Founder LTIP - Director/PDMR Notification

Oxford Nanopore Technologies plc

28 June 2024

 

28 June 2024

Oxford Nanopore Technologies plc (the "Company")

Release of shares under legacy Founder LTIP - Director/PDMR Notification

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

In June 2021, the Company granted a one-off legacy conditional performance-related award under the Oxford Nanopore Technologies Limited Long-Term Incentive Plan 2021 approved by shareholders prior to the Company's initial public offering ("Founder LTIP").

As previously disclosed, a proportion of this award vested in January 2022 subject to a post-vesting holding period ending on the third anniversary of the grant date. On 27 June 2024, 3,737,257 ordinary shares of £0.0001 each ("Ordinary Shares") were released under the Founder LTIP to Gordon Sanghera, a Director and a Person Discharging Managerial Responsibilities.

On 28 June 2024, Gordon Sanghera then sold sufficient Ordinary Shares to meet a portion of his tax liabilities in respect of the release of his award, with the balance of Ordinary Shares retained.

Gordon Sanghera - release of the award granted under the Founder LTIP

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Gurdial (Gordon) Sanghera
2	Reason for the notification
a)	Position/status	Chief Executive 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	Release of the award granted under the Oxford Nanopore Technologies Limited Long-Term Incentive Plan 2021
c)	Price(s) and volumes(s)	Price(s) Volume(s) Nil 3,737,257
d)	Aggregated information - Aggregated volume - Aggregated price	3,737,257 Nil
e)	Date of the transaction	27 June 2024
f)	Place of the transaction	London Stock Exchange (XLON)

Gordon Sanghera - Sale of shares to satisfy tax under the Founder LTIP

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Gurdial (Gordon) Sanghera
2	Reason for the notification
a)	Position/status	Chief Executive 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	Sale of sufficient shares to fund a portion of the tax liabilities. Balance of shares retained.
c)	Price(s) and volumes(s)	Price(s) Volume(s) £0.916435 1,203,967
d)	Aggregated information - Aggregated volume - Aggregated price	1,203,967 £1,103,357.50
e)	Date of the transaction	28 June 2024
f)	Place of the transaction	London Stock Exchange (XLON)

[ENDS]

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