Collagen Solutions PLC Grant of Options (9799W)
February 15 2017 - 6:29AM
UK Regulatory
TIDMCOS
RNS Number : 9799W
Collagen Solutions PLC
15 February 2017
Collagen Solutions plc
("Collagen Solutions", the "Company" or the "Group")
15 February 2017
Grant of Options
Collagen Solutions plc (AIM: COS), the developer and
manufacturer of medical grade collagen components for use in
regenerative medicine, medical devices and in-vitro diagnostics,
announces that options over 500,000 ordinary shares of 1p each in
the Company ("Ordinary Shares") were granted today to Kevin
Darling, General Manager (New Zealand) ("Options").
The Options have an exercise period of ten years from grant and
have an exercise price per Option of 5.625p. The Options vest in
full upon the closing middle market price per Ordinary Share
exceeding 27p or EPS for the relevant financial year achieving 1p
during the exercise period.
- Ends -
Enquiries:
Contact via Walbrook
Collagen Solutions Plc
Jamal Rushdy, Chief Executive
Officer
Gill Black, Chief Financial
Officer
Cenkos Securities plc (Nominated Tel: 0207 397 8900
Adviser and Broker)
Stephen Keys
Steve Cox
Callum Davidson
Walbrook PR Tel: 020 7933 8780 or
collagen@walbrookpr.com
Mike Wort Mob: 07900 608 002
Anna Dunphy Mob: 07876 741 001
1 Details of the person discharging managerial
responsibilities / person closely associated
--- -----------------------------------------------------------
a) Name Kevin Darling
--- ------------------------- --------------------------------
2 Reason for the notification
--- -----------------------------------------------------------
a) Position/status General Manager, New Zealand
- Executive Team Member
--- ------------------------- --------------------------------
b) Initial notification
/Amendment Initial Notification
--- ------------------------- --------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- -----------------------------------------------------------
a) Name Collagen Solutions Plc
--- ------------------------- --------------------------------
b) LEI N/A
--- ------------------------- --------------------------------
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 Option to acquire 1p ordinary
instrument, type shares in Collagen Solutions
of instrument Plc
N/A
Identification
code
--- ------------------------- --------------------------------
b) Nature of the Grant of Options
transaction
--- ------------------------- --------------------------------
c) Price(s) and volume(s) Price (exercise): 5.625p
Volume(s): 500,000
--- ------------------------- --------------------------------
d) Aggregated information
- Aggregated volume N/A
- Price N/A
--- ------------------------- --------------------------------
e) Date of the transaction 15 February 2017
--- ------------------------- --------------------------------
f) Place of the transaction Outside a trading venue
--- ------------------------- --------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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