Director Dealings / Market Share Purchase
Source: RNS
Director Dealings / Market Share Purchase
Oxford, UK - 26 June 2019: Oxford Biomedica plc ("Oxford Biomedica" or "the Group") (LSE: OXB), a leading gene and cell therapy group, today announces that Dr. Lorenzo Tallarigo, Chairman of the Group, has purchased 370 ordinary shares of 50p each ("Ordinary Shares") in the Company on 26 June 2019 on the London Stock Exchange at a price of 722.4p per share as set out below under the market share purchase agreement outlined in the Group's announcement on 15 December 2015.
Under the market share purchase agreement, one-third of Dr. Tallarigo's fees as Chairman, after tax, are to be used to purchase ordinary shares in Oxford Biomedica plc on a monthly basis at the prevailing market price.
Following this purchase Dr. Tallarigo holds 50,257 ordinary shares representing 0.07% of the Company.
The below notification, made in accordance with the requirements of the EU Market Abuse Regulation, gives further detail of the number of Ordinary Shares purchased.
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1. |
Details of the person discharging material responsibilities/person closely associated
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a. |
Name |
Lorenzo Tallarigo
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2. |
Reason for the notification
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a. |
Position/status |
Chairman |
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b. |
Initial notification /amendment |
Initial notification
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3. |
Details of the issuer, emission allowance, market participant, auction platform, auctioneer or auction monitor
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a. |
Name |
Oxford Biomedica plc
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b. |
Legal Entity Identifier |
213800S1GVQNXQ15K851
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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
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a. |
Description of the financial instrument, type of instrument identification code |
Oxford Biomedica plc Ordinary Shares of 50p each
GB00BDFBVT43
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b. |
Nature of the transaction |
Purchase of ordinary shares
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c. |
Currency |
GBP - British Pound
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d. |
Price(s) and volume(s) |
Price(s)
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Volume(s) |
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£7.224 |
370 |
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e. |
Aggregated information · Aggregated volume · Price · Aggregated total
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370
£7.224 £2,672.88
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f. |
Date of the transaction |
2019-06-26
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g. |
Place of the transaction |
London Stock Exchange, Main Market (XLON)
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The issued share capital of the Group is 76,767,420 ordinary 50p shares.
-Ends-
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For further information, please contact: |
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Oxford Biomedica plc: Stuart Paynter, Company Secretary |
Tel: +44 (0)1865 783 000 |
About Oxford Biomedica
Oxford Biomedica (LSE:OXB) is a leading gene and cell therapy group focused on developing life changing treatments for serious diseases. Oxford Biomedica and its subsidiaries (the "Group") have built a sector leading lentiviral vector delivery platform (LentiVector®), which the Group leverages to develop in vivo and ex vivo products both in-house and with partners. The Group has created a valuable proprietary portfolio of gene and cell therapy product candidates in the areas of oncology, ophthalmology and CNS disorders. The Group has also entered into a number of partnerships, including with Novartis, Sanofi, Axovant Gene Therapies, Orchard Therapeutics, Boehringer Ingelheim, the UK Cystic Fibrosis Gene Therapy Consortium and Imperial Innovations, through which it has long-term economic interests in other potential gene and cell therapy products. Oxford Biomedica is based across several locations in Oxfordshire, UK and employs more than 430 people. Further information is available at www.oxb.com
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