Business
Extension of exercise period for CEO share options
Extension of exercise period for CEO share options.
About this update from Scancell Holdings Plc
[{"type":"text","content":"\n\n13 July 2023 \n \nScancell Holdings plc\n(\"Scancell\" or the \"Company\")\n \nExtension of exercise period for CEO share options\n \nScancell Holdings plc (AIM: SCLP), the developer of novel immunotherapies for the treatment of cancer and infectious disease, announces that the exercise period for 3.85 million share options awarded to Lindy Durrant, Chief Executive Officer of the Company, on 30 July 2020 will be extended from 30 July 2023 to 30 July 2026.\n \nThese options have an exercise price of 4.5 pence each. All other conditions of the award remain the same.\n \nThe extension of the expiry date for the share options amounts to a related party transaction within the meaning of the AIM Rules for Companies. The Directors who are independent of the related party transaction (being all the Directors of the Company other than Lindy Durrant) having consulted with Stifel, the Company's nominated adviser, consider this proposed extension of the expiry date to be fair and reasonable insofar as the shareholders of the Company are concerned.\n \n \n\n\n\nFor further information, please contact:\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nScancell Holdings plc\n\n\n+44 (0) 20 3709 5700\n\n\n\n\nDr Jean-Michel Cosséry, Non-Executive Chairman\n\n\n\n\n\n\n\nProfessor Lindy Durrant, CEO\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nStifel Nicolaus Europe Limited (Nominated Adviser and Joint Broker)\n\n\n+44 (0) 20 7710 7600\n\n\n\n\nNicholas Moore/Samira Essebiyea/William Palmer-Brown (Healthcare Investment Banking)\n\n\n\n\n\n\n\nNick Adams/Nick Harland (Corporate Broking)\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nPanmure Gordon (UK) Limited (Joint Broker)\n\n\n+44 (0) 20 7886 2500\n\n\n\n\nFreddy Crossley/Emma Earl (Corporate Finance)\n\n\n\n\n\n\n\nRupert Dearden (Corporate Broking)\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nConsilium Strategic Communications\n\n\n+44 (0) 20 3709 5700\n\n\n\n\nMary-Jane Elliott/Matthew Neal/Chris Welsh\n\n\[email protected]\n \n\n\n\n\n\n\n\n\n\n\n\n \n \nAbout Scancell\n ...