10th Apr 2025 07:05
hVIVO plc
("hVIVO", the "Company" or the "Group")
Option Exercise, Director/PDMR Shareholding, and Total Voting Rights
hVIVO plc (AIM: HVO), a full-service Contract Research Organisation (CRO) and the world leader in human challenge clinical trials, was notified that 202,092 options were exercised by a number of existing hVIVO employees, including Chief Financial Officer, Stephen Pinkerton, under the terms of the Company's 2020 Long Term Incentive Plan ("LTIP") at £0.02 per ordinary share.
Following this transaction, Mr Pinkerton's holding in the Company is as detailed below:
PDMR | Number of options exercised
| Number of options held post exercise
| Number of Ordinary Shares held | Resulting interest in fully diluted share capital % |
Stephen Pinkerton | 67,364 | 2,433,824 | 67,364 | 0.01% |
Application will be made for 202,092 new Ordinary Shares to be admitted to trading on AIM. Admission is expected to become effective on 16 April 2025. Following Admission, the Company will have 687,014,088 Ordinary Shares in issue. All Ordinary Shares shall have equal voting rights and none of the Ordinary Shares are held in treasury. The total number of voting rights in the Company immediately following Admission will therefore be 687,014,088.
For further information please contact:
hVIVO plc | +44 (0)20 7756 1300 | |||
Yamin 'Mo' Khan, Chief Executive Officer Stephen Pinkerton, Chief Financial Officer | ||||
Cavendish Capital Markets Limited (Nominated Adviser and Joint Broker) | +44 (0)20 7220 0500 | |||
Geoff Nash, Camilla Hume, Harriet Ward Nigel Birks - Life Science Specialist Sales Louise Talbot - Sales | ||||
Peel Hunt LLP (Joint Broker) | +44 (0)20 7418 8900 | |||
James Steel, Dr Christopher Golden | ||||
Davy (Joint Broker) | +353 (0) 1 679 6363 | |||
Anthony Farrell, Niall Gilchrist | ||||
Walbrook PR (Financial PR & IR) Paul McManus / Phillip Marriage /Louis Ashe-Jepson | +44 (0)20 7933 8780 or [email protected] +44 (0)7980 541 893 / +44 (0)7867 984 082 /+44 (0)7747 515 393 | |||
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation ("MAR") EU no.596/2014. Upon the publication of this announcement via Regulatory Information Service ("RIS"), this inside information is now considered to be in the public domain.
Notes to Editors
hVIVO plc (Ticker: HVO) is full-service Contract Research Organisation (CRO) and the global leader in human challenge trials. The company delivers end-to-end clinical development services to a diverse and expanding client base, including seven of the world's ten largest biopharma companies.
hVIVO specialises in conducting human challenge trials across multiple infectious and respiratory indications, leveraging its state-of-the-art quarantine facility in London-the largest of its kind worldwide. The company also offers comprehensive virology and immunology laboratory services under the hLAB brand.
Through its German subsidiary, CRS, hVIVO operates a 120-bed capacity across Mannheim and Kiel, providing early-phase clinical trial services, including first-in-human and proof-of-concept studies. Its second subsidiary, Venn Life Sciences, offers Early Drug Development Consulting and Biometry services to the biopharma sector.
The Group provides fully integrated drug development solutions from preclinical stages through Phase II trials, alongside patient recruitment via FluCamp. Additionally, its five clinical sites support outpatient Phase II and III trials, ensuring a seamless and efficient pathway from discovery to late-stage development.
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. | Name of PDMR | Stephen Pinkerton | ||||||
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 | hVIVO plc | ||||||
b. | LEI | 213800VT5KBM7JLIV118 | ||||||
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 | Ordinary shares of £0.001 each
ISIN GB00B9275X97
| ||||||
b. | Nature of the transaction | Exercise of Options held under the Company's Long Term Incentive Plan ("LTIP") and sale of resulting shares | ||||||
c. | Price(s) and volume(s)
|
| ||||||
d. | Aggregated information
- Aggregated Volume
- Price |
See above | ||||||
e. | Date of the transaction | 10 April 2025
| ||||||
f. | Place of the transaction | Outside a trading venue | ||||||
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hVIVO