#HVO hVIVO PLC – Director/PDMR Shareholding March 7, 2025 – Posted in: hVIVO (HVO) – Tags: clinical, contract, human challenge, incentive, long term, ordinary share, pdmr, plan, research, trials
hVIVO plc (AIM: HVO), a fast-growing early-stage Contract Research Organisation (CRO) and the world leader in human challenge clinical trials, was notified on 6 March 2025 that 6,440,119 options were exercised by Yamin Khan under the terms of the Company’s Long Term Incentive Plan (“LTIP”) at £0.001 per ordinary share.
Of the 6,440,119 options exercised, Mr Khan has sold 3,062,246 ordinary shares of £0.001 each in the Company (“Ordinary Shares”) at 17p per Ordinary Share to meet the exercise cost and tax liabilities. Following this transaction, Mr Khan’s holding in the Company is as detailed below:
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PDMR |
Number of Ordinary Shares previously held |
Number of options exercised
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Number of options held post exercise
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Number of Ordinary Shares sold |
Resulting holding of Ordinary Shares |
Resulting holding of Ordinary Shares % |
|
Yamin ‘Mo’ Khan |
523,730 |
6,440,119 |
4,606,794 |
3,062,246 |
3,901,603 |
0.57% |
Application will be made for 6,440,119 new Ordinary Shares to be admitted to trading on AIM. Admission is expected to become effective on 13 March 2025. Following Admission, the Company will have 686,811,996 Ordinary Shares in issue. All Ordinary Shares shall have equal voting rights and none of the Ordinary Shares are held in treasury. The total number of voting rights in the Company immediately following Admission will therefore be 686,811,996.
For further information please contact:
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hVIVO plc |
+44 (0)20 7756 1300 |
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Yamin ‘Mo’ Khan, Chief Executive Officer Stephen Pinkerton, Chief Financial Officer |
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Cavendish Capital Markets Limited (Nominated Adviser and Joint Broker) |
+44 (0)20 7220 0500 |
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Geoff Nash, Camilla Hume, Harriet Ward Nigel Birks – Life Science Specialist Sales Louise Talbot – Sales |
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Peel Hunt LLP (Joint Broker) |
+44 (0)20 7418 8900 |
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James Steel, Dr Christopher Golden |
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Davy (Joint Broker) |
+353 (0) 1 679 6363 |
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Anthony Farrell, Niall Gilchrist |
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Walbrook PR (Financial PR & IR) Paul McManus / Phillip Marriage / |
+44 (0)20 7933 8780 or hvivo@walbrookpr.com +44 (0)7980 541 893 / +44 (0)7867 984 082 / |
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The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (“MAR”) EU no.596/2014. Upon the publication of this announcement via Regulatory Information Service (“RIS”), this inside information is now considered to be in the public domain.
