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Stock impact report

Award of Share Options

Summit Therapeutics Inc. (SMMT) 
Last summit therapeutics inc. earnings: 6/12 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: summitplc.com/investors/investor-centre
Company Research Source: GlobeNewswire
Summit Therapeutics plc  (‘Summit’ or the ‘Company’) Award of Share Options Oxford, UK, and Cambridge, MA, US, 29 March 2019 – Summit Therapeutics plc (NASDAQ: SMMT, AIM: SUMM), a leader in new mechanism antibiotic innovation, announces the annual grant of options over new ordinary shares of one penny nominal value (‘Ordinary Shares’) on 29 March 2019 to the Chief Executive Officer, PDMRs and other employees in line with the Company’s Long Term Incentive Plan. Details of the grant to the Chief Executive Officer and the other PDMRs are summarised below. Director/PDMRPositionOptions AwardedTotal number of Options HeldGlyn EdwardsChief Executive Officer3,000,0005,785,268David RoblinChief Operating Officer, President of R&D2,000,0003,539,661Daniel ElgerChief Commercial Officer1,500,0001,923,430 All options awarded to the Chief Executive Officer and the other PDMRs on 29 March 2019 have an exercise price of 27.5 pence per share and will vest in full on 29 March 2022 subj Show less Read more
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