TIDMABC

RNS Number : 7089V

ABCAM Plc

06 November 2017

For immediate release

6 November 2017

ABCAM PLC

("Abcam" or the "Company")

Director/PDMR Shareholding Notification

Cambridge, UK: Abcam plc (AIM: ABC), a global leader in the supply of life science research tools, on 3 November 2017 granted share awards in the form of nil cost options or conditional shares ("Awards") to the following Directors/PDMRs under the Abcam plc Long Term Incentive Plan ("LTIP"):

 
PDMR                       Number of 0.2 pence 
                            Ordinary Shares subject 
                            to the Awards 
Alan Hirzel 
 Chief Executive Officer   60,294* 
Gavin Wood 
 Chief Financial Officer   30,147 
Suzanne Smith 
 Chief Legal Officer and 
 Company Secretary         10,100 
 
 

* The award made to Alan Hirzel is in the form of conditional shares which will be transferred following vesting.

The Awards will vest in three years' time subject to continued employment and satisfaction of performance conditions. The performance conditions are split 70% on the growth in earnings per share and 30% on strategic KPIs, as detailed in the Company's annual report.

Additional post-vesting holding periods of 3 years and 2 years will apply to the Awards for Alan Hirzel and Gavin Wood respectively.

The notifications for these Awards can be found below. This announcement is made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014.

For further information, please contact:

 
                                                 + 44 (0) 1223 
Abcam                                             696 000 
Suzanne Smith, Company Secretary 
J.P.Morgan Cazenove - Nominated                  + 44 (0) 20 7742 
 Advisor & Corporate Broker                       4000 
James Mitford / Candelle Chong 
                                                 + 44 (0) 20 3727 
FTI Consulting                                    1000 
Ben Atwell / Brett Pollard / 
 Natalie Garland-Collins 
 
 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      Initial Notification 
        /Amendment 
----  ------------------------  ----------------------------------------- 
 3     Details of the issuer, emission allowance 
        market participant, auction platform, auctioneer 
        or auction monitor 
----  ------------------------------------------------------------------- 
 a)    Name                      Abcam plc 
----  ------------------------  ----------------------------------------- 
 b)    Legal Entity              213800B9N83DSNT33F79 
        Identifier 
----  ------------------------  ----------------------------------------- 
 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               Ordinary shares of 0.2 pence 
        of the financial          each 
        instrument, 
        type of instrument 
 
        Identification            GB00B6774699 
        code 
----  ------------------------  ----------------------------------------- 
 b)    Nature of the             Grant of conditional shares under 
        transaction               the Abcam plc Long Term Incentive 
                                  Plan ("LTIP"): 
----  ------------------------  ----------------------------------------- 
 c)    Currency                  GBP 
----  ------------------------  ----------------------------------------- 
 d)    Price(s) and                Price(s)             Volume(s) 
        volume(s) 
----  ------------------------  --------------  ------------------------- 
   Nil             60,294 
  --------------  ------------------------------------------------------- 
 
 e)    Aggregated 
        information                60,294 
        - Aggregated               Nil 
        volume                     Nil 
        - Price 
        - Aggregated 
        total 
----  ------------------------  ----------------------------------------- 
 f)    Date of the               3 November 2017 
        transaction 
----  ------------------------  ----------------------------------------- 
 g)    Place of the              London Stock Exchange, AIM 
        transaction 
----  ------------------------  ----------------------------------------- 
 
 1     Details of the person discharging managerial 
        responsibilities/person closely associated 
----  ------------------------------------------------------------------- 
 a)    Name                      Mr Gavin Wood 
----  ------------------------  ----------------------------------------- 
 2     Reason for the notification 
----  ------------------------------------------------------------------- 
 a)    Position/status           Chief Financial Officer 
----  ------------------------  ----------------------------------------- 
 b)    Initial notification      Initial Notification 
        /Amendment 
----  ------------------------  ----------------------------------------- 
 3     Details of the issuer, emission allowance 
        market participant, auction platform, auctioneer 
        or auction monitor 
----  ------------------------------------------------------------------- 
 a)    Name                      Abcam plc 
----  ------------------------  ----------------------------------------- 
 b)    Legal Entity              213800B9N83DSNT33F79 
        Identifier 
----  ------------------------  ----------------------------------------- 
 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               Ordinary shares of 0.2 pence 
        of the financial          each 
        instrument, 
        type of instrument 
 
        Identification            GB00B6774699 
        code 
----  ------------------------  ----------------------------------------- 
 b)    Nature of the             Grant of nil cost options under 
        transaction               the Abcam plc Long Term Incentive 
                                  Plan ("LTIP"): 
----  ------------------------  ----------------------------------------- 
 c)    Currency                  GBP 
----  ------------------------  ----------------------------------------- 
 d)    Price(s) and                Price(s)             Volume(s) 
        volume(s) 
----  ------------------------  --------------  ------------------------- 
   0.2p            30,147 
  --------------  ------------------------------------------------------- 
 
 e)    Aggregated 
        information 
   - Aggregated              30,147 
    volume 
   - Price                    0.2 pence per share 
   - Aggregated               GBP60.29 
    total 
 ------------------------  ---------------------------------------------- 
 f)    Date of the               3 November 2017 
        transaction 
----  ------------------------  ----------------------------------------- 
 g)    Place of the              London Stock Exchange, AIM 
        transaction 
----  ------------------------  ----------------------------------------- 
 
 
 
 1     Details of the person discharging managerial 
        responsibilities/person closely associated 
----  ------------------------------------------------------------------- 
 a)    Name                          Mrs Suzanne Smith 
----  ----------------------------  ------------------------------------- 
 2     Reason for the notification 
----  ------------------------------------------------------------------- 
 a)    Position/status               Chief Legal Officer and Company 
                                      Secretary 
----  ----------------------------  ------------------------------------- 
 b)    Initial notification          Initial Notification 
        /Amendment 
----  ----------------------------  ------------------------------------- 
 3     Details of the issuer, emission allowance 
        market participant, auction platform, auctioneer 
        or auction monitor 
----  ------------------------------------------------------------------- 
 a)    Name                          Abcam plc 
----  ----------------------------  ------------------------------------- 
 b)    Legal Entity                  213800B9N83DSNT33F79 
        Identifier 
----  ----------------------------  ------------------------------------- 
 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                   Ordinary shares of 0.2 pence 
        of the financial              each 
        instrument, 
        type of instrument 
 
        Identification                GB00B6774699 
        code 
----  ----------------------------  ------------------------------------- 
 b)    Nature of                     Grant of nil cost options under 
        the transaction               the Abcam plc Long Term Incentive 
                                      Plan ("LTIP"): 
----  ----------------------------  ------------------------------------- 
 c)    Currency                      GBP 
----  ----------------------------  ------------------------------------- 
 d)    Price(s) and                      Price(s)           Volume(s) 
        volume(s) 
----  ----------------------------  -----------------  ------------------ 
                                     0.2p               10,100 
 ---------------------------------  -----------------  ------------------ 
 
 e)    Aggregated 
        information 
   - Aggregated                       10,100 
    volume 
   - Price                             0.2 pence per share 
   - Aggregated                        GBP20.20 
    total 
 ---------------------------------  ------------------------------------- 
 f)    Date of the                   3 November 2017 
        transaction 
----  ----------------------------  ------------------------------------- 
 g)    Place of the                  London Stock Exchange, AIM 
        transaction 
----  ----------------------------  ------------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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November 06, 2017 11:48 ET (16:48 GMT)

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