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Director / PDMR Shareholding - SIP Purchase

11 May 2017 09:44

RNS Number : 8509E
Gattaca PLC
11 May 2017
 

11 May 2017

 

 

Gattaca plc (the 'Company')

Director / PDMR Shareholding - SIP Purchase

 

 

The Company was notified on 9 May 2017 that the following transactions took place in the relation to the Company's Share Incentive Plan ('SIP') on 8 May 2017.

The SIP is an all-employee trust arrangement under which the SIP Trustees acquires ordinary shares of 1 pence each in the Company ('Shares') using the participating employee's gross salary ('Partnership Shares') and receive allocations of matching free Shares ('Matching Shares').

The SIP Trustees purchased 566 Shares at a price of 318 pence per Share on 8 May 2017 on behalf of Keith Lewis, Chief Operating Officer. As a result, Mr Lewis's total interest in the Company increases to 387,113 Shares, being 1.24% of the Company's issued share capital.

At the same time Mr Lewis was allocated 566 Matching Shares, which will vest on the third anniversary of the date of the award subject to continued employment for those three years.

The below notifications, made in accordance with the requirements of the EU Market Abuse Regulation, gives further details of the transaction on 8 May 2017.

 

 

For further information please contact:

Gattaca plc

+44 (0) 1489 898989

Brian Wilkinson, Chief Executive Officer

Tony Dyer, Chief Financial Officer

 

Citigate Dewe Rogerson

+44 (0) 20 7638 9571

Rob Newman / Nick Hayns

 

Numis Securities Limited

+44 (0) 20 7260 1000

Michael Meade / Tom Ballard

 

 

 

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name: Keith Lewis

2.

Reason for the notification

a)

Position/status: Chief Operating Officer

b)

Initial notification/Amendment: Initial Notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name: Gattaca plc

b)

LEI: 213800LM81ZQ9V9G6866

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: Ordinary shares of 1p each.

Identification code: GB00B1FMDQ43

b)

Nature of the transaction: Purchase of 'Partnership Shares' and allocation (at nil cost) of 'Matching Shares' (subject to conditions) under the Company's SIP, held through the SIP Trustee.

c)

Price(s) and volume(s):

Price(s)

Volume(s)

£3.18

566

Nil

566

d)

Aggregated information: Not applicable

e)

Date of the transaction: 2017/05/08

f)

Place of the transaction: XLON

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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