Business
Grant of Options
Cambridge Nutritional Sciences plc (CNSL) granted 1,200,000 share options to its Chief Financial Officer, Ajay Patel, at an exercise price of 4 pence each. Post-grant, the company has options over 20,273,843 Ordinary Shares, representing approximately 8.5% of its issued share capital. These options vest in three tranches: 34% after two years, 33% after three years, and 33% after four years, all from August 21st, 2025, subject to continued employment and good/bad leaver provisions. The options have an ISIN of GB00B1VCP282. Disclaimer*
About this update from Cambridge Nutritional Sciences Plc
Cambridge Nutritional Sciences plc (the 'Company' or 'CNS') Grant of Options CNS (AIM: CNSL), the specialist medical diagnostics company focused on promoting a personalised and functional approach to health and nutrition, announces that on 21 August 2025 the Board granted share options (the " Options ") over its ordinary shares of 4 pence each (" Ordinary Shares ") to Ajay Patel, Chief Financial Officer and Executive Director of the Company. Following this grant of Options, the Company has in issue options over 20,273,843 Ordinary Shares, representing approximately 8.5 per cent. of the Company's total issued share capital. This is a reduction from the year end figure due to over 6 million share options having lapsed in that time. Director Number of Options granted Exercise Price Total options held post issue Ajay Patel 1,200,000 4p 1,200,000 Grant of Options The Options are subject to time conditions (as set out below); good/bad leaver provisions; and to Ajay remaining a director of the Company on the date of the Options vesting. Options are subject to time conditions as follows: Proportion of Options Normal earliest exercise date 34 per cent. ("Tranche One") On the second anniversary of 21 August 2025 33 per cent. ("Tranche Two") On the third anniversary of 21 August 2025 33 per cent. ("Tranche Three") On the fourth anniversary of 21 August 2025 For further information, please contact: Cambridge Nutritional Sciences Plc James Cooper, Chief Executive Officer www.cnsplc.com [email protected] Cavendish Capital Markets Limited (Nomad and Broker) Geoff Nash / Edward Whiley (Corporate Finance) Nigel Birks / Harriet Ward (Sales and ECM) Tel: 020 7220 0500 About Cambridge Nutritional Sciences Plc Cambridge Nutritional Sciences Plc (AIM: CNSL) is the specialist medical diagnostics company focused on promoting a personalised and functional approach to health and nutrition. Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them 1 Details of the person discharging managerial responsibilities/person closely associated a) Name Ajay Patel 2. Reason for the notification a) Position/status Chief Financial Officer, Executive Director b) Initial notification/ Amendment Initial Notification 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name Cambridge Nutritional Sciences plc b) LEI 2138007U9P4BTZTYIR92 4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted a) Description of the financial instrument Options over Ordinary Shares of 4p each Identification code ISIN: GB00B1VCP282 b) Nature of the transaction Grant of Options c) Price(s) and volume(s) Price(s) Volume(s) 4p exercise price 1,200,000 d) Aggregated information - Aggregated volume - Price As above e) Date of the transactions 21 August 2025 f) Place of the transactions Outside a trading venue
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