Share price: 108.00p

Grant of Options

18th May 2016

Cello today announces a series of annual awards under various option schemes as follows:

Under the Cello Group plc Unapproved Share Option Plan 2010 (“The Unapproved Plan”) options were granted on 17 May 2016 entitling certain employees to acquire a total of 190,000 ordinary shares of 10 pence each (“Ordinary Share”) at an exercise price of 97 pence per Ordinary Share.

Under the Performance Share Plan 2010 (“PSP”), options were also granted entitling certain directors and employees to acquire a total of 1,490,000 Ordinary Shares at an exercise price of 10 pence per Ordinary Share.

The following directors were awarded options under the PSP on 17 May 2016:

Name                  

Number of PSP options granted

% of issued share capital

Cumulative number of options held following grant

% of issued share capital

Mark Scott              

450,000

0.53%

1,622,000

1.81%

Mark Bentley

220,000

0.26%

605,000

0.71%

Stephen Highley 

220,000

0.26%

420,000

0.46%

All the options granted will normally be exercisable from 17 May 2019 subject to continued employment and the extent to which performance conditions have been met.

 

Contact Us

Dianna Hillier

Dianna.Hillier@cellohealth.com

Phone 020 7812 8468

Address

Cello Health plc

Queens House

8-9 Queen Street

London

EC4N 1SP

Registered Office

Queens House

8-9 Queen Street

London

EC4N 1SP

Company Registered

in England no.05120150