3i Group PLC

Remuneration Information • Jun 29, 2018

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

RNS Number : 0222T

LiDCO Group Plc

29 June 2018

29 June 2018

LiDCO Group Plc

("LiDCO" or the "Company")

Award of share options/director dealing

LiDCO (AIM: LID), the hemodynamic monitoring company, announces that following the notification in the Annual Report, on 20 April 2018, the Board finalised a grant of options ("Options") to Mr Sassone, CEO, 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
Matt Sassone	Unapproved	1,000,000	4,147,342	1.70%
	EMI		3,448,262	1.41%
Total		1,000,000	7,595,604	3.11%

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 expiry date is April 2023. The hurdle rates were set with regard to the closing midmarket price on Thursday 19 April and are between 8.38p and 12.38p.

Full details of these Options and others held are given in the Company's report and accounts (Directors' remuneration report) which are available on the Company's website.

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:

Matt Sassone

2.     

Reason for the notification

a)

Position/status:

Chief Executive 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:

213800PYQTIUV6HIYL36

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	1,000,000

d)

Aggregated information:

· Aggregated volume:

· Price:

Single transaction as in 4 c) above

Price(s)	Volume(s)
0.5p	7,595,604

e)

Date of the transaction:

20/04/18

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
Anna Dunphy	Mob: 07876 741 001
Lianne Cawthorne	Mob: 07584 391 303

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

DSHLIFLRRIIAFIT