13 Jun 2016 17:18
FOR RELEASE ON 13 JUNE 2016
Allied Minds plc (the "Company" or the "Group")
Director / PDMR Shareholding
Allied Minds plc (LSE: ALM), a diversified holding company focused on venture creation within the life science and technology sectors, 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 07 June 2016, Mr. Eichenberger sold 100,000 Ordinary Shares at a price of 338.0 pence per share, and on 10 June 2016, Mr. Eichenberger sold 84,506 Ordinary Shares at a price of 351.2202 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) 1,382,218 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 a diversified holding company focused on venture creation within the life science and technology sectors. With unparalleled access to hundreds of university and federal labs across the U.S., Allied Minds forms, funds, and operates a portfolio of companies to generate long-term value for its investors and stakeholders. Based in Boston, with offices in Los Angeles and New York, Allied Minds supports its businesses with capital, central management, and shared services. For more information, please visit www.alliedminds.com.
For further information, please contact:
Allied Minds plc +1 (617) 419-1800
Michael S. Turner, Company Secretary