Business
Cancellation of share options
Cancellation of share options.
About this update from Ekf Diagnostics Holdings Plc
[{"type":"text","content":"\n \nRNS Number : 8592B EKF Diagnostics Holdings PLC 11 June 2019 \n\n \nEKF Diagnostics Holdings plc\n(\"EKF\", the \"Company\")\n \nCancellation of share options\n \nEKF 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.\n \nDetails of the cancellation of the Options are set out below:\n \n\n\n\n\nPDMR\n\n\nRole\n\n\nNumber of Options being surrendered\n\n\nCash payment (£)\n\n\n\n\nMartyn Lewis\n\n\nAPAC Sales Director & Head of Marketing\n\n\n250,000\n\n\n£15,625\n\n\n\n\n \nThe 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.\n \nFollowing 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.\n \n \nFor further information:\n \n\n\n\n\nEKF Diagnostics Holdings plc www.ekfdiagnostics.com Tel: 029 2071 0570\n\n\n \n\n\n\n\nChristopher Mills, Non-Executive Chairman\nJulian Baines, CEO \n\n\n \n\n\n \n\n\n\n\nRichard Evans, FD & COO\n\n\n \n\n\n \n\n\n\n\n \nN+1 Singer (Nomad and Broker)\n\n\n \nTel: 020 7496 3000\n\n\n \n\n\n\n\nAubrey Powell / Lauren Kettle / George Tzimas (Corporate Finance)\nTom Salveson (Corporate Broking)\n\n\n \n\n\n \n\n\n\n\n \n\n\n \n\n\n\n\nWalbrook PR Limited ...