@consilium-comms.com

Tel: +44 (0) 20 3709 5700

Notes for Editors

About Synairgen

Synairgen is a respiratory drug discovery and development company founded by University of Southampton Professors Stephen Holgate, Donna Davies and Ratko Djukanovic. The business, focused primarily on lung viral defence in asthma and COPD, uses its differentiating human biology BioBank platform and world-renowned international academic KOL network to discover and develop novel therapies for respiratory disease.

Synairgen is quoted on AIM (LSE: SNG). For more information about Synairgen, please see www.synairgen.com

 
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          Options over ordinary shares of 1p each 
 
     Identification code 
                                                      GB00B0381Z20 
b)  Nature of the transaction                        Award of Options under the Synairgen LTIP 
c)  Price(s) and volume(s)                            490,817 Options awarded 
d)  Aggregated information                           n/a 
     Aggregated volume Price 
e)  Date of the transaction                          18 June 2020 
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          Options over ordinary shares of 1p each 
 
     Identification code 
                                                      GB00B0381Z20 
b)  Nature of the transaction                        Award of Options under the Synairgen LTIP 
c)  Price(s) and volume(s)                            354,483 Options awarded 
d)  Aggregated information                           n/a 
     Aggregated volume Price 
e)  Date of the transaction                          18 June 2020 
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                                Finance Director 
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          Options over ordinary shares of 1p each 
     Identification code 
 
                                                      GB00B0381Z20 
b)  Nature of the transaction                        Award of Options under the Synairgen LTIP 
c)  Price(s) and volume(s)                            381,749 Options awarded 
d)  Aggregated information                           n/a 
     Aggregated volume Price 
e)  Date of the transaction                          18 June 2020 
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          Options over ordinary shares of 1p each 
 
     Identification code 
                                                      GB00B0381Z20 
b)  Nature of the transaction                        Award of Options under the Synairgen LTIP 
c)  Price(s) and volume(s)                            135,576 Options awarded 
d)  Aggregated information                           n/a 
     Aggregated volume Price 
e)  Date of the transaction                          18 June 2020 
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                                             Victoria Tear 
2.  Reason for notification 
a)  Position / status                                Head of Laboratories 
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          Options over ordinary shares of 1p each 
 
     Identification code 
                                                      GB00B0381Z20 
b)  Nature of the transaction                        Award of Options under the Synairgen LTIP 
c)  Price(s) and volume(s)                            101,270 Options awarded 
d)  Aggregated information                           n/a 
     Aggregated volume Price 
e)  Date of the transaction                          18 June 2020 
f)  Place of the transaction                         Outside a trading venue 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

MSCEAPKPFSXEEFA

(END) Dow Jones Newswires

June 19, 2020 02:00 ET (06:00 GMT)

Grafico Azioni Synairgen (LSE:SNG)
Storico
Da Mar 2024 a Apr 2024 Clicca qui per i Grafici di Synairgen
Grafico Azioni Synairgen (LSE:SNG)
Storico
Da Apr 2023 a Apr 2024 Clicca qui per i Grafici di Synairgen