15 February 2017

Grant of Options

Collagen Solutions plc (AIM: COS), the developer and manufacturer of medical grade collagen components for use in regenerative medicine, medical devices and in-vitro diagnostics, announces that options over 500,000 ordinary shares of 1p each in the Company ("Ordinary Shares") were granted today to Kevin Darling, General Manager (New Zealand) ("Options").

The Options have an exercise period of ten years from grant and have an exercise price per Option of 5.625p. The Options vest in full upon the closing middle market price per Ordinary Share exceeding 27p or EPS for the relevant financial year achieving 1p during the exercise period.

 

Collagen Solutions Plc Contact via Walbrook
Jamal Rushdy, Chief Executive Officer 
Gill Black, Chief Financial Officer  
   
Cenkos Securities plc (Nominated Adviser & Broker) Tel: 0207 397 8900
Stephen Keys  
Steve Cox  
Callum Davidson  
   
Walbrook PR Ltd Tel: 020 7933 8780 or collagen@walbrookpr.com
Mike Wort Mob: 07900 608 002
Anna Dunphy Mob: 07876 741 001

 

 

1 Details of the person discharging managerial responsibilities / person closely associated
a) Name   Kevin Darling
2 Reason for the notification
a) Position/status   General Manager, New Zealand - Executive Team Member
b) Initial notification /Amendment    

Initial Notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name   Collagen Solutions 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

dentification code
Option to acquire 1p ordinary shares in Collagen Solutions Plc

N/A
b) Nature of the transaction   Grant of Options
c) Price(s) and volume(s)   Price (exercise):  5.625p

Volume(s): 500,000
d) Aggregated information

- Aggregated volume

- Price


N/A

N/A
e) Date of the transaction   15 February 2017
f) Place of the transaction   Outside a trading venue