( "Pensana" or the "Company" )
Grant of Share Awards
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:
_____________________________________________________________________________ | | |Number of New Share| |Total Share Awards | |Name |Position|Awards Granted |Vesting Period|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 | |__|________________________________________________|__________________________| | |Details of the transaction(s): section to be repeated for (i) each type of | |4 |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|Ordinary shares of 1p each| | |instrument | | |__|________________________________________________|__________________________| | |Identification code |GB00BKM0ZJ18 | |__|________________________________________________|__________________________| |b)|Nature of the transaction |Grant of Share Awards | |__|________________________________________________|__________________________| | | |Price: N/A | |c)|Price(s) and volume(s) | | | | |Volume: 750,000 | |__|________________________________________________|__________________________| | | |Aggregated volume: 750,000| |d)|Aggregated information | | | | |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 | |__|________________________________________________|__________________________| | |Details of the transaction(s): section to be repeated for (i) each type of | |4 |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|Ordinary shares of 1p each| | |instrument | | |__|________________________________________________|__________________________| | |Identification code |GB00BKM0ZJ18 | |__|________________________________________________|__________________________| |b)|Nature of the transaction |Grant of Share Awards | |__|________________________________________________|__________________________| | | |Price: N/A | |c)|Price(s) and volume(s) | | | | |Volume: 475,000 | |__|________________________________________________|__________________________| | | |Aggregated volume: 475,000| |d)|Aggregated information | | | | |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 | |__|________________________________________________|__________________________| | |Details of the transaction(s): section to be repeated for (i) each type of | |4 |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|Ordinary shares of 1p each| | |instrument | | |__|________________________________________________|__________________________| | |Identification code |GB00BKM0ZJ18 | |__|________________________________________________|__________________________| |b)|Nature of the transaction |Grant of Share Awards | |__|________________________________________________|__________________________| | | |Price: N/A | |c)|Price(s) and volume(s) | | | | |Volume: 700,000 | |__|________________________________________________|__________________________| | | |Aggregated volume: 700,000| |d)|Aggregated information | | | | |Price: N/A | |__|________________________________________________|__________________________| |e)|Date of the transaction |5 April 2024 | |__|________________________________________________|__________________________| |f)|Place of the transaction |Outside a trading venue | |__|________________________________________________|__________________________|
ENDS
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