For immediate release
12 November 2021
ABCAM PLC
("Abcam" or the "Company")
Issue of Equity and Director/PDMR Shareholding Notification
Abcam plc (AIM: ABC, the "Group") announces that it has made an application for the admission to trading on AIM of 1,784,189 ordinary shares of 0.2 pence each in the Company (the "New Ordinary Shares"). These New Ordinary Shares have been issued to satisfy share options vesting under AbShare, the Company's all employee share scheme launched in 2018 and rank pari passu with the existing shares of the Company. Admission to trading on AIM of the New Ordinary Shares is anticipated to occur on 12 November 2021.
At admission, the issued share capital of the Company will consist of 228,776,756 ordinary shares, with no shares held in treasury. The total number of voting rights in the Group will therefore be 228,776,756. This figure may be used by shareholders as the denominator to determine if they are required to notify their interests in, or a change in interests in, the Group under the Disclosure and Transparency Rules.
In addition, certain PDMRs exercised options and received New Ordinary Shares under the rules of the Abcam plc Long Term Incentive Plan (LTIP) or under AbShare and sold a sufficient number of shares to fund the tax, national insurance and dealing charges, with the balance retained. See below the notification and public disclosure of transactions by PDMRs and persons closely associated with them.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |||
| a) | Name | Mr Alan Hirzel | ||
| 2 | Reason for the notification | |||
| a) | Position/status | Chief Executive Officer | ||
| b) | Initial notification /Amendment | Initial Notification | ||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||
| a) | Name | Abcam plc | ||
| b) | Legal Entity Identifier | 213800B9N83DSNT33F79 | ||
| 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 0.2 pence each
GB00B6774699 | ||
| b) | Nature of the transaction | Issue of Conditional shares under the rules of the Abcam plc Long Term Incentive Plan (LTIP) and sale of sufficient shares to fund the tax, national insurance and dealing charges. Balance retained. | ||
| c) | Currency | GBP | ||
| d) | Price(s) and volume(s) Acquisition of shares on release of award | Price(s) | Volume(s) | |
| Nil | 116,301 | |||
| | Sale of shares to satisfy income tax, national insurance and dealing charges | £16.89 | 54,799 | |
| e) | Aggregated information Acquisition of shares on release of award Sales of shares to satisfy income tax, national insurance and dealing charges | Price(s) | Aggregated Volume(s) | Aggregated Total |
| Nil | 116,301 | N/A | ||
| £16.89 | 54,799 | £925,555.11 | ||
| f) | Date of the transaction | 08 November 2021 | ||
| g) | Place of the transaction | London Stock Exchange, AIM | ||
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |||
| a) | Name | Mr Marc Perkins | ||
| 2 | Reason for the notification | |||
| a) | Position/status | General Counsel and Company Secretary | ||
| b) | Initial notification /Amendment | Initial Notification | ||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||
| a) | Name | Abcam plc | ||
| b) | Legal Entity Identifier | 213800B9N83DSNT33F79 | ||
| 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 0.2 pence each
GB00B6774699 | ||
| b) | Nature of the transaction | Issue of shares under the rules of the Abcam plc AbShare all employee share plan and Annual Bonus Plan and sale of sufficient shares to fund the tax, national insurance and dealing charges. Balance retained. | ||
| c) | Currency | GBP | ||
| d) | Price(s) and volume(s) Acquisition of shares on release of award | Price(s) | Volume(s) | |
| £0.002 | 543 - Annual Bonus Plan | |||
| | | Nil | 6,314 - AbShare | |
| | Sale of shares to satisfy income tax, national insurance and dealing charges | £16.89 | 258 - Annual Bonus Plan 2,780 - AbShare | |
| e) | Aggregated information Acquisition of shares on release of award
Sales of shares to satisfy income tax, national insurance and dealing charges | Price(s) | Aggregated Volume(s) | Aggregated Total |
| £0.002 - Annual Bonus Plan | 543 | £1.09 | ||
| Nil - AbShare | 6,314 | Nil | ||
| £16.89 - Annual Bonus Plan & AbShare | 3,038 | £51,311.82 | ||
| f) | Date of the transaction | 08 November 2021 | ||
| g) | Place of the transaction | London Stock Exchange, AIM | ||
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