28 Jan 2020 14:29
For immediate release
28 January 2020
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 28 January 2020 that on 24 January 2020 Dr Jonathan Milner, a Non-Executive Director of the Company sold, in aggregate, 1,100,000 ordinary shares of 0.2 pence each in the Company ("Ordinary Shares").
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 18,009,496 Ordinary Shares, representing approximately 8.74% of the Company's issued share capital.
The Notification of Dealing Form for this transaction is provided below. This announcement is made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014.
For further information, please contact:
Abcam Marc Perkins, Company Secretary James Staveley, VP Investor Relations
| + 44 (0) 1223 696 000 |
J.P. Morgan Cazenove - Nominated Advisor James Mitford
| + 44 (0) 20 7742 4000 |
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) |
£14.1153 | 1,100,000 | ||
e) | Aggregated information - Aggregated volume - Price |
1,100,000 £14.1153 | |
f) | Date of the transaction | 24 January 2020 | |
g) | Place of the transaction | London Stock Exchange | |