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Grant of Options under Company EMI Plan

Grant of Options under Company EMI Plan.

articleCambridge Nutritional Sciences PlcJanuary 24, 20204/company/cambridge-nutritional-sciences-plc/news/grant-of-options-under-company-emi-plan
Grant of Options under Company EMI Plan

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[{"type":"text","content":"\n \nRNS Number : 7933A Omega Diagnostics Group PLC 24 January 2020  \n\n \n \nOMEGA DIAGNOSTICS GROUP PLC \n(\"Omega\" or the \"Company\" or the \"Group\")\n \nGrant of Options under Company EMI Plan\n \nOmega Diagnostics (AIM: ODX), the medical diagnostics company focused on CD4, food intolerance and allergy testing, announces that certain Directors and PDMRs were granted options on 23 January 2020 (the \"Grant Date\") to subscribe for an aggregate of 3,150,000 ordinary shares of 4 pence each in the capital of the Company (\"Ordinary Shares\") at an exercise price of 15.4 pence per Ordinary Share (the \"Options\"). The Options are being granted under the Company's 2020 EMI Plan. The Options shall have a two-year vesting period, after which the Option may then be exercised in whole or in part in accordance with the Rules of the Plan.\nA full break down of Directors and PDMRs being granted the Options is provided below:\n\n\n\n\nName\n\n\nDirector or PDMR\n\n\nCurrent Options\n\n\nProposed Option award\n\n\nTotal Options after award\n\n\n\n\nColin King\n\n\nChief Executive Officer\n\n\n1,200,000\n\n\n       950,000 \n\n\n2,150,000\n\n\n\n\nKieron Harbinson\n\n\nGroup Finance Director\n\n\n940,000\n\n\n       750,000 \n\n\n1,690,000\n\n\n\n\nJag Grewal\n\n\nGroup Commercial Director\n\n\n910,000\n\n\n       500,000 \n\n\n1,410,000\n\n\n\n\nEdward Valente\n\n\nPDMR\n\n\n300,000\n\n\n       100,000 \n\n\n400,000\n\n\n\n\nMike Gordon\n\n\nPDMR\n\n\n290,000\n\n\n       100,000 \n\n\n390,000\n\n\n\n\nJamie Yexley\n\n\nPDMR\n\n\n225,000\n\n\n       100,000 \n\n\n325,000\n\n\n\n\nPatrick Breen\n\n\nPDMR\n\n\n45,000\n\n\n       150,000 \n\n\n195,000\n\n\n\n\nAngela Robertson\n\n\nPDMR\n\n\n25,000\n\n\n       100,000 \n\n\n125,000\n\n\n\n\nJohn Bannister\n\n\nPDMR\n\n\n230,000\n\n\n       100,000 \n\n\n330,000\n\n\n\n\nDerek Brady\n\n\nPDMR\n\n\n0\n\n\n       150,000 \n\n\n150,000\n\n\n\n\nJill Hepburn\n\n\nPDMR\n\n\n0\n\n\n       150,000 \n\n\n150,000\n\n\n\n\n Total \n\n\n \n\n\...

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