2 Oct 2019 13:49
For immediate release | 2 October 2019 |
ABCAM PLC
Director/PDMR Shareholding Notification
Cambridge, UK: Abcam (AIM: ABC, "Abcam" or the "Company"), a global leader in the supply of life science research tools, was notified on 30 September 2019 that on 30 September 2019 Dr Jonathan Milner, a Non-Executive Director of the Company and persons closely associated with Dr Milner sold, in aggregate, 636,363 ordinary shares of 0.2 pence each in the Company ("Ordinary Shares"). In addition, the Company was notified that 170,000 Ordinary Shares have been transferred by Dr Milner to The Evolution Education Trust, of which he is a trustee.
These transactions are for tax and estate planning. Dr Milner continues to remain committed to the Company as a member of Abcam's board in his role as Deputy Chairman.
As a result of the transactions described above, Dr Milner's total direct and indirect interest in the Company has decreased to a total of 19,297,286 Ordinary Shares, representing approximately 9.38% of the Company's issued share capital.
The Notification of Dealing Forms for each of these transactions are provided below. This announcement is made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014.
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | Dr Jonathan S Milner | |
2 | Reason for the notification | ||
a) | Position/status | Deputy Chairman | |
b) | Initial notification /Amendment | Initial Notification | |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
a) | Name | Abcam plc | |
b) | Legal Entity Identifier | 213800B9N83DSNT33F79 | |
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 GB00B6774699 | |
b) | Nature of the transaction | Sale by Dr Jonathan S Milner | |
c) | Currency | GBP - British Pound | |
d) | Price(s) and volume(s) | Price(s) | Volume(s) |
£11.4702 | 466,363 | ||
e) | Aggregated information - Aggregated volume - Price - Aggregated total |
466,363 £11.4702 £5,349,276.88 | |
f) | Date of the transaction | 30 September 2019 | |
g) | Place of the transaction | London Stock Exchange | |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | Dr Jonathan S Milner | |
2 | Reason for the notification | ||
a) | Position/status | Deputy Chairman | |
b) | Initial notification /Amendment | Initial Notification | |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
a) | Name | Abcam plc | |
b) | Legal Entity Identifier | 213800B9N83DSNT33F79 | |
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 GB00B6774699 | |
b) | Nature of the transaction | Gift from Dr Jonathan S Milner to Evolution Education Trust | |
c) | Currency | GBP - British Pound | |
d) | Price(s) and volume(s) | Price(s) | Volume(s) |
£0.00 | 170,000 | ||
e) | Aggregated information - Aggregated volume - Price - Aggregated total |
170,000 £0.00 £0.00 | |
f) | Date of the transaction | 30 September 2019 | |
g) | Place of the transaction | Outside a trading venue | |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | Evolution Education Trust | |
2 | Reason for the notification | ||
a) | Position/status | Person closely associated with Dr Jonathan S Milner, Deputy Chairman | |
b) | Initial notification /Amendment | Initial Notification | |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
a) | Name | Abcam plc | |
b) | Legal Entity Identifier | 213800B9N83DSNT33F79 | |
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 GB00B6774699 | |
b) | Nature of the transaction | Gift from Dr Jonathan S Milner to Evolution Education Trust | |
c) | Currency | GBP - British Pound | |
d) | Price(s) and volume(s) | Price(s) | Volume(s) |
£0.00 | 170,000 | ||
e) | Aggregated information - Aggregated volume - Price - Aggregated total |
170,000 £0.00 £0.00 | |
f) | Date of the transaction | 30 September 2019 | |
g) | Place of the transaction | Outside a trading venue | |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | Evolution Education Trust | |
2 | Reason for the notification | ||
a) | Position/status | Person closely associated with Dr Jonathan S Milner, Deputy Chairman | |
b) | Initial notification /Amendment | Initial Notification | |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
a) | Name | Abcam plc | |
b) | Legal Entity Identifier | 213800B9N83DSNT33F79 | |
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 GB00B6774699 | |
b) | Nature of the transaction | Sale by the Evolution Education Trust | |
c) | Currency | GBP - British Pound | |
d) | Price(s) and volume(s) | Price(s) | Volume(s) |
£11.4702 | 170,000 | ||
e) | Aggregated information - Aggregated volume - Price - Aggregated total |
170,000 £11.4702 £1,949,934 | |
f) | Date of the transaction | 30 September 2019 | |
g) | Place of the transaction | London Stock Exchange | |