Inspiration Healthcare Group PLC Grant of Options (1828C)
June 09 2023 - 2:00AM
UK Regulatory
TIDMIHC
RNS Number : 1828C
Inspiration Healthcare Group PLC
09 June 2023
9 June 2023
Inspiration Healthcare Group plc
("Inspiration Healthcare", the "Company" or the "Group")
Grant of Options
Inspiration Healthcare Group plc (AIM: IHC), the global medical
technology company, announces that it has granted a total of
573,539 nil cost options over ordinary shares of 10 pence each in
the capital of the Company ("Options") under the Inspiration
Healthcare Group Long Term Incentive Plan (the "LTIP"), including a
total of 417,970 Options to four Persons Discharging Managerial
Responsibilities ("PDMRs") as detailed below.
The Options are exercisable at nil cost and are subject to
operational performance criteria measured over a three year period
ending on 31 January 2026.
For further information:
Inspiration Healthcare Group Tel: +44 (0)330 175 0000
plc
Neil Campbell, Chief Executive
Officer
Liberum (Nominated Adviser & Tel: +44 (0)20 3100 2000
Broker)
Phil Walker, Richard Lindley,
William Hall, Will King
Walbrook PR Ltd (Media and Investor Tel: +44 (0)20 7933 8780
Relations)
Anna Dunphy/Stephanie Cuthbert
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 1. Neil Campbell
2. Brook Nolson
3. Martin Pearcy
4. Peter Reynolds
------------------ -----------------------------------------------
2 Reason for the notification
-------------------------------------------------------------------
a) Position/status 1. P DMR (CEO)
2. PDMR (COO)
3. PDMR
4. PDMR
------------------ -----------------------------------------------
b) Initial Initial
notification
/Amendment
------------------ -----------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-------------------------------------------------------------------
a) Name Inspiration Healthcare Group plc
------------------ -----------------------------------------------
b) LEI 213800GKFT3ENAPMDL15
------------------ -----------------------------------------------
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 O ptions over Ordinary Shares of 10p each
of the in the capital of the Company
financial ISIN: GB00BXDZL105
instrument,
type of
instrument
Identification
code
------------------ -----------------------------------------------
b) Nature Grant of Options under the Long Term Incentive
of the Plan
transaction
------------------ -----------------------------------------------
c) Price(s) Price(s) Volume(s)
and volume(s) 1. Nil 1. 155,043
2. Nil 2. 124,034
3. Nil 3. 87,212
4. Nil 4. 51,681
------------------ -----------------------------------------------
d) Aggregated
information
- Aggregated N/A - single transaction
volume
- Price
------------------ -----------------------------------------------
e) Date of 8 June 2023
the transaction
------------------ -----------------------------------------------
f) Place of Outside of a trading venue
the transaction
------------------ -----------------------------------------------
About Inspiration Healthcare
Inspiration Healthcare (AIM: IHC) is a global provider of
medical technology for use in neonatal intensive care &
operating theatres. The Company provides high quality innovative
products to patients around the world which help to improve patient
outcomes and it actively invests in innovative product
opportunities and disruptive technologies.
The Company has key own brand products that can be used within
the first days of life to help premature and sick babies; helping
resuscitation and stabilisation in the first moments of life
through to preventing brain damage and both invasive and
non-invasive respiratory support in terms of capital equipment and
disposable medical devices. Additionally, the Company has its own
range of products for maintaining normothermia pre, during and
post-surgery.
Since September 2019, the Company has acquired Vio Holdings a
designer, manufacturer and supplier of single use respiratory
products and sterile medical consumables and S.L.E., a leading
designer, manufacturer and global provider of neonatal ventilation
products. The Group generates approximately 58% of its revenues
from export markets and more than half of its revenues come from
its own-branded products.
With product availability actively promoted to over 80 countries
through a distribution network, Inspiration Healthcare's success
has been built on continuous innovation, excellent customer service
and an inherent commitment to improving patient outcomes, working
in close collaboration with key opinion leaders across the
globe.
In the UK and Ireland, the Group has direct sales teams selling
Group Branded and complementary products from third parties, with
an additional range of home healthcare products. This is supported
by Technical Support for planned preventative maintenance and
emergency assistance.
The Group operates from various sites in the UK for R&D,
Marketing and operations with manufacturing based in Croydon (south
London) and Hailsham (East Sussex). The Group's Head Office is
located in Crawley, a short distance from London's Gatwick
Airport.
Further information on Inspiration Healthcare can be found at
www.inspirationhealthcaregroup.com
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END
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