Microgen PLC Director/PDMR Shareholding (5234S)

TIDMMCGN

RNS Number : 5234S

Microgen PLC

21 December 2016

21 December 2016

MICROGEN plc (the "Company")

Director/PDMR Shareholding / Total Voting Rights

Microgen plc (LSE: MCGN), a leading provider of business critical software and services, provides notification that on 21 December 2016, following the exercise of options under the Microgen Plc Performance Share Plan 2006 ("PSP"), 196,010 new ordinary shares of 6 3/7 pence each in the Company ("Ordinary Shares") have been issued. The issued Ordinary Shares were admitted to the Official List of the UKLA and to trading on the main market of the London Stock Exchange on 25 November 2016.

Of the total number referred to above, Tom Crawford (Chief Executive Officer, Aptitude Software) exercised options over 180,000 Ordinary Shares on 21 December 2016 with an exercise price per Ordinary Share of GBP0.05. The options had an expiry date of 18 November 2023.

Following the exercise of these options Tom Crawford's overall shareholding in the Company has increased as set out below:

 
 Number of Ordinary Shares     Percentage of the issued      Number of Ordinary Shares     Percentage of the issued 
 held prior to transactions    share capital of the          held after transactions       share capital of the 
                               Company held prior to                                       Company held after 
                               transactions                                                transactions 
----------------------------  ----------------------------  ----------------------------  ---------------------------- 
 129,551                       0.219%                        309,551                       0.522% 
----------------------------  ----------------------------  ----------------------------  ---------------------------- 
 

In accordance with DTR 5.6.1, the Company also announces that, following the transactions referred to above, as at today's date, its issued share capital comprises 59,297,030 Ordinary Shares. The Company does not hold any Ordinary Shares in treasury. The voting rights of all of the Ordinary Shares are identical. Shareholders may use this figure as the denominator for the calculation by which they will determine whether they are required to notify their interest in, or a change to their interest in, Ordinary Shares in Microgen under the Disclosure Guidance and Transparency Rules of the Financial Conduct Authority.

The notification below, made pursuant to Article 19 of Regulation (EU) No 596/2014 on Market Abuse, provides further information about these transactions.

 
 1      Details of the person discharging managerial responsibilities / person closely associated 
-----  --------------------------------------------------------------------------------------------------------------- 
 (a)    Name                                                       Tom Crawford 
-----  ---------------------------------------------------------  ---------------------------------------------------- 
 2      Reason for the notification 
-----  --------------------------------------------------------------------------------------------------------------- 
 (a)    Position/Status                                            PDMR - (Chief Executive Officer, Aptitude Software) 
-----  ---------------------------------------------------------  ---------------------------------------------------- 
 (b)    Initial notification / Amendment                           Initial notification 
-----  ---------------------------------------------------------  ---------------------------------------------------- 
 3      Details of the issuer, emission allowance market participant, auction platform, auctioneer 
         or auction monitor 
-----  --------------------------------------------------------------------------------------------------------------- 
 (a)    Name                                                       Microgen Plc 
-----  ---------------------------------------------------------  ---------------------------------------------------- 
 (b)    LEI                                                        2138009VHA1WI2VKMA28 
-----  ---------------------------------------------------------  ---------------------------------------------------- 
 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           Ordinary Shares of 6 3/7 pence each 
        instrument 
 
        Identification Code                                         ISIN: GB00BVVHWX30 
-----  ---------------------------------------------------------  ---------------------------------------------------- 
 (b)    Nature of the transaction                                  Exercise of options over Ordinary Shares 
-----  ---------------------------------------------------------  ---------------------------------------------------- 
 (c)    Price(s) and volume(s)                                                     Exercise         Number of Ordinary 
                                                                                    Price            Shares over which 
                                                                                    per Ordinary     Options Exercised 
                                                                                                                 Share 
                                                                                  ---------------  ------------------- 
                                                                                              GBP0.05          180,000 
                                                                                  ---------------  ------------------- 
-----  ---------------------------------------------------------  ---------------------------------------------------- 
 (d)    Aggregated Information                                     n/a 
         - Aggregated Volume 
         - Price 
-----  ---------------------------------------------------------  ---------------------------------------------------- 
 (e)    Date of the Transaction                                    21 December 2016 
-----  ---------------------------------------------------------  ---------------------------------------------------- 
 (f)    Place of the Transaction                                   Outside a trading venue 
-----  ---------------------------------------------------------  ---------------------------------------------------- 
 Name of authorised official of issuer responsible for making      Mark Heather, Company Secretary, Microgen Plc 
 notification: 
----------------------------------------------------------------  ---------------------------------------------------- 
 

Contacts

   Mark Heather, Company Secretary                                     020-7496-8100 

This information is provided by RNS

The company news service from the London Stock Exchange

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December 21, 2016 10:51 ET (15:51 GMT)