30th October 2006
Microgen plc ("Microgen")
Notification of Interests of Directors and Connected Persons
Microgen announces that, on 27th October 2006 its directors Ralph Kanter, Paul
Davies, Peter Bertram and Mike Phillips purchased Microgen Ordinary Shares as
illustrated in the table below:
Name of Number Price at % of Acquired Total % of total
director of which issued in name holding holding
shares shares class of self following following
acquired acquired acquired or spouse transaction transaction
(pence)
Ralph Kanter 43,076 42.2679 0.04% Self 122,205 0.12%
Paul Davies 17,231 42.2679 0.02% Self 96,160 0.09%
Peter Bertram 34,462 42.2679 0.03% Self 34,462 0.03%
Mike Phillips 17,231 42.2679 0.02% Spouse 100,184 0.10%
Mr Mike Phillips also notified Microgen that, on 27th October 2006 he
transferred 77,000 of his Microgen shares by way of gift to his spouse and that
he had waived his rights to 150,000 executive share options as illustrated in
the following table:
Date Date first Exercise Number
option exercisable price of
granted (pence) shares
under
option
25-May-99 25-May-02 159.8 50,000
04-May-00 04-May-03 397.5 50,000
27-Feb-01 27-Feb-04 168.0 50,000
Following the above waiver, Mr Mike Phillips holds executive share options over
412,145 shares and has an award of 593,220 shares under the Performance Share
Plan 2006 giving a total of 1,005,365 shares.
Mr David Sherriff has notified Microgen that he has waived his rights to
150,000 executive share options granted on 25 May 1999 at an exercise price of
159.8p, which became exercisable on 25 May 2004. Following the above waiver, Mr
David Sherriff holds executive share options over 300,000 shares and has an
award of 593,220 shares under the Performance Share Plan 2006 giving a total of
893,220 shares.
If you require further information please contact:
G E Liddle, Company Secretary 01252 772313
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.