Director/PDMR Shareholding

RNS Number : 1494I

Oxford Nanopore Technologies plc

12 April 2022

 

12 April 2022

Oxford Nanopore Technologies plc (the "Company")

Director/PDMR Notification

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

The Company announces that on 11 April 2022, it made conditional awards over ordinary shares of £0.0001 each under the Oxford Nanopore Technologies plc Deferred Bonus Plan 2021 ("DBP"), to those Persons Discharging Managerial Responsibilities (each a "PDMR") outlined below.

Name of PDMR	Number of shares subject to award granted under DBP
Gordon Sanghera (Director)	72,226
Clive Brown (Director)	44,795
Timothy Cowper (Director)	33,486
Spike Willcocks (Director)	48,441

The DBP awards relate to the deferral into shares of 33.3% of the bonuses paid to the PDMRs in relation to the financial year ending 31 December 2021.  Under the Company's directors' remuneration policy, at least 33.3% of the annual bonus payable to the directors is settled in DBP  awards, with 50% of the relevant DBP award vesting on the first anniversary of the award date and the remaining 50% vesting on the second anniversary of the award date.  The shares will accrue a dividend equivalent between the award date and the relevant vesting date.

The number of shares over which the DBP awards were granted was calculated based on a price of 3.82 per share. This is the average closing middle-market share price, as derived from the Daily Official List of the London Stock Exchange, for the five business days preceding the award date.

This announcement is made pursuant to the Company's obligations under Article 19 of the UK Market Abuse Regulation.

Gordon Sanghera - DBP award granted

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	Award granted under the Deferred Bonus Plan 2021
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 72,226
d)	Aggregated information - Aggregated volume - Aggregated price	72,226 £Nil
e)	Date of the transaction	11 April 2022
f)	Place of the transaction	London Stock Exchange (XLON)

Clive Brown - DBP award granted

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Clive Brown
2	Reason for the notification
a)	Position/status	Chief Technology 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	Award granted under the Deferred Bonus Plan 2021
c)	Price(s) and volume(s)	Price(s) Volume(s) £Nil 44,795
d)	Aggregated information - Aggregated volume - Aggregated price	44,795 £Nil
e)	Date of the transaction	11 April 2022
f)	Place of the transaction	London Stock Exchange (XLON)

Timothy Cowper - DBP award granted

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Timothy Cowper
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	Award granted under the Deferred Bonus Plan 2021
c)	Price(s) and volume(s)	Price(s) Volume(s) £Nil 33,486
d)	Aggregated information - Aggregated volume - Aggregated price	33,486 £Nil
e)	Date of the transaction	11 April 2022
f)	Place of the transaction	London Stock Exchange (XLON)

Spike Willcocks - DBP award granted

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	James (Spike) Willcocks
2	Reason for the notification
a)	Position/status	Chief Strategy 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	Award granted under the Deferred Bonus Plan 2021
c)	Price(s) and volume(s)	Price(s) Volume(s) £Nil 48,441
d)	Aggregated information - Aggregated volume - Aggregated price	48,441 Nil
e)	Date of the transaction	11 April 2022
f)	Place of the transaction	London Stock Exchange (XLON)

[ENDS]

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