PureTech Health PLC Director/PDMR Shareholding (3946C)
April 13 2017 - 2:00AM
UK Regulatory
TIDMPRTC
RNS Number : 3946C
PureTech Health PLC
13 April 2017
PDMR DEALING NOTIFICATION
1 Details of the person discharging managerial responsibilities/person closely associated
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a) Name Bharatt Chowrira
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2 Reason for the notification
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a) Position/status President and Chief of Business and Strategy
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b) Initial notification/Amendment Initial notification
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3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
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a) Name PureTech Health plc
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b) LEI N/A
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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
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a) Description of the financial instrument, type of An option over ordinary shares of
instrument one pence each in the capital of
Identification code PureTech Health plc ("Ordinary Shares")
Option over Ordinary Shares with ISIN GB00BY2Z0H74
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b) Nature of the transaction Pursuant to the terms of his Employment Agreement
dated 1 March 2017, on 12 April 2017 PureTech
Health plc granted two share options to Bharatt
Chowrira.
The first option in respect of 900,000 Ordinary Shares
will vest in the following manner:
25% to vest on 1 March 2018, and remaining 75% shall
vest in equal monthly instalments over
the three years following 1 March 2018; provided that
the option holder continues to be employed
by PureTech Health plc on each such vesting date.
The second option in respect of 300,000 Ordinary
Shares will vest upon the achievement of
a major business development inflection milestone (as
defined in advance by the option holder
and the CEO of PureTech Health plc); provided that the
option holder continues to be employed
by PureTech Health plc on each such vesting date.
The options each have an exercise price of 114.25
pence per share.
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c) Price(s) and volume(s) Price(s) Volume(s)
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Nil 900,000
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Nil 300,000
---------- ----------
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d) Aggregated information- Aggregated volume
N/A
- Price
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e) Date of the transaction 12 April 2017
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f) Place of the transaction Outside a trading venue
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This information is provided by RNS
The company news service from the London Stock Exchange
END
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