6 Nov 2017 16:48
For immediate release
6 November 2017
ABCAM PLC
("Abcam" or the "Company")
Director/PDMR Shareholding Notification
Cambridge, UK: Abcam plc (AIM: ABC), a global leader in the supply of life science research tools, on 3 November 2017 granted share awards in the form of nil cost options or conditional shares ("Awards") to the following Directors/PDMRs under the Abcam plc Long Term Incentive Plan ("LTIP"):
PDMR | Number of 0.2 pence Ordinary Shares subject to the Awards
|
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Alan Hirzel Chief Executive Officer
| 60,294* |
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Gavin Wood Chief Financial Officer
| 30,147 |
|
Suzanne Smith Chief Legal Officer and Company Secretary | 10,100 |
|
* The award made to Alan Hirzel is in the form of conditional shares which will be transferred following vesting.
The Awards will vest in three years' time subject to continued employment and satisfaction of performance conditions. The performance conditions are split 70% on the growth in earnings per share and 30% on strategic KPIs, as detailed in the Company's annual report.
Additional post-vesting holding periods of 3 years and 2 years will apply to the Awards for Alan Hirzel and Gavin Wood respectively.
The notifications for these Awards can be found below. This announcement is made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014.
For further information, please contact:
Abcam | + 44 (0) 1223 696 000 |
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Suzanne Smith, Company Secretary
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J.P.Morgan Cazenove - Nominated Advisor & Corporate Broker | + 44 (0) 20 7742 4000 |
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James Mitford / Candelle Chong |
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FTI Consulting | + 44 (0) 20 3727 1000 |
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Ben Atwell / Brett Pollard / Natalie Garland-Collins |
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1 | Details of the person discharging managerial responsibilities/person closely associated | ||||
a) | Name | Mr Alan Hirzel | |||
2 | Reason for the notification | ||||
a) | Position/status | Chief Executive Officer | |||
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 of 0.2 pence each
GB00B6774699 | |||
b) | Nature of the transaction | Grant of conditional shares under the Abcam plc Long Term Incentive Plan ("LTIP"): | |||
c) | Currency | GBP | |||
d) | Price(s) and volume(s) | Price(s) | Volume(s) | ||
Nil | 60,294 | ||||
e) | Aggregated information - Aggregated volume - Price - Aggregated total |
60,294 Nil Nil | |||
f) | Date of the transaction | 3 November 2017 | |||
g) | Place of the transaction | London Stock Exchange, AIM | |||
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1 | Details of the person discharging managerial responsibilities/person closely associated | ||||
a) | Name | Mr Gavin Wood | |||
2 | Reason for the notification | ||||
a) | Position/status | Chief Financial Officer | |||
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 of 0.2 pence each
GB00B6774699 | |||
b) | Nature of the transaction | Grant of nil cost options under the Abcam plc Long Term Incentive Plan ("LTIP"): | |||
c) | Currency | GBP | |||
d) | Price(s) and volume(s) | Price(s) | Volume(s) | ||
0.2p | 30,147 | ||||
e) | Aggregated information - Aggregated volume - Price - Aggregated total |
30,147 0.2 pence per share £60.29 | |||
f) | Date of the transaction | 3 November 2017 | |||
g) | Place of the transaction | London Stock Exchange, AIM | |||
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | Mrs Suzanne Smith | |
2 | Reason for the notification | ||
a) | Position/status | Chief Legal Officer and Company Secretary | |
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 of 0.2 pence each
GB00B6774699 | |
b) | Nature of the transaction | Grant of nil cost options under the Abcam plc Long Term Incentive Plan ("LTIP"): | |
c) | Currency | GBP | |
d) | Price(s) and volume(s) | Price(s) | Volume(s) |
0.2p | 10,100 | ||
e) | Aggregated information - Aggregated volume - Price - Aggregated total |
10,100 0.2 pence per share £20.20 | |
f) | Date of the transaction | 3 November 2017 | |
g) | Place of the transaction | London Stock Exchange, AIM | |