30th Mar 2020 09:37
30 March 2020
Cello Health plc
("Cello" or "the Company")
Grant of Options
Cello Health plc (AIM: CLL), the global healthcare-focused advisory group announces that today it has granted 2,000,000 options over ordinary shares of 10 pence each in the Company ("Ordinary Shares") to certain directors and employees (the "Options"). Of these, 1,510,000 Options have been issued under the Company's Performance Share Plan Scheme 2010 with an exercise price of 10 pence each. The balance, being 490,000 Options have been issued under the Company's Unapproved Option Plan 2010 and have an exercise price of 108 pence each (being the mid-market closing price on 27 March 2020.
1,450,000 Options were granted to persons discharging managerial responsibilities ("PDMR"), the details of which are set out below:
PDMR
| Existing Options held | New PSP Options granted | Resultant Options held |
Mark Scott | 275,000 | 495,000 | 770,000 |
Stephen Highley | 140,000 | 265,000 | 405,000 |
Mark Bentley | 140,000 | 250,000 | 390,000 |
Julia Ralston | 378,000 | 200,000* | 578,000 |
Andy Brown | 45,000 | 80,000 | 125,000 |
Jane Shirley | 125,000 | 80,000 | 205,000 |
Jon Bircher | 199,608 | 80,000 | 279,608 |
*Granted under the Unapproved Option Plan
Further details of the Company's PSP Option Scheme 2010 and Unapproved Option Plan 2010 are set out in the 2018 Annual Report, which can be found on the Company's website: https://www.cellohealth.com/. All options vest over a period of three years, subject to a total shareholder return test against a basket of 11 comparable listed companies.
The Company last granted options to employees on 29 September 2017. The current 2010 schemes expire in May 2020 and therefore this is the last grant that will be made under them.
Enquiries
Cello Health | 020 7812 8460 |
Mark Scott, Chief Executive |
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Mark Bentley, Group Finance Director |
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Cenkos Securities | 020 7397 8900 |
Giles Balleny |
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Harry Hargreaves |
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Buchanan | 020 7466 5000 |
Mark Court |
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Jamie Hooper |
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Charlotte Slater |
This notification relates to a transaction notified in accordance with the Market Abuse Regulation, further details below:
NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES | ||
1 | Details of the person discharging managerial responsibilities / person closely associated | |
a) | Name | Mark Scott |
2 | Reason for the notification | |
a) | Position/status | Chief Executive Officer, PDMR |
b) | Initial notification/amendment | Initial notification |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Full name of the entity | Cello Health plc |
b) | Legal entity identifier code | 2138004TZYGZLWQP7N64 |
4 | Details of the transaction(s) | |
a) | Description of the financial instrument, type of instrument | Options over ordinary shares of 10 pence each |
b) | Identification Code | ISIN of Ordinary Shares: GB00B0310763 |
c) | Nature of the transaction | Grant of options over Ordinary Shares of 10 pence each |
d) | Currency | GBP - British pound |
e) | Price(s) and Volume(s) | Options over 495,000 Ordinary shares |
f) | Aggregated information - Price - Volume - Total | N/A |
g) | Date of transaction | 30 March 2020 |
h) | Place of transaction | Off market |
NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES | ||
1 | Details of the person discharging managerial responsibilities / person closely associated | |
a) | Name | Stephen Highley |
2 | Reason for the notification | |
a) | Position/status | Chief Operating Officer PDMR |
b) | Initial notification/amendment | Initial notification |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Full name of the entity | Cello Health plc |
b) | Legal entity identifier code | 2138004TZYGZLWQP7N64 |
4 | Details of the transaction(s) | |
a) | Description of the financial instrument, type of instrument | Options over ordinary shares of 10 pence each |
b) | Identification Code | ISIN of Ordinary Shares: GB00B0310763 |
c) | Nature of the transaction | Grant of options over Ordinary Shares of 10 pence each |
d) | Currency | GBP - British pound |
e) | Price(s) and Volume(s) | Options over 265,000 Ordinary shares |
f) | Aggregated information - Price - Volume - Total | N/A |
g) | Date of transaction | 30 March 2020 |
h) | Place of transaction | Off market |
NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES | ||
1 | Details of the person discharging managerial responsibilities / person closely associated | |
a) | Name | Mark Bentley |
2 | Reason for the notification | |
a) | Position/status | Group Finance Director, PDMR |
b) | Initial notification/amendment | Initial notification |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Full name of the entity | Cello Health plc |
b) | Legal entity identifier code | 2138004TZYGZLWQP7N64 |
4 | Details of the transaction(s) | |
a) | Description of the financial instrument, type of instrument | Options over ordinary shares of 10 pence each |
b) | Identification Code | ISIN of Ordinary Shares: GB00B0310763 |
c) | Nature of the transaction | Grant of options over Ordinary Shares of 10 pence each |
d) | Currency | GBP - British pound |
e) | Price(s) and Volume(s) | Options over 250,000 Ordinary shares |
f) | Aggregated information - Price - Volume - Total | N/A |
g) | Date of transaction | 30 March 2020 |
h) | Place of transaction | Off market |
NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES | ||
1 | Details of the person discharging managerial responsibilities / person closely associated | |
a) | Name | Julia Ralston |
2 | Reason for the notification | |
a) | Position/status | Chief Executive Officer, Cello Health US PDMR |
b) | Initial notification/amendment | Initial notification |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Full name of the entity | Cello Health plc |
b) | Legal entity identifier code | 2138004TZYGZLWQP7N64 |
4 | Details of the transaction(s) | |
a) | Description of the financial instrument, type of instrument | Options over ordinary shares of 10 pence each |
b) | Identification Code | ISIN of Ordinary Shares: GB00B0310763 |
c) | Nature of the transaction | Grant of options over Ordinary Shares of 10 pence each |
d) | Currency | GBP - British pound |
e) | Price(s) and Volume(s) | Options over 200,000 Ordinary shares |
f) | Aggregated information - Price - Volume - Total | N/A |
g) | Date of transaction | 30 March 2020 |
h) | Place of transaction | Off market |
NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES | ||
1 | Details of the person discharging managerial responsibilities / person closely associated | |
a) | Name | Andy Brown |
2 | Reason for the notification | |
a) | Position/status | Deputy Group Finance Director - PDMR |
b) | Initial notification/amendment | Initial notification |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Full name of the entity | Cello Health plc |
b) | Legal entity identifier code | 2138004TZYGZLWQP7N64 |
4 | Details of the transaction(s) | |
a) | Description of the financial instrument, type of instrument | Options over ordinary shares of 10 pence each |
b) | Identification Code | ISIN of Ordinary Shares: GB00B0310763 |
c) | Nature of the transaction | Grant of options over Ordinary Shares of 10 pence each |
d) | Currency | GBP - British pound |
e) | Price(s) and Volume(s) | Options over 80,000 Ordinary shares |
f) | Aggregated information - Price - Volume - Total | N/A |
g) | Date of transaction | 30 March 2020 |
h) | Place of transaction | Off market |
NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES | ||
1 | Details of the person discharging managerial responsibilities / person closely associated | |
a) | Name | Jane Shirley |
2 | Reason for the notification | |
a) | Position/status | CEO Cello Health Europe PDMR |
b) | Initial notification/amendment | Initial notification |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Full name of the entity | Cello Health plc |
b) | Legal entity identifier code | 2138004TZYGZLWQP7N64 |
4 | Details of the transaction(s) | |
a) | Description of the financial instrument, type of instrument | Options over ordinary shares of 10 pence each |
b) | Identification Code | ISIN of Ordinary Shares: GB00B0310763 |
c) | Nature of the transaction | Grant of options over Ordinary Shares of 10 pence each |
d) | Currency | GBP - British pound |
e) | Price(s) and Volume(s) | Options over 80,000 Ordinary shares |
f) | Aggregated information - Price - Volume - Total | N/A |
g) | Date of transaction | 30 March 2020 |
h) | Place of transaction | Off market |
NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES | ||
1 | Details of the person discharging managerial responsibilities / person closely associated | |
a) | Name | Jon Bircher |
2 | Reason for the notification | |
a) | Position/status | Chief Commercial Officer - Cello Health PDMR |
b) | Initial notification/amendment | Initial notification |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Full name of the entity | Cello Health plc |
b) | Legal entity identifier code | 2138004TZYGZLWQP7N64 |
4 | Details of the transaction(s) | |
a) | Description of the financial instrument, type of instrument | Options over ordinary shares of 10 pence each |
b) | Identification Code | ISIN of Ordinary Shares: GB00B0310763 |
c) | Nature of the transaction | Grant of options over Ordinary Shares of 10 pence each |
d) | Currency | GBP - British pound |
e) | Price(s) and Volume(s) | Options over 80,000 Ordinary shares |
f) | Aggregated information - Price - Volume - Total | N/A |
g) | Date of transaction | 30 March 2020 |
h) | Place of transaction | Off market |
Related Shares:
CLL.L