TIDMOBD

RNS Number : 9027K

Oxford BioDynamics PLC

02 September 2019

2 September 2019

Oxford BioDynamics Plc

("OBD" or the "Company" and, together with its subsidiaries, the "Group")

PDMR Dealing

Oxford BioDynamics Plc (AIM: OBD) announces that today it received notification that Vulpes Life Sciences Find, which is controlled by Non-Executive Director Stephen Diggle, Christian Hoyer Millar, Chief Executive Officer, and Paul Stockdale, Chief Financial Officer, have purchased Ordinary Shares of 1 pence each as follows:

 
 Name                     Number of shares purchased   Average price per 
                                                        share 
 Vulpes Life Sciences     6,730                        GBP0.9200 
  Fund 
                         ---------------------------  ------------------ 
 Christian Hoyer Millar   14,000                       GBP0.8551 
                         ---------------------------  ------------------ 
 Paul Stockdale           2,186                        GBP0.9125 
                         ---------------------------  ------------------ 
 

Following these transactions, Vulpes Life Sciences Fund, Christian Hoyer Millar (together with his wife) and Paul Stockdale are respectively interested in the Ordinary Shares of the Company as follows:

 
 Name                      Number of Ordinary   % of issued share 
                            Shares held          capital 
 Vulpes Life Sciences 
  Fund                     11,741,455           12.69 
                          -------------------  ------------------ 
 Christian Hoyer Millar    12,354,303           13.35 
                          -------------------  ------------------ 
 Paul Stockdale            10,000               0.01 
                          -------------------  ------------------ 
 

The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further details:

 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name                             Stephen Diggle 
     -------------------------------  -------------------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------------- 
 a)   Position/status                  Director/PDMR 
     -------------------------------  -------------------------------------- 
 b)   Initial notification/            Initial notification 
       Amendment 
     -------------------------------  -------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ----------------------------------------------------------------------- 
 a)   Name                             Oxford BioDynamics Plc 
     -------------------------------  -------------------------------------- 
 b)   LEI                              2138005Y1TK258O5U928 
     -------------------------------  -------------------------------------- 
 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               Ordinary Shares of 1 pence each 
       financial instrument,            ISIN: GB00BD5H8572 
       type of instrument 
       Identification code 
     -------------------------------  -------------------------------------- 
 b)   Nature of the transaction        Acquisition of ordinary shares 
     -------------------------------  -------------------------------------- 
 c)   Price(s) and volume(s)             Price(s)    Volume(s) 
                                          GBP0.92     6,730 
                                                     ---------- 
     -------------------------------  -------------------------------------- 
 d)   Aggregated information             Price      Volume 
       - Aggregated volume                GBP0.92    6,730 
       - Price                                      ------- 
     -------------------------------  -------------------------------------- 
 e)   Dates of the transactions        30 August 2019 
     -------------------------------  -------------------------------------- 
 f)   Place of the transaction         Outside a trading venue 
     -------------------------------  -------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name                             Christian Hoyer Millar 
     -------------------------------  -------------------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------------- 
 a)   Position/status                  Director/PDMR 
     -------------------------------  -------------------------------------- 
 b)   Initial notification/            Initial notification 
       Amendment 
     -------------------------------  -------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ----------------------------------------------------------------------- 
 a)   Name                             Oxford BioDynamics Plc 
     -------------------------------  -------------------------------------- 
 b)   LEI                              2138005Y1TK258O5U928 
     -------------------------------  -------------------------------------- 
 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               Ordinary Shares of 1 pence each 
       financial instrument,            ISIN: GB00BD5H8572 
       type of instrument 
       Identification code 
     -------------------------------  -------------------------------------- 
 b)   Nature of the transaction        Acquisition of ordinary shares 
     -------------------------------  -------------------------------------- 
 c)   Price(s) and volume(s)             Price(s)      Volume(s) 
                                          GBP0.85135    4,000 
                                                       ---------- 
                                          GBP0.85       4,000 
                                                       ---------- 
                                          GBP0.85135    2,000 
                                                       ---------- 
                                          GBP0.8658     4,000 
                                                       ---------- 
     -------------------------------  -------------------------------------- 
 d)   Aggregated information             Price        Volume 
       - Aggregated volume                GBP0.8551    14,000 
       - Price                                        ------- 
     -------------------------------  -------------------------------------- 
 e)   Dates of the transactions        30 August 2019 
     -------------------------------  -------------------------------------- 
 f)   Place of the transaction         Outside a trading venue 
     -------------------------------  -------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name                             Paul Stockdale 
     -------------------------------  -------------------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------------- 
 a)   Position/status                  Director/PDMR 
     -------------------------------  -------------------------------------- 
 b)   Initial notification/            Initial notification 
       Amendment 
     -------------------------------  -------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ----------------------------------------------------------------------- 
 a)   Name                             Oxford BioDynamics Plc 
     -------------------------------  -------------------------------------- 
 b)   LEI                              2138005Y1TK258O5U928 
     -------------------------------  -------------------------------------- 
 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               Ordinary Shares of 1 pence each 
       financial instrument,            ISIN: GB00BD5H8572 
       type of instrument 
       Identification code 
     -------------------------------  -------------------------------------- 
 b)   Nature of the transaction        Acquisition of ordinary shares 
     -------------------------------  -------------------------------------- 
 c)   Price(s) and volume(s)             Price(s)     Volume(s) 
                                          GBP0.9125    2,186 
                                                      ---------- 
     -------------------------------  -------------------------------------- 
 d)   Aggregated information             Price        Volume 
       - Aggregated volume                GBP0.9125    2,186 
       - Price                                        ------- 
     -------------------------------  -------------------------------------- 
 e)   Date of the transaction          30 August 2019 
     -------------------------------  -------------------------------------- 
 f)   Place of the transaction         Outside a trading venue 
     -------------------------------  -------------------------------------- 
 

For further details please contact:

 
 Oxford BioDynamics Plc 
  Christian Hoyer Millar, 
  CEO 
  Paul Stockdale, CFO              +44 (0)1865 518910 
 Shore Capital 
  Nominated Adviser and Broker 
  Stephane Auton 
  Edward Mansfield                +44 (0)20 7408 4090 
 FTI Consulting 
  Financial Public Relations 
  Adviser 
  Brett Pollard 
  Natalie Garland-Collins         +44 (0)20 3727 1000 
 

Notes for Editors

About Oxford BioDynamics Plc

Oxford BioDynamics Plc (AIM: OBD) ("Oxford BioDynamics") is a biotechnology company focused on the discovery and development of epigenetic biomarkers for use within the pharmaceutical and biotechnology industry.

The Company's award-winning, proprietary technology platform, EpiSwitch(TM), aims to accelerate the drug discovery and development process, improve the success rate of therapeutic product development and take advantage of the increasing importance of personalised medicine.

In particular, EpiSwitch(TM) can reduce time to market, failure rates and the costs at every stage of drug discovery. Additionally, the technology provides significant insights into disease mechanisms for drug discovery and product re--positioning programmes and enables the personalisation of therapeutics for patients in the context of challenging pricing environments where improved clinical outcomes are critical.

In April 2019, Oxford BioDynamics received the Queen's Award for Enterprise: Innovation. The Queen's Awards for Enterprise are the most prestigious awards for UK businesses.

Oxford BioDynamics is headquartered in the UK, and listed on the London Stock Exchange's AIM under the ticker "OBD". For more information please visit www.oxfordbiodynamics.com.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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