22nd Dec 2016 07:00
PDMR DEALING NOTIFICATION
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Joseph Bolen | ||||
2 | Reason for the 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 | PureTech Health plc | ||||
b) | LEI | N/A | ||||
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 Identification code |
Option over Ordinary Shares with ISIN GB00BY2Z0H74 | ||||
b) | Nature of the transaction | Pursuant to the terms of his Employment Agreement dated October 19, 2016, on December 21, 2016 PureTech Health plc granted a share option to Joseph Bolen in respect of 309,344 Ordinary Shares. The option will vest in the following manner: 25% to vest on October 19, 2017, and remaining 75% shall vest in equal semi-annual instalments over the three years following October 19, 2017; provided that the option holder continues to be employed by PureTech Health plc on each such vesting date. The option has an exercise price of 117 pence per share. | ||||
c) | Price(s) and volume(s) |
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d) | Aggregated information
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N/A | ||||
e) | Date of the transaction | 2016 December 21 | ||||
f) | Place of the transaction | Outside a trading venue |
Related Shares:
PureTech