TIDMERGO

RNS Number : 9186C

Ergomed plc

16 June 2023

PRESS RELEASE

Ergomed Award of Share Options

Guildford, UK - 16 June 2023: Ergomed plc (LSE: ERGO) ("Ergomed" or the "Company"), a company focused on providing specialised services to the pharmaceutical industry, today announces that the following LTIP (Long Term Incentive Plan) awards were made to Jonathan Curtain (Chief Financial Officer) on 15 June 2023.

Mr Curtain was awarded a total of 28,866 options over the Company's ordinary shares. The options have an exercise price of 1 pence per share. Of the total option award to Mr Curtain, 75% will vest three years after the grant date, conditional upon the achievement of total shareholder return of 15% (compounded annual growth rate). The remaining 25% will vest three years after the grant date subject to continued employment. The option grant comprises annual discretionary LTIP awards for which Mr Curtain is eligible.

The notification below, made in accordance with the requirements of Article 19 of the UK Market Abuse Regulation, provides further detail.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

 
 
       Details of the person discharging managerial responsibilities/person 
  1     closely associated 
      ----------------------------------------------------------------------------------- 
 a)    Name                               Jonathan Curtain 
      ---------------------------------  ------------------------------------------------ 
       Reason for the notification 
  2 
      ----------------------------------------------------------------------------------- 
 a)    Position/status                    Chief Financial Officer 
      ---------------------------------  ------------------------------------------------ 
 b)    Initial notification               Initial Notification 
        /Amendment 
      ---------------------------------  ------------------------------------------------ 
       Details of the issuer, emission allowance market participant, 
  3     auction platform, auctioneer or auction monitor 
      ----------------------------------------------------------------------------------- 
 a)    Name                               Ergomed plc 
      ---------------------------------  ------------------------------------------------ 
 b)    Legal Entity                       213800BVS8I9VMC1AP84 
        Identifier 
      ---------------------------------  ------------------------------------------------ 
       Details of the transaction(s): section to be repeated for 
  4     (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                     Options over ordinary shares of 1 pence each 
        the financial 
        instrument, type 
        of instrument                      GB00BN7ZCY67 
 
        Identification 
        code 
      ---------------------------------  ------------------------------------------------ 
 b)    Nature of the                      Grant of options under the Company's Long 
        transaction                        Term Incentive Plan 
      ---------------------------------  ------------------------------------------------ 
 c)    Currency                           GBP 
      ---------------------------------  ------------------------------------------------ 
 d)    Price(s) and                                  Price(s)                Volume(s) 
        volume(s) 
      ---------------------------------  -------------------------------  --------------- 
              1 pence                                                          28,866 
  ----------------------------------------------------------------------  --------------- 
 
 e)    Aggregated information             Options over 28,866 ordinary shares at an 
        - Aggregated                       exercise price of 1 pence per share 
        volume 
        - Price 
        - Aggregated 
        total 
      ---------------------------------  ------------------------------------------------ 
 f)    Date of the transaction            15 June 2023 
      ---------------------------------  ------------------------------------------------ 
 g)    Place of the                       Outside a trading venue 
        transaction 
      ---------------------------------  ------------------------------------------------ 
 

ENDS

Enquiries :

Ergomed plc Tel: +44 (0) 1483 402 975

Dr Miroslav Reljanović (Executive Chairman)

Jonathan Curtain (Chief Financial Officer)

Keith Byrne (Senior Vice-President, Capital Markets and

Strategy)

   Numis Securities Limited (Nominated Advisor and Joint            Tel: +44 (0) 20 7260 1000 

Broker)

Freddie Barnfield / Euan Brown/ Jack McLaren

   Peel Hunt Securities Limited    (Joint Broker)                            Tel: +44 (0) 20 7418 8900 

James Steel / Dr Christopher Golden

   Consilium Strategic Communications   - for UK enquiries         Tel: +44 (0) 20 3709 5700 

Chris Gardner / Matthew Neal ergomed@consilium-comms.com

About Ergomed plc

Ergomed provides specialist services to the pharmaceutical industry spanning all phases of clinical development, post-approval pharmacovigilance and medical information. Ergomed's fast-growing services business includes an industry-leading suite of specialist pharmacovigilance (PV) solutions, integrated under the PrimeVigilance brand, a full range of high-quality clinical research and trial management services under the Ergomed brand (CRO) and mission-critical regulatory compliance and consulting services under the ADAMAS brand. For further information, visit: http://ergomedplc.com .

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END

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June 16, 2023 02:00 ET (06:00 GMT)

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