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On January 13, 2025, Solium Trustee (UK) Limited, trustee of Oxford Nanopore Technologies plc's Share Incentive Plan, awarded 114 Partnership Shares to Director Nick Keher at £1.32 per share, and the Company issued 114 Matching Shares to the trustee for him. This announcement also corrected a previous notification for Nick Keher dated September 12, 2024, adjusting the Partnership and Matching Shares from 102 to 103 each, with a revised aggregated purchase price of £150.38 for the Partnership Shares.
| Date | 13 Jan 2025 |
| Time | 15:00:01 |
| Category | Director/PDMR dealings |
| ID | 1171T |
13 January 2025
Oxford Nanopore Technologies plc (the "Company")
Share Incentive Plan ("SIP") PDMR Notification and correction to previous PDMR Notification
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
The Company has been notified by Solium Trustee (UK) Limited, the trustee of the SIP (the "SIP Trustee") that on 13 January 2025, it made an award of Partnership Shares (as defined in the SIP) of 114 ordinary shares of £0.0001 ("Ordinary Shares") on behalf of Nick Keher, a director of the Company and a Person Discharging Managerial Responsibilities ("PDMR"). The Ordinary Shares were purchased using each participating employee's gross salary at a price of £1.32 per Ordinary Share.
Under the SIP, the SIP Trustee will award each participating employee one Matching Share (as defined in the SIP) for each Ordinary Share purchased by the employee under the SIP. On 13 January 2025, the Company issued 114 Ordinary Shares to the SIP Trustee to hold on behalf of Nick Keher to satisfy the Matching Shares awarded under the SIP to him on that date.
Further details of the transactions referred to above by the SIP Trustee are set out below:
|
Name of PDMR |
Number of Partnership Shares |
Number of Matching Shares |
|
Nick Keher (Director) |
114 |
114 |
This announcement is made pursuant to the Company's obligations under Article 19(3) of the UK Market Abuse Regulation.
Nick Keher - purchase of shares under the SIP
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|||||
|
a) |
Name |
Nick Keher |
||||
|
2 |
Reason for the notification |
|||||
|
a) |
Position/status |
Chief Financial Officer |
||||
|
b) |
Initial/Amendment notification |
Initial notification |
||||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
|
a) |
Name |
Oxford Nanopore Technologies plc |
||||
|
b) |
LEI |
213800IRWQ2Q6M2CDW55 |
||||
|
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 |
Ordinary shares of £0.0001 each
GB00BP6S8Z30 |
||||
|
b) |
Nature of the transaction |
Purchase of Ordinary Shares under the SIP, held through the SIP Trustee. |
||||
|
c) |
Price(s) and volume(s) |
|
||||
|
d) |
Aggregated information - Aggregated volume - Aggregated price |
114 shares £150.48 |
||||
|
e) |
Date of the transaction |
13 January 2025 |
||||
|
f) |
Place of the transaction |
London Stock Exchange (XLON) |
||||
Nick Keher - issue of new shares under the SIP
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|||||
|
a) |
Name |
Nick Keher |
||||
|
2 |
Reason for the notification |
|||||
|
a) |
Position/status |
Chief Financial Officer |
||||
|
b) |
Initial/Amendment notification |
Initial notification |
||||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
|
a) |
Name |
Oxford Nanopore Technologies plc |
||||
|
b) |
LEI |
213800IRWQ2Q6M2CDW55 |
||||
|
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 |
Ordinary shares of £0.0001 each
GB00BP6S8Z30 |
||||
|
b) |
Nature of the transaction |
Grant of Matching Shares through an issue of Ordinary Shares under the SIP, held through the SIP Trustee |
||||
|
c) |
Price(s) and volume(s) |
|
||||
|
d) |
Aggregated information - Aggregated volume - Aggregated price |
114 shares Nil |
||||
|
e) |
Date of the transaction |
13 January 2025 |
||||
|
f) |
Place of the transaction |
London Stock Exchange (XLON) |
||||
Correction - PDMR Notification
The following amendment has been made to the Share Incentive Plan - Director/PDMR Shareholding notification released on 13 September 2024 at 16:30 under RNS Number 1986E.
The correction relates to the number of Partnership Shares (as defined in the SIP) awarded by the SIP Trustee on behalf of Nick Keher, and the number of Matching Shares (as defined in the SIP) issued by the Company to the SIP Trustee to hold on behalf of Nick Keher, each of which should have referred to 103 Ordinary Shares instead of 102 Ordinary Shares. The aggregated price of the Partnership Shares purchased should consequently have been £150.38.
All other details remain unchanged.
The full amended text is shown below.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
The Company has been notified by Solium Trustee (UK) Limited, the trustee of the SIP (the "SIP Trustee") that on 12 September 2024, it made an award of Partnership Shares (as defined in the SIP) of 103 ordinary shares of £0.0001 ("Ordinary Shares") on behalf of Nick Keher, a director of the Company and a Person Discharging Managerial Responsibilities ("PDMR"). The Ordinary Shares were purchased using each participating employee's gross salary at a price of £1.46 per Ordinary Share.
Under the SIP, the SIP Trustee will award each participating employee one Matching Share (as defined in the SIP) for each Ordinary Share purchased by the employee under the SIP. On 12 September 2024, the Company issued 103 Ordinary Shares to the SIP Trustee to hold on behalf of Nick Keher to satisfy the Matching Shares awarded under the SIP to him on that date.
Further details of the transactions referred to above by the SIP Trustee are set out below:
|
Name of PDMR |
Number of Partnership Shares |
Number of Matching Shares |
|
Nick Keher (Director) |
103 |
103 |
This announcement is made pursuant to the Company's obligations under Article 19(3) of the UK Market Abuse Regulation.
Nick Keher - purchase of shares under the SIP
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|||||
|
a) |
Name |
Nick Keher |
||||
|
2 |
Reason for the notification |
|||||
|
a) |
Position/status |
Chief Financial Officer |
||||
|
b) |
Initial/Amendment notification |
Initial notification |
||||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
|
a) |
Name |
Oxford Nanopore Technologies plc |
||||
|
b) |
LEI |
213800IRWQ2Q6M2CDW55 |
||||
|
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 |
Ordinary shares of £0.0001 each
GB00BP6S8Z30 |
||||
|
b) |
Nature of the transaction |
Purchase of Ordinary Shares under the SIP, held through the SIP Trustee. |
||||
|
c) |
Price(s) and volume(s) |
|
||||
|
d) |
Aggregated information - Aggregated volume - Aggregated price |
103 shares £150.38 |
||||
|
e) |
Date of the transaction |
12 September 2024 |
||||
|
f) |
Place of the transaction |
London Stock Exchange (XLON) |
||||
Nick Keher - issue of new shares under the SIP
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|||||
|
a) |
Name |
Nick Keher |
||||
|
2 |
Reason for the notification |
|||||
|
a) |
Position/status |
Chief Financial Officer |
||||
|
b) |
Initial/Amendment notification |
Initial notification |
||||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
|
a) |
Name |
Oxford Nanopore Technologies plc |
||||
|
b) |
LEI |
213800IRWQ2Q6M2CDW55 |
||||
|
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 |
Ordinary shares of £0.0001 each
GB00BP6S8Z30 |
||||
|
b) |
Nature of the transaction |
Grant of Matching Shares through an issue of Ordinary Shares under the SIP, held through the SIP Trustee |
||||
|
c) |
Price(s) and volume(s) |
|
||||
|
d) |
Aggregated information - Aggregated volume - Aggregated price |
103 shares Nil |
||||
|
e) |
Date of the transaction |
12 September 2024 |
||||
|
f) |
Place of the transaction |
London Stock Exchange (XLON) |
||||
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