Business
Director Purchases and Grant of Options
Director Purchases and Grant of Options.
About this update from Iconic Labs Plc
[{"type":"text","content":"\n \nRNS Number : 5250V WideCells Group PLC 31 January 2017 \n\n31 January 2017\nWideCells Group PLC ('WideCells Group' or 'the Company')\n Director Purchases and Grant of Options\n \nWideCells Group PLC, the healthcare services company focused on providing stem cell services and ground breaking insurance for stem cell treatment, is pleased to announce that Chairman Dr. Graham Hine, Chief Executive Officer João Andrade, Chief Financial Officer David Bridgland, Chief Operating Officer Lopes Gil and Non-Executive Director Marilyn Orcharton have purchased a combined total of 100,000 new ordinary shares in the Company (the 'Director Purchases').\n \nAdditionally, the Company announces that between December 2016 and January 2017 the Company granted options ('Options') over 380,000 ordinary shares of 0.25 pence each in the capital of the Company ('Ordinary Shares') pursuant to the Company's EMI Share Option Plan. The Options have been granted to employees of the Company in recognition of their significant contribution towards progressing WideCell's innovative stem cell services offering. The Options are exercisable at 14 pence per Ordinary Share, being the closing market price on 14 December 2016, with an expiry date for exercise of 14 December 2026.\n \nDirector Purchases\n \nDetails of the Director Purchases can be found in the table below:\n \n\n\n\n\nDirector\n\n\nNumber of Shares Purchased\n\n\nShare Purchase Price\n\n\nNumber of shares held following the Director Purchase\n\n\nShare Capital (%) following the Director Purchase\n\n\n\n\nGraham Hine\n\n\n20,000\n\n\n13.37p\n\n\n3,198,698\n\n\n5.92%\n\n\n\n\nJoão Andrade\n\n\n20,000\n\n\n13.25p\n\n\n8,020,000\n\n\n14.84%\n\n\n\n\nDavid Bridgland\n\n\n20,000\n\n\n13.375p\n\n\n252,552\n\n\n0.47%\n\n\n\n\nLopes Gil\n\n\n20,000\n\n\n13.25p\n\n\n8,020,000\n\n\n14.84%\n\n\n\n\nMarilyn Orcharton\n\n\n20,000\n\n\n13.445p\n\n\n135,952\n\n\n0.25%\n\n\n\n\n \nThe notification below, made in accordance wit...