Source - LSE Regulatory
RNS Number : 6984Z
Oxford BioDynamics PLC
26 January 2022
 

26 January 2022                                       

 

Oxford BioDynamics Plc

("OBD" or the "Company" and, together with its subsidiaries, the "Group")

 

PDMR Dealing

 

Oxford BioDynamics Plc (AIM: OBD) announces that it has received notice that Non-Executive Chairman Matthew Wakefield and Chief Financial Officer, Paul Stockdale, have purchased Ordinary Shares of 1 pence each ("shares") as follows:

 

Name

Number of shares purchased

Average price per share

Matthew Wakefield

75,000

28.6p

Paul Stockdale

35,000

27.2p

 

Following these transactions, Matthew Wakefield and Paul Stockdale are respectively interested in the Ordinary Shares of the Company as follows:

 

Name

Number of Ordinary shares held

% of issued share capital

Matthew Wakefield

575,000

0.57

Paul Stockdale

70,000

0.07

The notifications below, made in accordance with the requirements of UK Market Abuse Regulation, provide further details:

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Matthew Wakefield

2

Reason for the notification

a)

Position/status 

Director/PDMR

b)

Initial notification/ Amendment 

Initial notification

3

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

a)

Name

Oxford BioDynamics Plc 

b)

LEI

2138005Y1TK258O5U928

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 of 1 pence each

 

ISIN:   GB00BD5H8572

b)

Nature of the transaction

Acquisition of ordinary shares

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

0.2934

50,000

0.2700

25,000

 

 

d)

Aggregated information

- Aggregated volume

- Price

 

 

Price

Volume

0.286

75,000

 

 

e)

Dates of the transactions

25 January 2022

f)

Place of the transaction

London Stock Exchange (XLON)

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Paul Stockdale

2

Reason for the notification

a)

Position/status 

Director/PDMR

b)

Initial notification/ Amendment 

Initial notification

3

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

a)

Name

Oxford BioDynamics Plc 

b)

LEI

2138005Y1TK258O5U928

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 of 1 pence each

 

ISIN:   GB00BD5H8572

b)

Nature of the transaction

Acquisition of ordinary shares

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

0.272

35,000

 

 

d)

Aggregated information

- Aggregated volume

- Price

 

 

Price

Volume

0.272

35,000

 

 

e)

Dates of the transactions

26 January 2022

f)

Place of the transaction

London Stock Exchange (XLON)

 

 

For more information:

 

Oxford BioDynamics Plc

Tel: +44 (0)1865 518910

Jon Burrows, CEO

Paul Stockdale, CFO

 

 

 

Shore Capital - Nominated Adviser and Broker

Tel: +44 (0)20 7408 4090

Advisory: Stephane Auton / John More

Broking: Fiona Conroy

 

 

 

Instinctif Partners - Financial PR

Tel: +44 (0)20 7457 2020

Melanie Toyne-Sewell / Nathan Billis

OxfordBioDynamics@instinctif.com

 

 

Notes for Editors

 

About Oxford BioDynamics Plc

Oxford BioDynamics Plc (AIM: OBD) is a global biotechnology company, advancing personalized healthcare by developing and commercializing precision medicine tests for life-changing diseases.

In March 2021, the Company launched its first commercial prognostic test, EpiSwitch® CST (Covid Severity Test) and the first commercially available microarray kit for high-resolution 3D genome profiling and biomarker discovery, EpiSwitch® Explorer Array Kit. Its next product will be EpiSwitch® CiRT (Checkpoint Inhibitor Response Test) for cancer, a predictive immune response profile for immuno-oncology (IO) checkpoint inhibitor treatments, to be launched in 2022.

The Company has developed a proprietary 3D genomic biomarker platform, EpiSwitch®, which can build molecular diagnostic classifiers for prediction of response to therapy, patient prognosis, disease diagnosis and subtyping, and residual disease monitoring in a wide range of indications.

Oxford BioDynamics has participated in more than 40 partnerships with big pharma and leading institutions including Pfizer, EMD Serono, Genentech, Roche, Biogen, Mayo Clinic, Massachusetts General Hospital and Mitsubishi Tanabe Pharma.

The Company has created a valuable technology portfolio, including biomarker arrays, molecular diagnostic tests, bioinformatic tools for 3D genomics and an expertly curated 3D genome knowledgebase comprising hundreds of millions of data points from over 10,000 samples in more than 30 human diseases.

OBD is headquartered in Oxford, UK and is listed on AIM of the London Stock Exchange. It also has a commercial office in Gaithersburg, MD, USA and a reference laboratory in Penang, Malaysia.

For more information, please visit the Company's website, www.oxfordbiodynamics.com, or follow on Twitter or LinkedIn.

 

 

 

About EpiSwitch®

The 3D configuration of the genome plays a crucial role in gene regulation. By mapping this architecture and identifying abnormal configurations, EpiSwitch® can be used to diagnose patients or determine how individuals might respond to a disease or treatment.

Built on over 10 years of research, EpiSwitch® is Oxford Biodynamics' award-winning, proprietary platform that enables screening, evaluation, validation and monitoring of 3D genomic biomarkers. The technology is fully developed, based on testing of over 10,000 samples in 30 disease areas, and reduced to practice.

In addition to stratifying patients with respect to anticipated clinical outcome, EpiSwitch® data offer insights into systems biology and the physiological manifestation of disease that are beyond the scope of other molecular modalities. The technology has performed well in academic medical research settings and has been validated through its integration in biomarker discovery and clinical development with big pharma.


 

 

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