Business
Block Admission Application & Exercise of Options
Block Admission Application & Exercise of Options.
About this update from Cambridge Cognition Holdings Plc
[{"type":"text","content":"\n \n \n 21 March 2023\n \n \n \n \n \n \n Cambridge Cognition Holdings plc\n \n \n \n \n \n \n (\"Cambridge Cognition\", the \"Company\" or the \"Group\")\n \n \n \n \n \n \n Block Admission Application\n \n \n \n \n \n \n \n \n \n Exercise of Options and PDMR Dealing\n \n \n \n \n \n \n \n \n Cambridge Cognition Holdings plc (AIM: COG), which develops and markets digital solutions to assess brain health, announces that an application has been made to the London Stock Exchange for a block admission of 1,000,000 ordinary shares of £0.01 each (\"Ordinary Shares\") to be admitted to trading on AIM (\"Block Admission\"). \n \n \n \n \n \n The Block Admission relates to Ordinary Shares that will be issued from time to time in accordance with the exercise of options previously granted by the Company. All Ordinary Shares issued pursuant to the Block Admission above will rank pari passu with the existing Ordinary Shares.\n \n \n \n \n \n It is expected that the Block Admission will become effective on or around 23 March 2023.\n \n \n \n \n \n In addition, the Company has issued and allotted 199,701 new Ordinary Shares in the share capital of the Company following the exercise of 222,820 options on 16 March 2023 (\"Option Exercise\"). Of the options exercised, 90,000 were exercised utilising the net cashless exercise feature, resulting in 23,119 options being surrendered to the Company. The options were exercised pursuant to the Cambridge Cognition Holdings 2013 EMI Share Option Plan. The new Ordinary Shares will be admitted to trading pursuant to the Block Admission.\n \n \n \n \n \n Included in the exercise of options were options over 119,534 Ordinary Shares held by PDMRs of the Company as detailed in the table below:\n \n \n \n \n \n \n \n \n \n \n Director/ PDMR\n \n \n \n \n \n \n Position\n \n \n \n \n \n \n Existing interest in Ordinary Shares\n \n \n \n \n \n \n Number of Options over Ordinary Shares exercised\n \n \n \n \n \n \n Resultant interest in Ordinary Shares\n \n \n \n \n \n \n Rollover options remaining after exercise\n \n \n \n \n \n \n \n Ricky Dolphin\n \n \n \n \n Chief Technology Officer\n \n \n \n \n -\n \n \n \n \n 119,534\n \n \n \n \n 119,534\n \n \n \n \n -\n \n \n \n \n \n \n \n \n \n \n \n \n \n Total voting rights\n \n \n \n...