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IMMUPHARMA PLC — Remuneration Information 2016
Jun 2, 2016
7703_dirs_2016-06-02_2ed568f7-3b00-4790-9c6a-60ad1494192a.html
Remuneration Information
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RNS Number : 0951A
Immupharma PLC
02 June 2016
For Immediate Release 2 June 2016
IMMUPHARMA PLC
Grant of Options
ImmuPharma PLC (LSE:IMM), ("ImmuPharma" or the "Company"), the specialist drug discovery and development company, has today granted a total number of 1,600,000 share options to certain of its directors and employees representing 1.31% of ImmuPharma's Ordinary Shares and total voting rights. The exercise price for these options is 43.88 pence being the closing middle market share price on 1 June 2016. The options are exercisable between three and ten years from the date of grant.
The Company has adopted a HM Revenue & Customs approved share ownership plan (CSOP) and an unapproved share option scheme.
The amount of options granted to directors are summarised in the following table:
| Director | Options Granted |
| Tim McCarthy | 500,000 |
| Franco di Muzio | 100,000 |
| Stephane Mery | 100,000 |
Following this grant of options, the total number of share options outstanding will be 3,080,000 representing 2.53% of ImmuPharma's total voting rights.
-Ends-
For further information please contact:
| ImmuPharma plc (www.immupharma.org) | + 44 (0) 20 7152 4080 |
| Tim McCarthy, Chairman | |
| Lisa Baderoon, Head of Investor Relations Twitter: @immupharma |
+ 44 (0) 7721 413 496 |
| Panmure, Gordon & Co., NOMAD & Broker | +44 (0) 20 7886 2500 |
| Fred Walsh, Duncan Monteith, Corporate Finance Charles Leigh-Pemberton, Corporate Broking |
This information is provided by RNS
The company news service from the London Stock Exchange
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