3i Group PLC

Remuneration Information • Jul 6, 2017

National Storage Mechanism | Additional information

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RNS Number : 2639K

LiDCO Group Plc

06 July 2017

LiDCO Group Plc

("LiDCO" or the "Company")

Confirmation of Chief Financial Officer appointment

Award of share options/director dealing

LiDCO (AIM: LID), the hemodynamic monitoring company, confirms the appointment of Jill McGregor as Chief Financial Officer on the 3 July, further to the announcement made on the 1 March 2017.

Ms McGregor is a Chartered Accountant and has over 25 years' experience in a number of finance roles. Ms McGregor joins LiDCO after six years as Chief Financial Officer of Touch Bionics, a UK based provider of upper limb technologies, with operations in the USA and Germany which was recently acquired by Össur. Prior to this, Ms McGregor spent seven years at Optos plc, a provider of retinal imaging devices, as Group Financial Controller and then as Vice President and Director of Finance. Optos listed on the London Stock Exchange in 2006 and was acquired by Nikon in 2015.

Grant of options

Yesterday, 5 July 2017, the Company finalised a grant of options ("Options") to Jill McGregor, CFO, to subscribe for new ordinary shares of 0.5p each ("Ordinary Shares"). 

	Option type	Number of shares over which options granted	Total number of options held post grant	Percentage of issued share capital under option
Jill McGregor	EMI	1,500,000	1,500,000	0.6%
Total		1,500,000	1,500,000	0.6%

The above Options vest and may be exercised three years from grant if certain share price hurdles are met. The Options are exercisable over a range of periods at 0.5 pence per Ordinary Share, subject to the Company's share price averaging above a number of hurdle rates. The hurdle rates were in part set with regard to yesterday's closing share price of 10.125p and are between 12p and 16p.

The below notification is made in accordance with the requirements of the EU Market Abuse Regulation.

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name:

Jill McGregor

2.

Reason for the notification

a)

Position/status:

Chief Financial Officer

b)

Initial notification/Amendment:

Initial Notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name:

LiDCO Group 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 instrument, type of instrument:

Identification code:

Ordinary Shares of 0.5p nominal

GB0030546849

b)

Nature of the transaction:

Grant of Management Share Options

c)

Price(s) and volume(s):

Price(s)	Volume(s)
0.5p	1,500,000

d)

Aggregated information:

·     Aggregated volume:

·     Price:

Single transaction as in 4 c) above

Price(s)	Volume(s)
0.5p	1,500,000

e)

Date of the transaction:

05/07/17

f)

Place of the transaction:

London Stock Exchange, AIM (XLON)

For further information, please contact:

LiDCO Group Plc	www.lidco.com
Matt Sassone (CEO)	Tel: +44 (0)20 7749 1500
finnCap	Tel: +44 (0)20 7600 1658
Geoff Nash / Emily Watts (Corporate Finance)
Stephen Norcross (Corporate Broking)
Walbrook PR Ltd	Tel: 020 7933 8780 or lidco@walbrookpr.com
Paul McManus	Mob: 07980 541 893
Lianne Cawthorne	Mob: 07584 391 303

This information is provided by RNS

The company news service from the London Stock Exchange

END

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