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ABC Abcam Plc

1,226.00
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Abcam Plc LSE:ABC London Ordinary Share GB00B6774699 ORD 0.2P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1,226.00 1,240.00 1,246.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

ABCAM Plc Director/PDMR Shareholding (3750K)

21/09/2016 7:01am

UK Regulatory


Abcam (LSE:ABC)
Historical Stock Chart


From Apr 2019 to Apr 2024

Click Here for more Abcam Charts.

TIDMABC

RNS Number : 3750K

ABCAM Plc

21 September 2016

For immediate release

21 September 2016

ABCAM PLC

("Abcam" or the "Company")

Director/PDMR Shareholding Notification

Cambridge, UK: Abcam plc (AIM: ABC), a global leader in the supply of life science research tools, was notified on 19 September 2016 that on that date Dr. Jonathan Milner, a Non-Executive Director of the Company and persons closely associated with Dr. Milner, namely Dr. Milner's wife (Roza Gounaris-Milner) and The Dr J S Milner Accumulation and Maintenance Trust and The Evolution Education Trust, of each of which Dr. Milner is a trustee, carried out the following transactions in Abcam's shares:

-- The exercise of 20,361 options by Dr. Milner over 20,361 ordinary shares of 0.2 pence each in the Company ("Ordinary Shares") at an exercise price of 0.2 pence per share and the subsequent sale of the resulting Ordinary Shares at 819.7618 pence per share;

-- A transfer by Dr. Milner of 215,000 Ordinary Shares for nil consideration to The Evolution Education Trust of which he is a trustee; and

-- A sale, in aggregate of 1,310,370 Ordinary Shares held by Dr. J S Milner Accumulation and Maintenance Trust, Dr. Milner's wife (Roza Gounaris-Milner) and the Evolution Education Trust at a price of 803.88 pence per Ordinary Share

Dr. Milner intends to use the proceeds from the sale for charitable donations, private company investments and for tax and estate planning. Dr. Milner remains fully committed to the Company as an active member of the Abcam Board in his role as Deputy Chairman.

As a result of the transactions described above, Dr. Milner's total direct and indirect interest in the Company has decreased by 1,330,731 Ordinary Shares (including sale of the 20,361 Ordinary Shares resulting from the exercise of the share options referred to above) to a total of 21,994,934 Ordinary Shares, representing approximately 10.84% of the Company's issued share capital and he holds 20,361 fewer options over Ordinary Shares.

Dr. Milner's remaining direct and indirect interest in the Company is subject to a 12 month lock-up on customary terms.

The notifications for Dr. Milner and the persons closely associated with him can be found below. This announcement is made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014.

##Ends##

For further information, please contact:

 
                                      + 44 (0) 1223 
Abcam                                  696 000 
Suzanne Smith, Company Secretary 
J.P.Morgan Cazenove - Nominated       + 44 (0) 20 7742 
 Advisor & Corporate Broker            4000 
James Mitford / Christopher Cargill 
                                      + 44 (0) 20 3727 
FTI Consulting                         1000 
Ben Atwell / Brett Pollard / 
 Natalie Garland-Collins 
 
 
 1     Details of the person discharging managerial 
        responsibilities/person closely associated 
----  ---------------------------------------------------------------- 
 a)    Name                         Dr J S Milner 
----  ---------------------------  ----------------------------------- 
 2     Reason for the notification 
----  ---------------------------------------------------------------- 
 a)    Position/status              Deputy Chairman 
----  ---------------------------  ----------------------------------- 
 b)    Initial notification         Initial Notification 
        /Amendment 
----  ---------------------------  ----------------------------------- 
 3     Details of the issuer, emission allowance 
        market participant, auction platform, auctioneer 
        or auction monitor 
----  ---------------------------------------------------------------- 
 a)    Name                         Abcam plc 
----  ---------------------------  ----------------------------------- 
 b)    Legal Entity                 N/A 
        Identifier 
----  ---------------------------  ----------------------------------- 
 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                  Ordinary shares of 0.2 pence 
        of the financial             each 
        instrument, 
        type of instrument 
 
        Identification               GB00B6774699 
        code 
----  ---------------------------  ----------------------------------- 
 b)    Nature of                    Exercise of share options at 
        the transaction              an exercise price of GBP0.002 
                                     per share and sale of resulting 
                                     ordinary shares 
----  ---------------------------  ----------------------------------- 
 c)    Currency                     GBP 
----  ---------------------------  ----------------------------------- 
 d)    Price(s) and                     Price(s)          Volume(s) 
        volume(s) 
----  ---------------------------  -----------------  ---------------- 
                                    819.7618p          20,361 
 --------------------------------  -----------------  ---------------- 
 
 e)    Aggregated 
        information 
   - Aggregated                      20,361 
    volume 
   - Price                            819.7618p 
   - Aggregated                       GBP166,911.70 
    total 
 --------------------------------  ----------------------------------- 
 f)    Date of the                  19 September 2016 
        transaction 
----  ---------------------------  ----------------------------------- 
 g)    Place of the                 London Stock Exchange 
        transaction 
----  ---------------------------  ----------------------------------- 
 
 
 1     Details of the person discharging managerial 
        responsibilities/person closely associated 
----  ----------------------------------------------------------------------- 
 a)    Name                          The Dr J S Milner Accumulation 
                                      and Maintenance Trust 
----  ----------------------------  ----------------------------------------- 
 2     Reason for the notification 
----  ----------------------------------------------------------------------- 
 a)    Position/status               Person closely associated with 
                                      Dr J S Milner, Deputy Chairman 
----  ----------------------------  ----------------------------------------- 
 b)    Initial notification          Initial Notification 
        /Amendment 
----  ----------------------------  ----------------------------------------- 
 3     Details of the issuer, emission allowance 
        market participant, auction platform, auctioneer 
        or auction monitor 
----  ----------------------------------------------------------------------- 
 a)    Name                          Abcam plc 
----  ----------------------------  ----------------------------------------- 
 b)    Legal Entity                  N/A 
        Identifier 
----  ----------------------------  ----------------------------------------- 
 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                   Ordinary shares 
        of the financial 
        instrument, 
        type of instrument 
                                      GB00B6774699 
        Identification 
        code 
----  ----------------------------  ----------------------------------------- 
 b)    Nature of                     Sale by the Dr J S Milner Accumulation 
        the transaction               and Maintenance Trust 
----  ----------------------------  ----------------------------------------- 
 c)    Currency                      GBP 
----  ----------------------------  ----------------------------------------- 
 d)    Price(s) and                       Price(s)             Volume(s) 
        volume(s) 
----  ----------------------------  -------------------  -------------------- 
                                     803.88p              160,000 
 ---------------------------------  -------------------  -------------------- 
 
 e)    Aggregated 
        information 
   - Aggregated                       160,000 
    volume 
   - Price                             803.88p 
   - aggregated                        GBP1,286,208 
    total 
 ---------------------------------  ----------------------------------------- 
 f)    Date of the                   19 September 2016 
        transaction 
----  ----------------------------  ----------------------------------------- 
 g)    Place of the                  London Stock Exchange 
        transaction 
----  ----------------------------  ----------------------------------------- 
 
 
 1     Details of the person discharging managerial 
        responsibilities/person closely associated 
----  --------------------------------------------------------------------- 
 a)    Name                          Dr J S Milner 
----  ----------------------------  --------------------------------------- 
 2     Reason for the notification 
----  --------------------------------------------------------------------- 
 a)    Position/status               Deputy Chairman 
----  ----------------------------  --------------------------------------- 
 b)    Initial notification          Initial Notification 
        /Amendment 
----  ----------------------------  --------------------------------------- 
 3     Details of the issuer, emission allowance 
        market participant, auction platform, auctioneer 
        or auction monitor 
----  --------------------------------------------------------------------- 
 a)    Name                          Abcam plc 
----  ----------------------------  --------------------------------------- 
 b)    Legal Entity                  N/A 
        Identifier 
----  ----------------------------  --------------------------------------- 
 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                   Ordinary shares 
        of the financial 
        instrument, 
        type of instrument 
                                      GB00B6774699 
        Identification 
        code 
----  ----------------------------  --------------------------------------- 
 b)    Nature of                     Transfer to the Evolution Education 
        the transaction               Trust 
----  ----------------------------  --------------------------------------- 
 c)    Currency                      GBP 
----  ----------------------------  --------------------------------------- 
 d)    Price(s) and                       Price(s)            Volume(s) 
        volume(s) 
----  ----------------------------  -------------------  ------------------ 
   nil                                                    215,000 
  -----------------------------------------------------  ------------------ 
 
 e)    Aggregated 
        information                    215,000 
        - Aggregated                   Nil 
        volume                         nil 
        - Price 
        - Aggregated 
        total 
----  ----------------------------  --------------------------------------- 
 f)    Date of the                   19 September 2016 
        transaction 
----  ----------------------------  --------------------------------------- 
 g)    Place of the                  London Stock Exchange 
        transaction 
----  ----------------------------  --------------------------------------- 
 
 
 1     Details of the person discharging managerial 
        responsibilities/person closely associated 
----  ---------------------------------------------------------------- 
 a)    Name                          The Evolution Education Trust 
----  ----------------------------  ---------------------------------- 
 2     Reason for the notification 
----  ---------------------------------------------------------------- 
 a)    Position/status               Person closely associated with 
                                      Dr J S Milner, Deputy Chairman 
----  ----------------------------  ---------------------------------- 
 b)    Initial notification          Initial Notification 
        /Amendment 
----  ----------------------------  ---------------------------------- 
 3     Details of the issuer, emission allowance 
        market participant, auction platform, auctioneer 
        or auction monitor 
----  ---------------------------------------------------------------- 
 a)    Name                          Abcam plc 
----  ----------------------------  ---------------------------------- 
 b)    Legal Entity                  N/A 
        Identifier 
----  ----------------------------  ---------------------------------- 
 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                   Ordinary shares 
        of the financial 
        instrument, 
        type of instrument 
                                      GB00B6774699 
        Identification 
        code 
----  ----------------------------  ---------------------------------- 
 b)    Nature of                     Sale by the Evolution Education 
        the transaction               Trust 
----  ----------------------------  ---------------------------------- 
 c)    Currency                      GBP 
----  ----------------------------  ---------------------------------- 
 d)    Price(s) and                     Price(s)          Volume(s) 
        volume(s) 
----  ----------------------------  ----------------  ---------------- 
                                     803.88p           150,000 
 ---------------------------------  ----------------  ---------------- 
 
 e)    Aggregated 
        information 
   - Aggregated                       150,000 
    volume 
   - Price                             803.88p 
   - Aggregated                        GBP1,205,820 
    total 
 ---------------------------------  ---------------------------------- 
 f)    Date of the                   19 September 2016 
        transaction 
----  ----------------------------  ---------------------------------- 
 g)    Place of the                  London Stock Exchange 
        transaction 
----  ----------------------------  ---------------------------------- 
 
 
 1     Details of the person discharging managerial 
        responsibilities/person closely associated 
----  -------------------------------------------------------------- 
 a)    Name                          Roza Gounaris-Milner 
----  ----------------------------  -------------------------------- 
 2     Reason for the notification 
----  -------------------------------------------------------------- 
 a)    Position/status               Wife of Dr J S Milner (Deputy 
                                      Chairman) 
----  ----------------------------  -------------------------------- 
 b)    Initial notification          Initial Notification 
        /Amendment 
----  ----------------------------  -------------------------------- 
 3     Details of the issuer, emission allowance 
        market participant, auction platform, auctioneer 
        or auction monitor 
----  -------------------------------------------------------------- 
 a)    Name                          Abcam plc 
----  ----------------------------  -------------------------------- 
 b)    Legal Entity                  N/A 
        Identifier 
----  ----------------------------  -------------------------------- 
 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                   Ordinary shares 
        of the financial 
        instrument, 
        type of instrument 
                                      GB00B6774699 
        Identification 
        code 
----  ----------------------------  -------------------------------- 
 b)    Nature of                     Sale 
        the transaction 
----  ----------------------------  -------------------------------- 
 c)    Currency                      GBP 
----  ----------------------------  -------------------------------- 
 d)    Price(s) and                     Price(s)        Volume(s) 
        volume(s) 
----  ----------------------------  ---------------  --------------- 
                                     803.88p          1,000,370 
 ---------------------------------  ---------------  --------------- 
 
 e)    Aggregated 
        information 
   - Aggregated                       1,000,370 
    volume 
   - Price                             803.88p 
   - Aggregated                        GBP8,041,774.36 
    total 
 ---------------------------------  -------------------------------- 
 f)    Date of the                   19 September 2016 
        transaction 
----  ----------------------------  -------------------------------- 
 g)    Place of the                  London Stock Exchange 
        transaction 
----  ----------------------------  -------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHQBLFLQKFLBBQ

(END) Dow Jones Newswires

September 21, 2016 02:01 ET (06:01 GMT)

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