Inspiration Healthcare Group PLC Grant of Options (6885G)
08 November 2018 - 6:01PM
UK Regulatory
TIDMIHC
RNS Number : 6885G
Inspiration Healthcare Group PLC
08 November 2018
8 November 2018
Inspiration Healthcare Group plc
("Inspiration Healthcare" or the "Company")
Grant of Options
Inspiration Healthcare Group plc (AIM: IHC), the global medical
device company, announces that, on 7(th) November 2018 the Company
granted enterprise management incentive options ("EMI Options")
over 348,603 new ordinary shares of 10 pence each in the capital of
the Company ("Ordinary Shares") to certain persons discharging
managerial responsibilities ("PDMRs") and employees under the
Inspiration Healthcare Group plc Long Term Incentive Plan ("Option
Scheme"). Following this grant, the Company has granted options
over a total of 608,941 new Ordinary Shares representing
approximately 2% of the Company's existing issued ordinary share
capital.
The EMI Options are exercisable at nil cost and are subject to a
performance condition, to be measured over a three-year period
ending on 31 January 2021, of growth in earnings per Ordinary Share
in issue ("EPS") of 40% or more compounded over the three-year
period. If the growth in EPS is less than 40% but greater than 35%
the number of EMI Options available for exercise will be capped at
75% of those granted. If the growth in EPS is less than 35% but
greater than 30% the number of EMI Options available for exercise
will be capped at 50% of those granted. If the growth in EPS is
less than 30% the EMI Options will lapse.
If they vest and subject to the rules of the Option Scheme, the
EMI Options are exercisable for a period of two years following
publication of the audited accounts of the Company for the
financial year ending on 31 January 2021.
The Company announces the following PDMR dealings in accordance
with article 19(3) of the Market Abuse Regulation:
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Neil Campbell
------------------------- -------------------------------------
2 Reason for the notification
----------------------------------------------------------------
a) Position/status Chief Executive Officer
------------------------- -------------------------------------
b) Initial notification Initial
/Amendment
------------------------- -------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
----------------------------------------------------------------
a) Name Inspiration Healthcare Group plc
------------------------- -------------------------------------
b) LEI 213800GKFT3ENAPMDL15
------------------------- -------------------------------------
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 Ordinary Shares of 10p each
of the financial
instrument, ISIN: GB00BXDZL105
type of instrument
Identification
code
------------------------- -------------------------------------
b) Nature of Grant of Options
the transaction
------------------------- -------------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) Nil cost 65,385
----------
------------------------- -------------------------------------
d) Aggregated
information
- Aggregated N/A - single transaction
volume
- Price
------------------------- -------------------------------------
e) Date of the 7(th) November 2018
transaction
------------------------- -------------------------------------
f) Place of the Outside of a trading venue
transaction
------------------------- -------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Mike Briant
------------------------- -------------------------------------
2 Reason for the notification
----------------------------------------------------------------
a) Position/status Chief Financial Officer
------------------------- -------------------------------------
b) Initial notification Initial
/Amendment
------------------------- -------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
----------------------------------------------------------------
a) Name Inspiration Healthcare Group plc
------------------------- -------------------------------------
b) LEI 213800GKFT3ENAPMDL15
------------------------- -------------------------------------
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 Ordinary Shares of 10p each
of the financial
instrument,
type of instrument
ISIN: GB00BXDZL105
Identification
code
------------------------- -------------------------------------
b) Nature of Grant of Options
the transaction
------------------------- -------------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) Nil cost 86,014
----------
------------------------- -------------------------------------
d) Aggregated
information
- Aggregated N/A - single transaction
volume
- Price
------------------------- -------------------------------------
e) Date of the 7(th) November 2018
transaction
------------------------- -------------------------------------
f) Place of the Outside of a trading venue
transaction
------------------------- -------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Toby Foster
------------------------- -------------------------------------
2 Reason for the notification
----------------------------------------------------------------
a) Position/status Group Sales Director
------------------------- -------------------------------------
b) Initial notification Initial
/Amendment
------------------------- -------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
----------------------------------------------------------------
a) Name Inspiration Healthcare Group plc
------------------------- -------------------------------------
b) LEI 213800GKFT3ENAPMDL15
------------------------- -------------------------------------
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 Ordinary Shares of 10p each
of the financial
instrument,
type of instrument
ISIN: GB00BXDZL105
Identification
code
------------------------- -------------------------------------
b) Nature of Grant of Options
the transaction
------------------------- -------------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) Nil cost 57,692
----------
------------------------- -------------------------------------
d) Aggregated
information
- Aggregated N/A - single transaction
volume
- Price
------------------------- -------------------------------------
e) Date of the 7(th) November 2018
transaction
------------------------- -------------------------------------
f) Place of the Outside of a trading venue
transaction
------------------------- -------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Simon Travers
--------------------- -------------------------------------------------
2 Reason for the notification
------------------------------------------------------------------------
a) Position/status Head of Regulatory Affairs and Quality Assurance
--------------------- -------------------------------------------------
b) Initial notification Initial
/Amendment
--------------------- -------------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
------------------------------------------------------------------------
a) Name Inspiration Healthcare Group plc
--------------------- -------------------------------------------------
b) LEI 213800GKFT3ENAPMDL15
--------------------- -------------------------------------------------
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 Ordinary Shares of 10p each
of the financial
instrument, ISIN: GB00BXDZL105
type of instrument
Identification
code
--------------------- -------------------------------------------------
b) Nature of Grant of Options
the transaction
--------------------- -------------------------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) Nil cost 23,252
----------
--------------------- -------------------------------------------------
d) Aggregated
information-
Aggregated N/A - single transaction
volume
- Price
--------------------- -------------------------------------------------
e) Date of the 7(th) November 2018
transaction
--------------------- -------------------------------------------------
f) Place of the Outside of a trading venue
transaction
--------------------- -------------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Jon Ballard
------------------------- -------------------------------------
2 Reason for the notification
----------------------------------------------------------------
a) Position/status Group Financial Controller
------------------------- -------------------------------------
b) Initial notification Initial
/Amendment
------------------------- -------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
----------------------------------------------------------------
a) Name Inspiration Healthcare Group plc
------------------------- -------------------------------------
b) LEI 213800GKFT3ENAPMDL15
------------------------- -------------------------------------
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 Ordinary Shares of 10p each
of the financial
instrument, ISIN: GB00BXDZL105
type of instrument
Identification
code
------------------------- -------------------------------------
b) Nature of Grant of Options
the transaction
------------------------- -------------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) Nil cost 23,252
----------
------------------------- -------------------------------------
d) Aggregated
information
- Aggregated N/A - single transaction
volume
- Price
------------------------- -------------------------------------
e) Date of the 7(th) November 2018
transaction
------------------------- -------------------------------------
f) Place of the Outside of a trading venue
transaction
------------------------- -------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name John Nash
------------------------- -------------------------------------
2 Reason for the notification
----------------------------------------------------------------
a) Position/status Head of Marketing
------------------------- -------------------------------------
b) Initial notification Initial
/Amendment
------------------------- -------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
----------------------------------------------------------------
a) Name Inspiration Healthcare Group plc
------------------------- -------------------------------------
b) LEI 213800GKFT3ENAPMDL15
------------------------- -------------------------------------
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 Ordinary Shares of 10p each
of the financial
instrument,
type of instrument
ISIN: GB00BXDZL105
Identification
code
------------------------- -------------------------------------
b) Nature of Grant of Options
the transaction
------------------------- -------------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) Nil cost 23,252
----------
------------------------- -------------------------------------
d) Aggregated
information
- Aggregated N/A - single transaction
volume
- Price
------------------------- -------------------------------------
e) Date of the 7(th) November 2018
transaction
------------------------- -------------------------------------
f) Place of the Outside of a trading venue
transaction
------------------------- -------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Wei Yu
------------------------- -------------------------------------
2 Reason for the notification
----------------------------------------------------------------
a) Position/status Head of R&D
------------------------- -------------------------------------
b) Initial notification Initial
/Amendment
------------------------- -------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
----------------------------------------------------------------
a) Name Inspiration Healthcare Group plc
------------------------- -------------------------------------
b) LEI 213800GKFT3ENAPMDL15
------------------------- -------------------------------------
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 Ordinary Shares of 10p each
of the financial
instrument,
type of instrument
ISIN: GB00BXDZL105
Identification
code
------------------------- -------------------------------------
b) Nature of Grant of Options
the transaction
------------------------- -------------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) Nil cost 23,252
----------
------------------------- -------------------------------------
d) Aggregated
information
- Aggregated N/A - single transaction
volume
- Price
------------------------- -------------------------------------
e) Date of the 7(th) November 2018
transaction
------------------------- -------------------------------------
f) Place of the Outside of a trading venue
transaction
------------------------- -------------------------------------
Enquiries:
Inspiration Healthcare Group plc
Neil Campbell, Chief Executive Officer Tel: 01455 840555
Mike Briant, Chief Financial Officer
Nominated Adviser & Broker
Cenkos Securities plc
Mark Connelly (NOMAD) Tel: 0207 397 8900
Cadogan PR
Alex Walters Tel: 07771 713608
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
DSHQDLFBVFFXFBD
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