Business
Grant of Options
Grant of Options.
About this update from Fortis Frontier Plc
[{"type":"text","content":"\n\n \nTHIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED UNDER THE UK VERSION OF THE MARKET ABUSE REGULATION NO 596/2014 WHICH IS PART OF ENGLISH LAW BY VIRTUE OF THE EUROPEAN (WITHDRAWAL) ACT 2018, AS AMENDED. ON PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INFORMATION IS CONSIDERED TO BE IN THE PUBLIC DOMAIN.\n \nMyHealthChecked PLC\n(\"MyHealthChecked\" or the \"Company\")\n \nGrant of Options\n \nMyHealthChecked PLC (AIM: MHC), the consumer home-testing healthcare company, announces that Unapproved Share Options (\"Options\") over 1,200,000 ordinary shares of 1.5p in the Company (\"Ordinary Shares\") have been granted to Directors under the 2016 EMI Share Option Scheme at an exercise price of 9.5 pence per share (being the closing price of the Ordinary Shares on 22 September 2023) as detailed below:\n \n\n\n\nName of Director\n\n\nNumber of Options Granted\n\n\n\n\nPenelope McCormick, CEO\n\n\n600,000 \n\n\n\n\nAmber Vodegel (NED)\n\n\n100,000\n\n\n\n\nLesley Innes (NED)\n\n\n200,000\n\n\n\n\nLyn Rees (NED)\n\n\n100,000\n\n\n\n\nNeil Mesher (NED)\n\n\n200,000\n\n\n\n \nThe Options will vest in three equal tranches on 25 September 2024, 25 September 2025 and 25 September 2026. Each Option is exercisable into one Ordinary Share and once vested, can be exercised up until 25 September 2033. If however the Company was taken over by means of a bid or reverse takeover prior to the final vesting date, all remaining unvested Options will vest immediately.\n \nIn addition, 345,000 Options in aggregate have been granted to other staff members under the EMI scheme and a further 60,000 Unapproved Options to a consultant to the Company. All these options have the same exercise price.\n \nThese new Options represent approximately 2.31 per cent of the Company's current issued share capital. In total 3,905,000 options are now outstanding, representing approximately 7.51 per cent of the Company's current issued share capital.\n \nFor further information contact:\n \n\n\n\nMyHealthChecked plc\n\n\nwww.myhealthchecked.com\n\n\n\n\nPenny McCormick, Chief Executive Officer\n\n\nvia Walbrook PR\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSPARK Advisory Partners Limited (NOMAD)\n\n\nTel: +44 (0)20 3368 3550\n\n\n\n\nNeil Baldwin / Jade Baya...