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Share Incentive Plan

3 Dec 2010 07:00

RNS Number : 3229X
ABCAM Plc
03 December 2010
 



For immediate release

3 December 2010

ABCAM PLC

("Abcam" or "the Company")

Director/PDMR Dealings: Share Incentive Plan

Cambridge, UK: Abcam plc (AIM: ABC), the rapidly growing bioscience company that markets antibodies via its own online catalogue, announces that on 2 December 2010 the Company was notified of the following transactions under the Abcam plc Share Incentive Plan ("the SIP") to the benefit of the Executive Directors and PDMRs:

Name

Free Shares awarded on 2 December 2010 at 345 pence per share

Jonathan Milner

869

Jim Warwick

869

Jeff Iliffe

869

Mark Bushfield

869

Jane Cooke

869

Philippe Cotrel

869

Ed Ralph

869

 

The price per ordinary share was determined with reference to the closing share price on 1 December 2010.

The risk of forfeiture attached to these Free Shares will normally be removed on the third anniversary of the award subject to continued employment.

No consideration was paid by the above grantees for the award of the Free Shares and no consideration is due on the release of these Free Shares.

For further information please contact:

Abcam

+ 44 (0) 1223 696000

Jonathan Milner, Chief Executive Officer

Jeffrey Iliffe, Chief Financial Officer

Numis Securities

+ 44 (0) 20 7260 1000

Michael Meade / Nick Westlake - Nominated Adviser

James Black - Corporate Broking

Buchanan Communications

+ 44 (0) 20 7466 5000

Mark Court / Jessica Fontaine

 

 

Notes for editors:

About Abcam plc

Abcam is a producer and distributor of research-grade antibodies and related products, headquartered in Cambridge, United Kingdom, with US offices in Cambridge, Massachusetts, and San Francisco, California, and Far East offices in 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 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 products are sold under the Abcam brand name and the Company's vision is to build the world's largest online resource of high-quality and commercially viable antibodies. Abcam now has an online catalogue of over 68,000 products, most of which are antibodies, from over 250 suppliers and employs 270 staff.

This information is provided by RNS
The company news service from the London Stock Exchange
 
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