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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Oxford Biomedica Plc | LSE:OXB | London | Ordinary Share | GB00BDFBVT43 | ORD 50P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
10.50 | 3.80% | 287.00 | 285.50 | 289.00 | 289.00 | 268.50 | 280.00 | 653,665 | 16:35:12 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Medicinal Chems,botanicl Pds | 139.99M | -45.16M | -0.4676 | -6.18 | 279.12M |
TIDMOXB
RNS Number : 4495H
Oxford Biomedica PLC
03 August 2021
Long Term Incentive Plan Option Grant
London, UK - 03 August 2021: Oxford Biomedica plc ("Oxford Biomedica" or the "Company") (LSE:OXB), a leading gene and cell therapy Group announces that on 02 August 2021 nil-cost share options over shares of 50 pence each in the Company were granted to Matthew Treagus, who has joined the Senior Executive Team as Chief Information Officer, under the Oxford Biomedica 2015 Long Term Incentive Plan ("LTIP").
Name of individual Title Number of Total shares Percentage of issued shares subject over which share capital under LTIP grant options are option held Chief Information Matthew Treagus Officer 12,597 12,597 0.02% ------------------- ---------------- ------------- ---------------------
The LTIP awards are subject to a three year performance period and become exercisable from the third anniversary of the grant date, subject to the satisfaction of a performance condition.
As set out in the 2020 Directors' Remuneration Report, the performance condition is based on TSR (40% of the award, assessed over the three years from grant); revenue growth (40% of the award, assessed over financial years 2021, 2022 and 2023) and strategic milestones (20% of the award). Details of the measures are included in the 2020 Directors' Remuneration Report, other than as regards the strategic milestones, which are commercially sensitive and will be disclosed in due course.
The Notification of Dealing Forms set out below are provided in accordance with the requirements of the EU Market Abuse Regulation.
Notification of Dealing Form
1. Details of the Person Discharging Managerial Responsibility ("PDMR")/person closely associated with them ("PCA") a) Name Matthew Treagus ------------------------- ----------------------------------------- 2. Reason for the notification -------------------------------------------------------------------- a) Position/status Chief Information Officer ------------------------- ----------------------------------------- b) Initial notification/ Initial Notification amendment ------------------------- ----------------------------------------- 3. Details of the Issuer -------------------------------------------------------------------- a) Name Oxford Biomedica plc ------------------------- ----------------------------------------- b) LEI code 213800S1GVQNXQ15K851 ------------------------- ----------------------------------------- 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 Ordinary Shares of 50 pence each the financial ISIN: GB00BDFBVT43 instrument Identification code ------------------------- ----------------------------------------- b) Nature of the Grant of awards over Ordinary Shares transaction under the Company's Long Term Incentive Plan Plan. No consideration was paid for the grant of awards. ------------------------- ----------------------------------------- c) Price(s) and volumes(s) LTIP Award Price Volume Nil cost award 12,597 ------- ------------------------- ----------------------------------------- d) Aggregated information Awards granted over 12,597 shares in - Aggregate volume total - Price N/A ------------------------- ----------------------------------------- e) Date of the transaction 08-02-2021 ------------------------- ----------------------------------------- f) Place of the transaction Outside of trading venue ------------------------- -----------------------------------------
-Ends-
For further information, please contact: Oxford Biomedica plc: Tel: +44 (0)1865 783 000 Natalie Walter, Company Secretary
About Oxford Biomedica
Oxford Biomedica (LSE:OXB) is a leading, fully integrated, gene and cell therapy group focused on developing life changing treatments for serious diseases. Oxford Biomedica and its subsidiaries (the "Group") have built a sector leading lentiviral vector delivery platform (LentiVector(R) ), which the Group leverages to develop in vivo and ex vivo products both in-house and with partners. The Group has created a valuable proprietary portfolio of gene and cell therapy product candidates in the areas of oncology, ophthalmology, CNS disorders, liver diseases and respiratory disease. The Group has also entered into a number of partnerships, including with Novartis, Bristol Myers Squibb, Sio Gene Therapies, Orchard Therapeutics, Santen, Beam Therapeutics, Boehringer Ingelheim, the UK Cystic Fibrosis Gene Therapy Consortium and Imperial Innovations, through which it has long-term economic interests in other potential gene and cell therapy products. Additionally the group has signed a three year master supply and development agreement with AstraZeneca for large-scale manufacturing of the adenoviral based COVID-19 vaccine candidate, AZD1222. Oxford Biomedica is based across several locations in Oxfordshire, UK and employs more than 670 people. Further information is available at www.oxb.com
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August 03, 2021 09:20 ET (13:20 GMT)
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