Source - LSE Regulatory
RNS Number : 0108P
Oxford Nanopore Technologies plc
13 October 2021
 

13 October 2021

Oxford Nanopore Technologies plc (the "Company")

Share Incentive Plan

The Company announces that on 13 October 2021, it issued 406,386 ordinary shares of £0.0001 each to Solium Trustee (UK) Limited at a price of £0.0001 per share.  The shares were issued in satisfaction of free share awards made to eligible participants under the Oxford Nanopore Technologies plc Share Incentive Plan (the "SIP"), including those Persons Discharging Managerial Responsibility of the Company (each a "PDMR") outlined below.  The shares rank equally with existing issued ordinary shares.

Eligible employees have been granted 633 free shares each, representing approximately £3,600 which is the maximum amount permitted under the relevant legislation.  The free shares were awarded on 13 October 2021 and are subject to a 3-year forfeiture period. 

Details of the free shares allotted to PDMRs under the SIP are set out below:

Name of PDMR

Number of Free Shares

Gurdial (Gordon) Sanghera (Director)

633

Clive Brown (Director)

633

Timothy Cowper (Director)

633

 

This announcement is made pursuant to the Company's obligations under Article 19(3) of the UK Market Abuse Regulation.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

Clive Brown - award of free shares under the Share Incentive Plan

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Clive Brown

2

Reason for the notification

a)

Position/status

Chief Technology Officer

b)

Initial/Amendment notification

Initial

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Oxford Nanopore Technologies PLC

b)

LEI

213800IRWQ2Q6M2CDW55

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

 

Identification code

 Ordinary shares with a nominal value of £0.0001 each

 

 

GB00BP6S8Z30

b)

Nature of the transaction

Award of free shares under the Company's Share Incentive Plan

c)

Price

 

Volume

 

Total

Nil

 

633

 

Nil

 

d)

Aggregated Price

 

Aggregated volume

 

Aggregated Total

N/A

 

e)

Date of the transaction

13 October 2021

f)

Place of the transaction

London Stock Exchange (XLON)

 

Timothy Cowper - award of free shares under the Share Incentive Plan

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Timothy Cowper

2

Reason for the notification

a)

Position/status

Chief Financial Officer

b)

Initial/Amendment notification

Initial

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Oxford Nanopore Technologies PLC

b)

LEI

213800IRWQ2Q6M2CDW55

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

 

Identification code

 Ordinary shares with a nominal value of £0.0001 each

 

 

GB00BP6S8Z30

b)

Nature of the transaction

Award of free shares under the Company's Share Incentive Plan

c)

Price

 

Volume

 

Total

Nil

 

633

 

Nil

 

d)

Aggregated Price

 

Aggregated volume

 

Aggregated Total

N/A

 

e)

Date of the transaction

13 October 2021

f)

Place of the transaction

London Stock Exchange (XLON)

 

Gurdial (Gordon) Sanghera - award of free shares under the Share Incentive Plan

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Gurdial Sanghera

2

Reason for the notification

a)

Position/status

Chief Executive Officer

b)

Initial/Amendment notification

Initial

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Oxford Nanopore Technologies PLC

b)

LEI

213800IRWQ2Q6M2CDW55

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

 

Identification code

 Ordinary shares with a nominal value of £0.0001 each

 

 

GB00BP6S8Z30

b)

Nature of the transaction

Award of free shares under the Company's Share Incentive Plan

c)

Price

 

Volume

 

Total

Nil

 

633

 

Nil

 

d)

Aggregated Price

 

Aggregated volume

 

Aggregated Total

N/A

 

e)

Date of the transaction

13 October 2021

f)

Place of the transaction

London Stock Exchange (XLON)

 

For further information, please contact:

Oxford Nanopore Technologies plc

media@nanoporetech.com

Tulchan Group (communications adviser to the Company)

Tom Murray, Olivia Peters, Deborah Roney

+44 (0) 20 7353 4200     OxfordNanopore@tulchangroup.com

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