TIDMEKF

RNS Number : 8592B

EKF Diagnostics Holdings PLC

11 June 2019

EKF Diagnostics Holdings plc

("EKF", the "Company")

Cancellation of share options

EKF Diagnostics Holdings plc (AIM: EKF), the AIM listed point-of-care business, announces that 250,000 share options over ordinary shares of 1 penny each (the "Ordinary Shares") granted to a PDMR of the Company (the "Options") have been cancelled at the election of the option holder in return for the payment of a one-off cash sum.

Details of the cancellation of the Options are set out below:

 
 PDMR           Role                 Number of Options being   Cash payment 
                                      surrendered               (GBP) 
 Martyn Lewis   APAC Sales                   250,000            GBP15,625 
                 Director & 
                 Head of Marketing 
               -------------------  ------------------------  -------------

The cash sum to be paid has been calculated by reference to the closing price of 33.5p, being the price at the time the offer was made to the option holder. There are no more share options held by Martyn Lewis following this cancellation.

Following the cancellation of the above, other share options remain over a total of 950,000 Ordinary Shares. These options are exercisable at various prices of between 20p and 37.625p and carry expiry dates ranging between 7 July 2023 and 6 April 2025.

For further information:

 
EKF Diagnostics Holdings plc www.ekfdiagnostics.com Tel: 029 
 2071 0570 
Christopher Mills, Non-Executive Chairman 
 Julian Baines, CEO 
Richard Evans, FD & COO 
 
  N+1 Singer (Nomad and Broker)                    Tel: 020 7496 3000 
Aubrey Powell / Lauren Kettle / George Tzimas 
 (Corporate Finance) 
 Tom Salveson (Corporate Broking) 
 
Walbrook PR Limited Tel: 020 7933 8780 or ekf@walbrookpr.com 
Paul McManus                                         Mob: 07980 541 893 
Lianne Cawthorne                                     Mob: 07584 391 303

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

 
       Details of the person discharging managerial responsibilities 
   1    / person closely associated 
 a)    Names                       Martyn Lewis - APAC Sales Director & Head 
                                    of Marketing 
      --------------------------  ------------------------------------------------- 
 2     Reason for the notification 
      ----------------------------------------------------------------------------- 
 a)    Position/status             See 1(a) above for position - classified 
                                    as a PDMR of EKF 
      --------------------------  ------------------------------------------------- 
 b)    Initial notification        Initial Notification 
        /Amendment 
      --------------------------  ------------------------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ----------------------------------------------------------------------------- 
 a)    Name                        EKF Diagnostics Holdings plc 
      --------------------------  ------------------------------------------------- 
 b)    LEI                         213800DXTF3EAUK1AR05 
      --------------------------  ------------------------------------------------- 
 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          In each case, the grant of Options over Ordinary 
        financial instrument,       Shares 
        type of instrument 
      --------------------------  ------------------------------------------------- 
 b)    Identification code         GB0031509804 
      --------------------------  ------------------------------------------------- 
 c)    Nature of the transaction   Cancellation of Options over Ordinary Shares 
      --------------------------  ------------------------------------------------- 
 d)    Price(s) and volume(s)      Price - n/a 
                                    Volume 
                                    Martyn Lewis - 250,000 Options 
      --------------------------  ------------------------------------------------- 
 d)    Aggregated information 
        - Aggregated volume          250,000 
        - Price                      N/A 
      --------------------------  ------------------------------------------------- 
 e)    Date of the transaction     11 June 2019 
      --------------------------  ------------------------------------------------- 
 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

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June 11, 2019 09:15 ET (13:15 GMT)

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