PDMR Shareholding/Share Incentive Plan

By

Regulatory News | 07 Jun, 2021

Updated : 18:24

RNS Number : 0886B
Diaceutics PLC
07 June 2021
 

 

7 June 2021

 

Diaceutics PLC

("Diaceutics" or "the Company")

 

PDMR Shareholding/Share Incentive Plan

 

Diaceutics PLC, (AIM: DXRX), the diagnostic commercialisation company for precision testing has been notified on 4 June 2021 that Zedra Trust Company (Guernsey) Limited, the trustees of the Global Diaceutics plc 2020 Employee Benefit Trust ("EBT"), have purchased ordinary shares ("Shares") on behalf of Susanne Munksted (PDMR), in respect of her initial purchase of Shares pursuant to the Company's Global Share Incentive Plan ("Global SIP Scheme") for international employees. These purchases will be made each month until further notice.

 

As announced on 30 April 2021, under the SIP Scheme, the Company will match this purchase with a matched share award being the grant of a single one-off option over an equivalent number of Shares purchased by the employee, over the forthcoming period to July 2022 and subsequent 12 month periods thereafter, in the proportion of 2:1 for all purchases up to and including April 2022 and 1:1 for all purchases thereafter. The options will be formally granted in the future, expected to be within July, at an exercise price of nil.

 

Enquiries:

 

Diaceutics PLC 

 

Philip White, Chief Financial Officer 

Via Alma PR 

 

 

Stifel Nicolaus Europe Limited (Nomad & Broker)

Tel: +44 (0)20 7710 7600

Ben Maddison

 

Stewart Wallace

 

Nick Adams

 

 

 

Alma PR

Tel: +44(0)20 3405 0205

Caroline Forde

diaceutics@almapr.co.uk

Robyn Fisher

 

Kieran Breheny

 

 

About Diaceutics

 

At Diaceutics we believe that every patient should have access to the right treatment at the right time. We provide the world's leading pharmaceutical companies with an end-to-end solution for the launch of precision medicine diagnostics enabled by DXRX - The Diagnostic Network®. 

 

DXRX is the world's first diagnostic commercialisation platform for precision medicine, integrating multiple pipelines of real-world diagnostic testing data from a global network of laboratories.

 

Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014

1

Details of the person discharging managerial responsibilities/person closely associated

a.

Name

Susanne Munksted

2

Reason for notification

  

a.

Position/Status

Managing Director and PDMR

b.

Initial notification/

Amendment

Initial

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a.

Name

Diaceutics PLC

b.

LEI

213800VEWQBB39ZB8J81

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 £0.002 each

 

ISIN:  GB00BJQTGV64

b.

Nature of the transaction

Ongoing non-discretionary purchase of Shares to be matched by the future grant of nil cost options over Shares under the Global Share Incentive Plan ("SIP")

c.

Price(s) and volume(s)

 

Share purchase:

 

 

 

 

Price(s)

Volume(s)

 

129.00 p

111

 

 

Matching option award:

Option over 222 Shares (exercise price: nil) to be awarded in July 2021

d.

Date of the transaction

Share purchase: 28 May 2021 (Company informed  4 June 2021)

Option award: To be formally entered into in July 2021

e.

Place of the transaction

Share Purchase: AIM Market of the London Stock Exchange

Future option award: Off-Market

 

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