Circassia Pharmaceuticals Launches Employee Share Scheme

Circassia Pharmaceuticals (GB:NIOX) has released an update.

Circassia Pharmaceuticals, known as NIOX Group plc, has announced the launch of its 2024 Save As You Earn (SAYE) Scheme, allowing all eligible UK employees to purchase company shares at a 20% discount. A total of 133,762 options were granted, with key executives Ian Johnson and Michael Roller receiving 36,152 options each. The option exercise price is set at 51.31 pence per share, which is notably lower than the recent average mid-market closing price.

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