08 August 2019

Director/PDMR Dealing

The Company today announces that, Jamal Rushdy, Chief Executive Officer ("CEO") of the Company, was granted options (the "Options") over 2,025,000 ordinary shares of 1 pence each in the ordinary share capital of the Company ("Shares") exercisable at a price of 3.9 pence per Share.

The Options will vest in three equal tranches on the first, second and third anniversaries of the date of grant. Such vesting will be conditional on his continued employment. In addition, the ability to exercise any vested Options will be dependent on achieving a closing middle market price per Share of 10 pence at any time after the date of grant and on the Company delivering sustainable positive cash flows from operations for any period of six months. All Options will lapse after 10 years from the date of grant, being 7 August 2029.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Jamal Rushdy
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 Collagen Solutions plc
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 1p each

ISIN Code: GB00B94T6Y14
b) Nature of the transaction Grant of options over ordinary shares of 1p each exercisable at 3.9p per share
c) Price(s) and volume(s)
Price (s) Volume(s)
0 pence 2,025,000
d) Aggregated information
- Aggregated volume
- Price
e) Date of the transaction 08/08/2019
f) Place of the transaction Outside a trading venue



Collagen Solutions Plc Via Walbrook
Jamal Rushdy, CEO  
Hilary Spence, CFO  
Cenkos Securities Plc (Nominated Adviser and Broker) Tel: 0207 397 8900
Giles Balleny
Stephen Keys
Walbrook PR Ltd Tel: 020 7933 8780 or collagen@walbrookpr.com
Anna Dunphy Mob: 07876 741 001