Home » Advanced Oncotherapy (AVO) » Advanced Oncotherapy – Director Dealing and Award of Options

Advanced Oncotherapy – Director Dealing and Award of Options

AVO1Advanced Oncotherapy (AVO), the developer of next-generation proton therapy systems for cancer treatment, announces that Dr Enrico Vanni, a Non-Executive Director of the Company, had on 14th July purchased 1,000,000 ordinary shares of 1 penny each in the Company at 7.9 pence per Ordinary Share.

Following this transaction, Dr Vanni now holds 14,050,000 Ordinary Shares representing 1.02% of the issued share capital of the Company.

The Company further announces that it has today agreed to award the following share options at an exercise price of 8 pence per share:-

Share Options Expiry Date
Sanjeev Pandya, CEO 10,000,000 31 July 2020
Nicolas Serandour, CFO 10,000,000 31 July 2020
Tim Lebus, NED 7,500,000 31 July 2020
Michael Bradfield, NED 20,000,000 31 July 2020
Enrico Vanni  5,000,000 31 July 2020

The vesting period for the options is three years and is conditional on the integration and testing of the first LIGHT system in Harley Street by the end of 2016 and treatment of patients in 2017.

For further information, please contact:

Advanced Oncotherapy Plc www.avoplc.com
Sanjeev Pandya, CEO Tel: +44 20 3617 8728
Nicolas Serandour, CFO
Westhouse Securities (Nomad & Joint Broker)
Antonio Bossi / David Coaten Tel: +44 20 7601 6100
Beaufort Securities (Joint Broker)
Saif Janjua / Jon Levinson Tel: +44 20 7382 8300
Walbrook PR (Financial PR & IR) Tel: +44 20 7933 8780 or avo@walbrookpr.com
Paul McManus / Anna Dunphy Mob: +44 7980 541 893 / Mob: +44 7876 741 001

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