27 Feb 2020 10:38
Horizon Discovery Group plc
Director/PDMR Shareholding - Grant of Share Options
Cambridge, UK, 27 February 2020: Horizon Discovery Group plc (LSE: HZD) ("Horizon" or "the Company"), a cell engineering company focused on commercializing the application of gene editing and gene modulation to accelerate scientific innovation and biopharmaceutical drug development, announces that the following options were granted over the Company's ordinary shares of 1 pence each ("Ordinary Shares") on 26 February 2020 to Terry Pizzie, CEO, and Jayesh Pankhania, CFO, in accordance with the Company's Long Term Incentive Plan:
Director | Number of Ordinary Shares over which options granted | Exercise price per share | Normal Vesting date |
Terry Pizzie | 42,931 | £0.01 | 26 February 2022 |
Terry Pizzie | 42,932 | £0.01 | 26 February 2023 |
Terry Pizzie | 624,594 | £1.64 | 26 February 2023 |
Jayesh Pankhania | 28,856 | £0.01 | 26 February 2022 |
Jayesh Pankhania | 28,856 | £0.01 | 26 February 2023 |
Jayesh Pankhania | 419,817 | £1.64 | 26 February 2023 |
The options granted are equivalent to 0.79% of the Company's existing issued share capital.
The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, gives further detail.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | Terry Pizzie | |
2 | Reason for the notification | ||
a) | Position/status | Chief Executive Officer - 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 |
1p | 85,863 | ||
164p | 624,594 | ||
| |||
e) | Aggregated information - Aggregated volume - Price - Aggregated total |
N/A | |
f) | Date of the transaction | 26 February 2020 | |
g) | Place of the transaction | London Stock Exchange, AIM | |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | Jayesh Pankhania | |
2 | Reason for the notification | ||
a) | Position/status | Chief Financial Officer - 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 |
1p | 57,712 | ||
164p | 419,817 | ||
| |||
e) | Aggregated information - Aggregated volume - Price - Aggregated total |
N/A | |
f) | Date of the transaction | 26 February 2020 | |
g) | Place of the transaction | London Stock Exchange, AIM | |
Ends
For further information from Horizon Discovery Group plc, please contact:
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
Numis Securities Limited (Broker and NOMAD)
Freddie Barnfield / Duncan Monteith
Tel: +44 (0) 207 260 1000
Consilium Strategic Communications (Financial Media and Investor Relations)
Mary-Jane Elliott / Matthew Neal / Melissa Gardiner
Tel: +44 (0) 20 3709 5700
Email: horizon@consilium-comms.com