ABC.L Regulatory News (ABC)

ABCAM PLC

("Abcam" or "the Company")

PDMR Dealings

Cambridge, UK: Abcam plc (AIM: ABC), the rapidly growing bioscience company that markets antibodies via its own online catalogue, has today been notified of the following transactions under the Abcam plc Share Incentive Plan ("the SIP") to the benefit of the PDMRs:

The risk of forfeiture attached to the Matching Shares will normally be removed on the third anniversary of the award subject to continued employment and the retention of the Partnership Shares in connection with which they were awarded. No consideration was paid by the above grantees for the award of the Matching Shares and no consideration is due on their release.

The Company has also been notified that on 29 March 2010, Jane Cooke, a PDMR of the Company, exercised share options over 5654 ordinary shares of 1 pence each in the Company at an exercise price of 280p per share. Following this transaction, Mrs Cooke's total beneficial interest in the Company is 9551 ordinary shares representing approximately 0.03 per cent. of the current issued share capital of the Company. 

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About Abcam plc

Abcam is a producer and distributor of research-grade antibodies headquartered in Cambridge, United Kingdom, with subsidiaries in Cambridge, Massachusetts, Tokyo and Hong Kong. Abcam was admitted to AIM in November 2005 and trades under the ticker symbol ABC. The Company produces and distributes its own and third-party produced antibodies and related products to academic and commercial users throughout the world. Product ordering is available through the Company's website www.abcam.com, where customers are also able to access up-to-date and detailed technical product data sheets. All the antibodies are sold under the Abcam brand name. Abcam's mission is to develop the largest catalogue of the best antibodies in the world, with the vision of becoming a global leader in the wider protein detection and regulation markets. Abcam now has a rapidly growing online catalogue and as at 31 December 2009 it contained 57,960 products, most of which are antibodies, from over 250 suppliers. Abcam employs 250 staff in its four operating companies.