8 April 2024
Pensana
Plc
("Pensana"
or the
"Company")
Grant
of Share Awards
Pensana Plc, announces that, on 5 April
2024, it granted share awards over an aggregate, 3,050,000
ordinary shares of 1p each in the capital of the Company ("Ordinary
Shares") to directors, senior management and employees. For the
purposes of the allocation, a share price of 60p per Ordinary Share
was used.
Following these grants, a total of 3,847,916 share awards are
outstanding, which represents approximately 1.33 per cent of the
Company's existing issued share capital of 288,772,873
Ordinary Shares.
Executive Directors
The following new Share Awards have been granted to Executive
Directors and/or Officers of the Company:
|
Name
|
Position
|
Number of New Share Awards Granted
|
Vesting Period
|
Total Share Awards Held Following This Grant
|
|
Tim George
|
CEO
|
750,000
|
3 years
|
1,104,167
|
|
Robert Kaplan
|
CFO
|
475,000
|
3 years
|
718,750
|
|
Rocky Smith
|
COO
|
700,000
|
3 years
|
900,000
|
The new Share Awards set out in the table above for Executive
Directors and/or Officers are subject to the satisfaction of
certain performance conditions to be interpreted at the discretion
of the Remuneration Committee over the three-year review period.
Upon vesting, no consideration is payable. Subject to vesting and
such performance conditions being met, the new Share Awards will be
allocated to the participant as fully paid ordinary
shares
Senior Management and Employees
A further 1,125,000 Share Awards, in aggregate, have been granted
to certain other members of senior management and employees. For
the purposes of the allocation, a share price of 60p per Ordinary
Share was used.
The
notifications below are made in accordance with the requirements of
MAR.
PDMR
Notification Forms
|
1
|
Details of
the person discharging managerial responsibilities/person closely
associated
|
|
a)
|
Name
|
Tim
George
|
|
2
|
Reason for
the notification
|
|
a)
|
Position/status
|
CEO
|
|
b)
|
Initial
notification/Amendment
|
Initial
notification
|
|
3
|
Details of
the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
|
|
a)
|
Name
|
Pensana
Plc
|
|
b)
|
LEI
|
213800H4QP6T9499RU64
|
|
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
|
Ordinary
shares of 1p each
|
|
|
Identification
code
|
GB00BKM0ZJ18
|
|
b)
|
Nature of
the transaction
|
Grant of
Share Awards
|
|
c)
|
Price(s)
and volume(s)
|
Price:
N/A
Volume:
750,000
|
|
d)
|
Aggregated
information
|
Aggregated
volume: 750,000
Price:
N/A
|
|
e)
|
Date of
the transaction
|
5 April
2024
|
|
f)
|
Place of
the transaction
|
Outside a
trading venue
|
|
1
|
Details of
the person discharging managerial responsibilities/person closely
associated
|
|
a)
|
Name
|
Robert
Kaplan
|
|
2
|
Reason for
the notification
|
|
a)
|
Position/status
|
CFO
|
|
b)
|
Initial
notification/Amendment
|
Initial
notification
|
|
3
|
Details of
the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
|
|
a)
|
Name
|
Pensana
Plc
|
|
b)
|
LEI
|
213800H4QP6T9499RU64
|
|
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
|
Ordinary
shares of 1p each
|
|
|
Identification
code
|
GB00BKM0ZJ18
|
|
b)
|
Nature of
the transaction
|
Grant of
Share Awards
|
|
c)
|
Price(s)
and volume(s)
|
Price:
N/A
Volume:
475,000
|
|
d)
|
Aggregated
information
|
Aggregated
volume: 475,000
Price:
N/A
|
|
e)
|
Date of
the transaction
|
5 April
2024
|
|
f)
|
Place of
the transaction
|
Outside a
trading venue
|
|
1
|
Details of
the person discharging managerial responsibilities/person closely
associated
|
|
a)
|
Name
|
Rocky
Smith
|
|
2
|
Reason for
the notification
|
|
a)
|
Position/status
|
COO
|
|
b)
|
Initial
notification/Amendment
|
Initial
notification
|
|
3
|
Details of
the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
|
|
a)
|
Name
|
Pensana
Plc
|
|
b)
|
LEI
|
213800H4QP6T9499RU64
|
|
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
|
Ordinary
shares of 1p each
|
|
|
Identification
code
|
GB00BKM0ZJ18
|
|
b)
|
Nature of
the transaction
|
Grant of
Share Awards
|
|
c)
|
Price(s)
and volume(s)
|
Price:
N/A
Volume:
700,000
|
|
d)
|
Aggregated
information
|
Aggregated
volume: 700,000
Price:
N/A
|
|
e)
|
Date of
the transaction
|
5 April
2024
|
|
f)
|
Place of
the transaction
|
Outside a
trading venue
|
ENDS
For
further information, please contact:
Shareholder/analyst
enquiries:
Pensana
Plc
Paul Atherley, Chairman
IR@pensana.co.uk
Tim George, Chief Executive Officer