Directors' Interests

RNS Number : 4517S

Microsaic Systems plc

25 June 2018

 

25 June 2018

Microsaic Systems plc

("Microsaic", "Microsaic Systems" or the "Company")

Directors' Interests

Microsaic Systems plc (AIM: MSYS), the developer of point of need mass spectrometry ("MS") instruments, is pleased to announce that following Admission today of the Placing Shares to trading on AIM in connection with the Transaction announced on 5 and 6 June 2018, the beneficial interests of the Directors in the issued share capital of the Company and percentage interests are as follows:

Director	Number of Ordinary Shares	Per cent. of issued share capital
Peter Grant	750,000	0.16
Glenn Tracey	800,000	0.18
Bevan Metcalf	1,050,000	0.23
Christopher Buckley	550,000	0.12
Andrew Holmes	3,682,111	0.81
Eric Yeatman	4,646,632	1.02

The Directors together hold an aggregate of 11,478,743 Ordinary Shares, representing 2.52 per cent. of the issued share capital of the Company. The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide additional detail.

Defined terms used in this announcement will have the meanings (unless the context otherwise requires) set out in the circular dated 6 June 2018, which is available on the Company's website at http://www.microsaic.com/investors/documents/.

Enquiries:
Microsaic Systems plc Glenn Tracey, CEO Bevan Metcalf, FD	[phone]
N+1 Singer (Nominated Adviser & Broker) Shaun Dobson Liz Yong	[phone]
IFC Advisory Ltd (Financial PR) Graham Herring Heather Armstrong Florence Chandler	[phone]

www.microsaic.com  

About Microsaic Systems

Microsaic Systems plc (AIM: MSYS) is a high technology company developing chip-based, bench-top and point-of-analysis mass spectrometry ("MS") instruments that are designed to improve the efficiency of pharmaceutical R&D and manufacturing. The Company is working with established global life science companies to co-develop new solutions to improve productivity in the development of small molecule and novel biologic (peptides, antibodies) medicines. MS is a powerful method of analysis to enable earlier decision making relating to product identification, purity and bioactivity, and is the analytical technique of choice for biochemists across many industry sectors.

Microsaic's core product, the 4500 MiD®, is a robust and compact MS system, retaining the functionality of larger conventional MS systems, is easier to use by non-specialists, consumes less energy and has lower running costs. For more information, please go to www.microsaic.com.  

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Peter Grant
2	Reason for the notification
a)	Position/status	PDMR - Non-executive Chairman
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Microsaic Systems plc
b)	LEI	213800P1VXZSD3US5N79
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 0.25p each GB00B547ZY09
b)	Nature of the transaction	Purchase of ordinary shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 2 pence 750,000
d)	Aggregated information - Aggregated volume - Price	Not applicable
e)	Date of the transaction	25 June 2018
f)	Place of the transaction	London Stock Exchange (XLON)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Glenn Tracey
2	Reason for the notification
a)	Position/status	PDMR - CEO
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Microsaic Systems plc
b)	LEI	213800P1VXZSD3US5N79
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 0.25p each GB00B547ZY09
b)	Nature of the transaction	Purchase of ordinary shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 2 pence 500,000
d)	Aggregated information - Aggregated volume - Price	Not applicable
e)	Date of the transaction	25 June 2018
f)	Place of the transaction	Outside of trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Bevan Metcalf
2	Reason for the notification
a)	Position/status	PDMR - Finance Director
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Microsaic Systems plc
b)	LEI	213800P1VXZSD3US5N79
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 0.25p each GB00B547ZY09
b)	Nature of the transaction	Purchase of ordinary shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 2 pence 750,000
d)	Aggregated information - Aggregated volume - Price	Not applicable
e)	Date of the transaction	25 June 2018
f)	Place of the transaction	Outside of trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Christopher Buckley
2	Reason for the notification
a)	Position/status	PDMR - Non-executive director
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Microsaic Systems plc
b)	LEI	N/A
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 0.25p each GB00B547ZY09
b)	Nature of the transaction	Purchase of ordinary shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 2 pence 250,000
d)	Aggregated information - Aggregated volume - Price	Not applicable
e)	Date of the transaction	25 June 2018
f)	Place of the transaction	Outside of trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Andrew Holmes
2	Reason for the notification
a)	Position/status	PDMR - Non-executive director
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Microsaic Systems plc
b)	LEI	213800P1VXZSD3US5N79
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 0.25p each GB00B547ZY09
b)	Nature of the transaction	Purchase of ordinary shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 2 pence 500,000
d)	Aggregated information - Aggregated volume - Price	Not applicable
e)	Date of the transaction	25 June 2018
f)	Place of the transaction	Outside of trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Eric Yeatman
2	Reason for the notification
a)	Position/status	PDMR - Non-executive director
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Microsaic Systems plc
b)	LEI	213800P1VXZSD3US5N79
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 0.25p each GB00B547ZY09
b)	Nature of the transaction	Purchase of ordinary shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 2 pence 750,000
d)	Aggregated information - Aggregated volume - Price	Not applicable
e)	Date of the transaction	25 June 2018
f)	Place of the transaction	Outside of trading venue

 

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