Grant of awards under Long-Term Incentive Plan
Inspiration Healthcare Group plc announced on August 7, 2026, the grant of 2,759,141 options under its Long-Term Incentive Plan, including 1,822,268 awarded to the Chief Executive Officer and Chief Financial Officer. These options, exercisable at nil cost, are subject to vesting conditions tied to Adjusted EBITDA and cashflow conversion targets over the three years ending January 31, 2029. Additionally, bonus awards for the financial year ended January 31, 2026, were granted, vesting immediately and exercisable from the first anniversary of the award date. The Chief Executive Officer received 787,027 LTIP options and 308,756 bonus options, while the Chief Financial Officer received 494,918 LTIP options and 231,567 bonus options.
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Inspiration Healthcare Group plc (AIM: IHC), the global medical technology company, pioneering specialist neonatal intensive care medical devices, announces that on 6 August 2026, the Company awarded 2,759,141 options under the Inspiration Group plc Long Term Incentive Plan including 1,822,268 to its Chief Executive Officer and Chief Financial Officer as set out in the table below. The awards are over ordinary shares of £0.10 ("Ordinary Shares") in the form of options to acquire Ordinary Shares at nil cost ("Awards").
These awards reflect the annual issue of long term incentives and annual bonus awards under the Group's remuneration policy. The LTIP Awards will vest on the third anniversary of grant subject to meeting a minimum Adjusted EBITDA and Adjusted EBITDA to operating cashflow conversion targets over the three-year period ending on 31 January 2029. Bonus Awards relate to bonuses awarded for the financial year ended 31 January 2026 ("FY26"), vest immediately and can be exercised from the first anniversary of the award date.
| Executive | Role | Number of Awards |
| Raffi Stepanian | Chief Executive Officer | 787,027 LTIP |
| Raffi Stepanian | Chief Executive Officer | 308,756 FY26 Bonus |
| Alan Olby | Chief Financial Officer | 494,918 LTIP |
| Alan Olby | Chief Financial Officer | 231,567 FY26 Bonus |
| a) Name | Harout Rafi Stepanian | |
| 2. Reason for the notification | ||
| a) Position/status | PDMR (Chief Executive Officer) | |
| b) Initial notification / Amendment | Initial notification | |
| a) Name | Inspiration Healthcare Group plc | |
| b) LEI | 213800GKFT3ENAPMDL15 | |
| a) Description of the financial instrument, type of instrument / Identification code | Options over Ordinary Shares of £0.10 each in the capital of the Company ISIN: GB00BXDZL105 | |
| b) Nature of the transaction | Grant of options under the Inspiration Healthcare Group plc Long Term Incentive Plan | |
| c) Price(s) and volume(s) | Price(s): Nil Volume(s): 787,027 | |
| d) Aggregated information - Aggregated volume, Price | n/a | |
| e) Date of the transaction | 6 August 2026 | |
| f) Place of the transaction | Off market | |
- Details of the person discharging managerial responsibilities / person closely associated
| a) Name | Harout Rafi Stepanian |
| 2. Reason for the notification | |
| a) Position/status | PDMR (Chief Executive Officer) |
| b) Initial notification / Amendment | Initial notification |
| a) Name | Inspiration Healthcare Group plc |
| b) LEI | 213800GKFT3ENAPMDL15 |
| a) Description of the financial instrument, type of instrument / Identification code | Options over Ordinary Shares of £0.10 each in the capital of the Company ISIN: GB00BXDZL105 |
| b) Nature of the transaction | Grant of options in respect of the FY26 annual bonus award |
| c) Price(s) and volume(s) | Price(s): Nil Volume(s): 308,756 |
| d) Aggregated information - Aggregated volume, Price | n/a |
| e) Date of the transaction | 6 August 2026 |
| f) Place of the transaction | Off market |
- Details of the person discharging managerial responsibilities / person closely associated
| a) Name | Alan Musgrave Olby |
| 2. Reason for the notification | |
| a) Position/status | PDMR (Chief Financial Officer) |
| b) Initial notification / Amendment | Initial notification |
| a) Name | Inspiration Healthcare Group plc |
| b) LEI | 213800GKFT3ENAPMDL15 |
| a) Description of the financial instrument, type of instrument / Identification code | Options over Ordinary Shares of £0.10 each in the capital of the Company ISIN: GB00BXDZL105 |
| b) Nature of the transaction | Grant of options under the Inspiration Healthcare Group plc Long Term Incentive Plan |
| c) Price(s) and volume(s) | Price(s): Nil Volume(s): 494,918 |
| d) Aggregated information - Aggregated volume, Price | n/a |
| e) Date of the transaction | 6 August 2026 |
| f) Place of the transaction | Off market |
- Details of the person discharging managerial responsibilities / person closely associated
| a) Name | Alan Musgrave Olby |
| 2. Reason for the notification | |
| a) Position/status | PDMR (Chief Financial Officer) |
| b) Initial notification / Amendment | Initial notification |
| a) Name | Inspiration Healthcare Group plc |
| b) LEI | 213800GKFT3ENAPMDL15 |
| a) Description of the financial instrument, type of instrument / Identification code | Options over Ordinary Shares of £0.10 each in the capital of the Company ISIN: GB00BXDZL105 |
| b) Nature of the transaction | Grant of options in respect of the FY26 annual bonus award |
| c) Price(s) and volume(s) | Price(s): Nil Volume(s): 231,567 |
| d) Aggregated information - Aggregated volume, Price | n/a |
| e) Date of the transaction | 6 August 2026 |
| f) Place of the transaction | Off market |
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