PDMR Notification RSU Vesting
No summary for this filing – the full text is below.
Select text to share a quote on X · sign in to keep highlights & notes in your PRTC notes
PDMR Notifications
PureTech Health plc (Nasdaq: PRTC, LSE: PRTC) ("PureTech" or the "Company"), a clinical-stage biotherapeutics company dedicated to giving life to new classes of medicine to change the lives of patients with devastating diseases, announces that awards of restricted share units ("RSUs") granted by PureTech on 26 June 2024 to certain directors and other persons discharging managerial responsibilities ("PDMRs") pursuant to its Performance Share Plan ("PSP") 33% of the shares vested on 26 June 2025.
Each PDMR received vested ordinary shares (after deduction of shares for payroll taxes) on 07 July 2025. The market price per ordinary share in the Company used to calculate the amount payable to the PDMRs and the amount of shares to be issued to PDMRs was 125.80 pence, being the average closing price of the Company's shares over the three-trading day period immediately prior to issuance, and the exchange rate used to calculate the cash payment and amount of share settlement was £1: $1.37.
PDMR Notification
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |
| a) | Name | Bharatt Chowrira Eric Elenko Michael Inbar Charles Sherwood |
| 2 | Reason for the notification | |
| a) | Position/status | Bharatt Chowrira - Chief Executive Officer Eric Elenko - President Michael Inbar - Chief Accounting Officer Charles Sherwood - General Counsel and Corporate Secretary |
| b) | Initial notification/Amendment | Initial Notification |
| a) | Name | PureTech Health plc |
| b) | LEI | 213800LVPDNO2Z9T9I39 |
| c) | Price(s) and volume(s) | Recipient Price Amount Bharatt Chowrira 0.01 GBP 167,739 ordinary shares Eric Elenko 0.01 GBP 56,735 ordinary shares Michael Inbar 0.01 GBP 30,245 ordinary shares Charles Sherwood 0.01 GBP 37,001 ordinary shares |
| e) | Date of the transaction | 03 J uly 2025 |
| f) | Place of the transaction | London Stock Exchange (XLON) |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.