ABZA.L

Abzena Plc
Abzena PLC - Exercise of options
10th October 2018, 13:40
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RNS Number : 6355D
Abzena PLC
10 October 2018
 

 

Abzena plc

 

Exercise of options

 

Cambridge, UK, 10 October 2018 - Abzena plc (AIM: ABZA, 'Abzena', the 'Company' or the 'Group') announces that, on 10 October 2018, 672,980 new ordinary shares of £0.002 each in the Company ('Ordinary Shares') were issued and allotted following the exercise of share options by employees and former employees.  The new Ordinary Shares rank pari passu with the Company's existing issued Ordinary Shares and have been admitted to trading on AIM under the Company's block admission. 

 

Total voting rights

 

Following the issue of the 672,980 new Ordinary Shares as set out above, the Company's issued share capital comprises 214,893,379 Ordinary Shares with voting rights. No Ordinary Shares are held in treasury. The total number of voting rights in the Company is therefore 214,893,379. This figure of 214,893,379 Ordinary Shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.

 

 

Director

New Ordinary Shares resulting from option exercises

Direct and indirect interest in Ordinary Shares1

% of issued share capital1

John Burt

151,673

2,302,238

1.1%

Julian Smith

83,253

608,672

0.3%

 

1 As enlarged by the issue of 672,980 new Ordinary Shares pursuant to the option exercise.

 

 

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

 

1          Details of the person discharging managerial responsibilities/person closely associate

 

1(a)

Name

John Burt

1(b)

Position / Status

Chief Executive Officer

 

2          Reason for the Notification

 

2(a)

Reason

Exercise of Stock Options

2(b)

Initial notification / amendment

Initial

 

3          Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

3(a)

Name

Abzena plc

3(b)

Legal Entity Identifier ("LEI")

213800SB5JV4O28JRM14

 

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

 

4(a)

Description of the financial instrument, type of instrument

 

Abzena plc ordinary shares of £0.002 each

 

Identification code

 

GB00BN65QN46

4(b)

Nature of transaction

Exercise of 151,673 stock options

 

4(c)

Price(s) and volumes(s)

Price

Volume

 

 

£0.0002

(exercise price)

151,673

 

4(d)

Aggregated information

Price

Volume

 

 

£0.0002

(exercise price)

151,673

 

4(e)

Date of transaction

10 October 2018

 

4(f)

Place of the transaction

N/a

 

 

 

 

 

 

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

 

1          Details of the person discharging managerial responsibilities/person closely associate

 

1(a)

Name

Julian Smith

1(b)

Position / Status

Director

 

2          Reason for the Notification

 

2(a)

Reason

Exercise of Stock Options

2(b)

Initial notification / amendment

Initial

 

3          Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

3(a)

Name

Abzena plc

3(b)

Legal Entity Identifier ("LEI")

213800SB5JV4O28JRM14

 

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

 

4(a)

Description of the financial instrument, type of instrument

 

Abzena plc ordinary shares of £0.002 each

 

Identification code

 

GB00BN65QN46

4(b)

Nature of transaction

Exercise of 83,253 stock options

 

4(c)

Price(s) and volumes(s)

Price

Volume

 

 

£0.0002

(exercise price)

83,253

4(d)

Aggregated information

Price

Volume

 

 

£0.0002

(exercise price)

83,253

4(e)

Date of transaction

10 October 2018

 

4(f)

Place of the transaction

N/a

 

 

   

-Ends-

 

Enquiries:

 

Abzena plc

John Burt, Chief Executive Officer

 

+44 1223 903498

N+1 Singer (Nomad & Broker)

Aubrey Powell / Ben Farrow

 

+44 20 7496 3000

Instinctif Partners

Melanie Toyne Sewell / Rozi Morris / Alex Shaw

 

+44 20 7457 2020

abzena@instinctif.com

 

Notes to Editors

 

About Abzena

Abzena (AIM: ABZA) provides proprietary technologies and complementary services to enable the development and manufacture of biopharmaceutical products.

 

The term 'ABZENA Inside' is used by Abzena to describe products that have been created using its proprietary technologies and are being developed by its partners, and include Composite Human Antibodies™ and ThioBridge™ Antibody Drug Conjugates (ADCs). Abzena has the potential to earn future licence fees, milestone payments and/or royalties on ABZENA Inside products.

 

Abzena offers the following services and technologies across its principal sites in Cambridge (UK), San Diego, California (USA) and Bristol, Pennsylvania (USA):

 

·      Biology research studies, including immunogenicity assessment of candidate biopharmaceutical products and bioassay development;

·      Protein engineering to create humanized antibodies and deimmunised therapeutic proteins;

·      Cell line development for the manufacture of recombinant proteins and antibodies;

·      Contract process development and GMP manufacture of biopharmaceuticals, including monoclonal antibodies and recombinant proteins for preclinical and clinical studies;

·      Contract synthetic chemistry and bioconjugation research services, focused on antibody-drug conjugates (ADCs);

·      Proprietary site-specific conjugation technologies and novel payloads for ADC development;

·      GMP manufacturing of ADC linkers, payloads & combined linker-payloads; and

·      GMP analytical services for biopharmaceutical manufacturing projects.

 

For more information, please see www.abzena.com.


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