18 Jun 2020 13:00
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Horizon Discovery Group plc
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Director/PDMR Shareholding - Grant of Share Options
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Cambridge, UK, 18 June 2020:Â Horizon Discovery Group plc (LSE: HZD) ("Horizon", "the Group" or "the Company"), a cell engineering company focused on commercialising the application of gene editing and gene modulation, announces that the following options were granted over the Company's ordinary shares of 1 pence each ("Ordinary Shares") on 18 June to Dr Siddartha Kadia.
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Director | Number of Ordinary Shares over which options granted | Exercise price per share | Normal Vesting date - phased over three years |
Dr Siddhartha Kadia | 150,000 | £1.03 | 50,000 on 18 June 2021 50,000 on 18 June 2022 50,000 on 18 June 2023 |
The options granted are equivalent to 0.1%Â of the Company's existing issued share capital.Â
The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, gives further detail.
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Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
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1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | Dr Siddartha Kadia | |
2 | Reason for the notification | ||
a) | Position/status | Non-Executive Director | |
b) | Initial notification /Amendment | Initial Notification | |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
a) | Name | Horizon Discovery Group plc | |
b) | Legal Entity Identifier | 213800L812B9NI5M3G89 | |
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 | Options over ordinary shares of 1.0 pence each  GB00BK8FL363 | |
b) | Nature of the transaction | Grant of options to acquire ordinary shares under the Company's Long-Term Incentive Plan | |
c) | Currency | GBP | |
d) | Price(s) and volume(s) | Price | Volume |
103p | 150,000 | ||
 | |||
e) | Aggregated information - Aggregated volume - Price - Aggregated total | Â N/A | |
f) | Date of the transaction | 18 June 2020 | |
g) | Place of the transaction | London Stock Exchange, AIM |
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Ends
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For further information from Horizon Discovery Group plc, please contact:
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Horizon Discovery Group plc
Terry Pizzie, Chief Executive Officer
Jayesh Pankhania, Chief Financial Officer
Jon Davies, Head of Investor Relations
Tel: +44 (0) 1223 655 580
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Numis Securities Limited (Broker and NOMAD)
Freddie Barnfield / Duncan Monteith
Tel: +44 (0) 207 260 1000
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Consilium Strategic Communications (Financial Media and UK Investor Relations)
Mary-Jane Elliott / Matthew Neal / Melissa Gardiner
Tel: +44 (0) 20 3709 5700
Email:Â horizon@consilium-comms.com
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Westwicke, an ICR Company (US Investor Relations)
Stephanie Carrington
Tel. +1 646-277-1282
Email:Â horizondiscovery@icrinc.com
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