13 May 2016 07:00
FOR RELEASE ON 13 MAY 2016
Allied Minds plc (the "Company" or the "Group")
Director / PDMR Shareholding
Allied Minds plc (LSE: ALM), an innovative U.S.-focused science and technology development and commercialisation company, announces that it received notification from Marc Eichenberger, Chief Operating Officer, a person discharging managerial responsibility ("PDMR"), regarding the sale of the Company's ordinary shares of one pence each ("Ordinary Shares").
The Company was notified that, on 09 May 2016, Mr. Eichenberger sold 37,980 Ordinary Shares at a price of 344.6083 pence per share, and on 10 May 2016, Mr. Eichenberger sold 11,262 Ordinary Shares at a price of 335.4364 pence per share.
As a result of the above transactions, Mr. Eichenberger's total remaining interests in the Company's Ordinary Shares are the following: (i) 1,566,724 Ordinary Shares, (ii) 3,105,498 options over Ordinary Shares issued under the Allied Minds 2008 Stock Option/Issuance Plan, and (iii) 1,044,264 Restricted Share Units issued under the Allied Minds 2014 Long Term Incentive Plan.
This announcement relates to transactions notified in accordance with Disclosure and Transparency Rule ("DTR") 3.1.2R and is given in fulfilment of the obligation under DTR 3.1.4(1)(a).
About Allied Minds
Allied Minds (LSE: ALM) is an innovative U.S. science and technology development and commercialisation company. Operating since 2006, Allied Minds forms, funds, manages and builds products and businesses based on innovative technologies developed at leading U.S. universities and federal research institutions. Allied Minds serves as a diversified holding company that supports its businesses and product development with capital, central management and shared services. More information about the Boston-based company can be found at www.alliedminds.com.
For further information, please contact:
Allied Minds plc | +1 617 419 1800 |
Michael S. Turner, Company Secretary | www.alliedminds.com |
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Citigate Dewe Rogerson | +44 20 7638 9571 |
Patrick Donovan/Rob Newman | alliedminds@citigatedr.co.uk |
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