Grant of options

MedaPhor Group plc (AIM: MED), the global provider of advanced ultrasound training simulators for medical professionals, announces that Ian Whittaker, Chief Operating Officer, has today been granted 200,000 options over ordinary shares of the Company of 1 pence each (“Ordinary Shares”), pursuant to the MedaPhor Group plc EMI Share Option Scheme.

The exercise price of the options is 20.5p per Ordinary Share. 60,000 share options may be exercised between 5 April 2020 and 4 April 2027 (“the Lapse Date”), with the remaining options vesting subject to the achievement of certain financial performance criteria which must be achieved before the Lapse Date.

Full announcement can be viewed here.