9th July 2026
Cardiogeni PLC
("Cardiogeni", "CGNI" or the "Company")
Grant of Incentive Options over Stock
Cardiogeni (AQSE: CGNI), a UK clinical stage biotechnology company founded by 2007 Nobel Laureate Sir Martin Evans to develop and commercialise novel heart regeneration medicines, announces that, pursuant to the authorities granted to it by shareholder resolutions passed at the Annual General Meeting held on December 31st 2025, it has granted its Executive Director, Mr Ajan Reginald with 1,750,000 incentive options over shares intended to qualify as EMI options according to the below schedule.
Name Mr Ajan Reginald | Role Executive Director | Grant Date 08/07/26 | Vesting Period / Price 3 years / £0.001 | Number of Options Granted 1,750,000 | Total Number of Options Held 1,750,000 |
The Company has made the relevant notification to HM Revenue & Customs in accordance with the applicable statutory deadline. In the event the conditions for EMI qualification are not satisfied, this option grant will be treated as an unapproved share option.
Following this grant, there are 4,000,000 options outstanding and 2,560,396 warrants oustanding.
ENDS
The directors of Cardiogeni accept responsibility for this announcement.
For further information please contact:
Cardiogeni PLC | Dr Darrin M Disley, Executive Chairman Ajan Reginald, Executive Officer Via First Sentinel | First Sentinel Corporate Finance Limited, Corporate Adviser | Brian Stockbridge +44 020 3855 5551 | SP Angel Corporate Finance LLP, Corporate Broker | David Hignell Vadim Alexandre Devik Mehta +44 20 3470 0470 |
About Cardiogeni
Founded by Nobel Laureate, Professor Sir Martin Evans, the Cardiogeni Group is developing a new class of life-saving cellular medicines. The Group's platform technology enables the creation of unique (living) cells that are engineered with a specific therapeutic function.
The Group's lead product, CLXR-001, is a patented engineered cellular medicine to treat heart failure patients which is administered during coronary artery bypass grafting surgery. The Group's novel epigenetic cellular reprogramming technology was developed in-house by Professor Sir Martin Evans and the platform along with the pipeline of medicines in development are protected by a portfolio of ~100 international patents and trademarks.
CLXR-001 targets heart failure which will affect 1 in 4 people in their lifetime and is not reversible or curable. CLXR-001 consists of a novel allogeneic (off-the-shelf) cell type, iMP cells, engineered for cardiac regeneration whose mechanism of action is to regenerate damaged heart tissue and restoration of improved heart function improving both the life expectancy and quality of life of patients.
CLXR-001 targets the cardiac market niche of CABG surgery with ~400,000 patients per year in the US alone. The Group's two follow-on products target larger cardiac market segments of stent treatment (over two million patients per year) and myocardial infarction (heart attack, over one million patients per year). Each of the products has the potential to become a first or best-in-class blockbuster ($1B in annual sales) medicine.
CLXR-001 has successfully completed an EU Phase 2 investigator sponsored clinical trial in which patients showed a statistically significant (P<0.05) improvement in all end-point targets including heart function, reduction in heart scarring and an improvement in quality of life.
CLXR-001 has received regulatory approval to begin a randomized controlled trial from the national regulatory authority of a European Union member country, and this trial has begun dosing patients with interim data expected to read-out within 30 months of Admission.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
1. Details of the person discharging managerial responsibilities / person closely associated | a) Name Ajan Reginald | 2. Reason for the Notification | a) Position/status Executive Director | b) Initial notification / Amendment Initial notification | 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | a) Name Cardiogeni PLC | b) LEI 9845000F8F59ATZD8F92 | 4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | a) Description of the Financial instrument, type of instrument Other - Options over ordinary shares | ISIN GB00BTBLFC12 | b) Nature of the transaction Issue of intended EMI options at £0.001 exercise price issued at Nil consideration | c) Price(s) and volume(s)
| d) Aggregated information: · Aggregated volume · Price 1,750,000 Nil | e) Date of the transaction 08/07/2026 | f) Place of the Transaction Outside trading venue |
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