Last checked at 5 Mar 2018 18:38
5 March 2018
Genus plc
Director/PDMR Shareholding
Genus plc (LSE: GNS) announces the following Director/PDMR Shareholding transactions:
· Jonathan Lightner, Chief Scientific Officer & Head of Genus R&D, sold 2,969 ordinary shares in the Company on 1 March 2018 on the London Stock Exchange at a price of 2,200 pence per share;
· Further to the vesting of contingent rights over ordinary shares in Genus on 28 February 2018 under an individual restricted stock award agreement (the 'RSA'), Dr. Nate Zwald, a member of the Genus Executive Leadership Team ('GELT'), sold ordinary shares in Genus on 2 March 2018, on the London Stock Exchange to offset income tax and social security liabilities due on the exercise, and retained the balance of ordinary shares; and
· Further to the vesting of conditional nil-cost options on 20 November 2017 under the Genus Deferred Share Bonus Plan (the 'DSBP') and the Genus 2014 Performance Share Plan (the 'PSP'), Bill Christianson, a member of GELT, sold ordinary shares in Genus on 2 March 2018 and 5 March 2018 respectively, on the London Stock Exchange to offset income tax and social security liabilities due on the exercises, and retained the balance of ordinary shares.
The below notifications, made in accordance with the requirements of the EU Market Abuse Regulation, give further detail of the number of nil-cost options and contingent rights exercised and ordinary shares sold.
For further information please contact:
Genus:
Cara Crichton, Deputy Company Secretary Tel: +44 (0)1256 347100
Table A - GELT Private Share Sale
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a. | Name | Jonathan Lightner | ||||
2. | Reason for the notification | |||||
a. | Position/status | Chief Scientific Officer & Head of Genus R&D | ||||
b. | Initial notification /Amendment
| Initial notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a. | Name | Genus plc | ||||
b. | LEI | 54930022EOITNKSIGH56 | ||||
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 10p each
GB0002074580 | ||||
b. | Nature of the transaction | Sale of 2,969 ordinary shares. | ||||
c. | Price(s) and volume(s) |
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d. | Aggregated information · Aggregated volume · Price
|
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e. | Date of the transaction | 2018-03-01 | ||||
f. | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||
Table B - GELT Restricted Stock Award Exercise
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a. | Name | Dr. Nate Zwald | ||||
2. | Reason for the notification | |||||
a. | Position/status | Chief Operating Officer, Genus ABS Dairy | ||||
b. | Initial notification /Amendment | Initial notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a. | Name | Genus plc | ||||
b. | LEI | 54930022EOITNKSIGH56 | ||||
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 10p each
GB0002074580 | ||||
b. | Nature of the transaction | Exercise of 3,613 contingent rights under the RSA.
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c. | Price(s) and volume(s) |
| ||||
d. | Aggregated information · Aggregated volume · Price
|
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e. | Date of the transaction | 2018-03-02 | ||||
f. | Place of the transaction | Outside a trading venue.
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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. a. | Description of the Financial instrument, type of instrument Identification code | Ordinary shares of 10p each
GB0002074580 | ||||
b. b. | Nature of the transaction | Sale of 1,352 shares arising from the exercise of contingent rights under the RSA to offset income tax and social security liabilities due on the exercise. | ||||
c. c. | Price(s) and volume(s) |
| ||||
d. d. | Aggregated information · Aggregated volume · Price
|
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e. | Date of the transaction | 2018-03-02 | ||||
f. | Place of the transaction | London Stock Exchange, Main Market (XLON)
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Table C - GELT Deferred Share Bonus Plan Exercise
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a. | Name | Bill Christianson | ||||
2. | Reason for the notification | |||||
a. | Position/status | Chief Operating Officer, Genus PIC | ||||
b. | Initial notification /Amendment | Initial notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a. | Name | Genus plc | ||||
b. | LEI | 54930022EOITNKSIGH56 | ||||
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 10p each
GB0002074580 | ||||
b. | Nature of the transaction | Exercise of 1,515 nil-cost options under the DSBP.
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c. | Price(s) and volume(s) |
| ||||
d. | Aggregated information · Aggregated volume · Price
|
| ||||
e. | Date of the transaction | 2018-03-02 | ||||
f. | Place of the transaction | Outside a trading venue.
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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 | |||||
e. a. | Description of the Financial instrument, type of instrument Identification code | Ordinary shares of 10p each
GB0002074580 | ||||
f. b. | Nature of the transaction | Sale of 608 shares arising from the exercise of nil-cost options under the DSBP to offset income tax and social security liabilities due on the exercise. | ||||
g. c. | Price(s) and volume(s) |
| ||||
h. d. | Aggregated information · Aggregated volume · Price
|
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e. | Date of the transaction | 2018-03-02 | ||||
f. | Place of the transaction | London Stock Exchange, Main Market (XLON)
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Table D - GELT 2014 Performance Share Plan Exercise
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||||
a. | Name | Bill Christianson | ||||||
2. | Reason for the notification | |||||||
a. | Position/status | Chief Operating Officer, Genus PIC | ||||||
b. | Initial notification /Amendment | Initial notification | ||||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a. | Name | Genus plc | ||||||
b. | LEI | 54930022EOITNKSIGH56 | ||||||
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 10p each
GB0002074580 | ||||||
b. | Nature of the transaction | Exercise of 21,827 nil-cost options under the PSP.
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c. | Price(s) and volume(s) |
| ||||||
d. | Aggregated information · Aggregated volume · Price
|
| ||||||
e. | Date of the transaction | 2018-03-05 | ||||||
f. | Place of the transaction | Outside a trading venue. | ||||||
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 10p each
GB0002074580 | ||||||
b. | Nature of the transaction | Sale of 8,758 shares arising from the exercise of nil-cost options under the PSP to offset income tax and social security liabilities due on the exercise. | ||||||
c. | Price(s) and volume(s) |
| ||||||
d. | Aggregated information · Aggregated volume · Price
|
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e. | Date of the transaction | 2018-03-05 | ||||||
f. | Place of the transaction | London Stock Exchange, Main Market (XLON)
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