Director/PDMR Shareholding

RNS Number : 5234S

Microgen PLC

21 December 2016

 

   21 December 2016

MICROGEN plc (the "Company")

Director/PDMR Shareholding / Total Voting Rights

Microgen plc (LSE: MCGN), a leading provider of business critical software and services, provides notification that on 21 December 2016, following the exercise of options under the Microgen Plc Performance Share Plan 2006 ("PSP"), 196,010 new ordinary shares of 6 3/7 pence each in the Company ("Ordinary Shares") have been issued. The issued Ordinary Shares were admitted to the Official List of the UKLA and to trading on the main market of the London Stock Exchange on 25 November 2016.

Of the total number referred to above, Tom Crawford (Chief Executive Officer, Aptitude Software) exercised options over 180,000 Ordinary Shares on 21 December 2016 with an exercise price per Ordinary Share of £0.05. The options had an expiry date of 18 November 2023.

Following the exercise of these options Tom Crawford's overall shareholding in the Company has increased as set out below:

Number of Ordinary Shares held prior to transactions	Percentage of the issued share capital of the Company held prior to transactions	Number of Ordinary Shares held after transactions	Percentage of the issued share capital of the Company held after transactions
129,551	0.219%	309,551	0.522%

In accordance with DTR 5.6.1, the Company also announces that, following the transactions referred to above, as at today's date, its issued share capital comprises 59,297,030 Ordinary Shares. The Company does not hold any Ordinary Shares in treasury. The voting rights of all of the Ordinary Shares are identical. Shareholders may use this figure as the denominator for the calculation by which they will determine whether they are required to notify their interest in, or a change to their interest in, Ordinary Shares in Microgen under the Disclosure Guidance and Transparency Rules of the Financial Conduct Authority.

The notification below, made pursuant to Article 19 of Regulation (EU) No 596/2014 on Market Abuse, provides further information about these transactions.

1	Details of the person discharging managerial responsibilities / person closely associated
(a)	Name	Tom Crawford
2	Reason for the notification
(a)	Position/Status	PDMR - (Chief Executive Officer, Aptitude Software)
(b)	Initial notification / Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
(a)	Name	Microgen Plc
(b)	LEI	2138009VHA1WI2VKMA28
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 6 3/7 pence each ISIN: GB00BVVHWX30
(b)	Nature of the transaction	Exercise of options over Ordinary Shares
(c)	Price(s) and volume(s)	Exercise Price per Ordinary Share Number of Ordinary Shares over which Options Exercised £0.05 180,000
(d)	Aggregated Information - Aggregated Volume - Price	n/a
(e)	Date of the Transaction	21 December 2016
(f)	Place of the Transaction	Outside a trading venue
Name of authorised official of issuer responsible for making notification:		Mark Heather, Company Secretary, Microgen Plc

Contacts

Mark Heather, Company Secretary                                     020-7496-8100

 

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