OXB.L

Oxford Biomedica Plc
Oxford Biomedica PLC - Grant of options
5th November 2024, 14:23
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RNS Number : 0439L
Oxford Biomedica PLC
05 November 2024
 

 

Grant of options

 

Oxford, UK - 05 November 2024: Oxford Biomedica plc ("OXB" or the "Company"; LSE: OXB), a quality and innovation-led cell and gene therapy CDMO, today announces that on 03 October 2024 nil-cost share options over ordinary shares of 50 pence each in the Company were granted under the OXB 2024 Long Term Incentive Plan ("LTIP").

 

2024 RSU Awards

 

 

 

 

Type of RSU

Name of individual

Title

Number of shares subject to the DBP/LTIP/RSU award prior to 2024 award

Number of shares subject to the 2024 LTIP award

Total shares over which options now held

Percentage of current issued share capital under option

US RSU

Mark Caswell

Site Head of UK Operations

74,172*

23,352

97,524

0.09%

US RSU

John Maravich

Site Head of US Operations

15,020

14,862

29,882

0.03%

UK RSU

Sabine Sydow

Chief of Staff

12,516

7,599

20,115

0.02%

*74,172 granted to Mark Caswell prior to 2024 Award comprise LTIP award with performance conditions attached.

 

The UK RSU Awards will "vest" on 3 October 2027 and are not subject to performance conditions. The US RSU Awards are divided into four tranches, not subject to performance conditions and each tranche will "vest" on the anniversary of the award on 03/10/2025, 03/10/2026, 03/10/2027 and 03/10/2028 respectively

 

The Notification of Dealing Forms set out below are provided in accordance with the requirements of the EU Market Abuse Regulation.

Notification of Dealing Form

 

1.

Details of the Person Discharging Managerial Responsibility ("PDMR")/person closely associated with them ("PCA")

a)

Name

Mark Caswell  

2.

Reason for the notification

a)

Position/status

Site Head of UK Operations

b)

Initial notification/

amendment

Initial Notification

3.

Details of the Issuer

a)

Name

Oxford Biomedica plc

b)

LEI code

213800S1GVQNXQ15K851

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

 

Identification code

Ordinary Shares of 50 pence each

 

ISIN: GB00BDFBVT43

b)

Nature of the transaction

Grant of awards over Ordinary Shares under the Company's Long Term Incentive Plan. No consideration was paid for the grant of awards.

c)

Price(s) and volumes(s)

2024 LTIP US RSU Award

 

Price

Volume

Nil

23,352

d)

Aggregated information

-    Aggregate volume

 

-    Price

 

 

Awards granted over 23,352 shares in total

 

 

N/A

 

e)

Date of the transaction

2024-10-03

f)

Place of the transaction

Outside of trading venue

 

 

1.

Details of the Person Discharging Managerial Responsibility ("PDMR")/person closely associated with them ("PCA")

a)

Name

John Maravich  

2.

Reason for the notification

a)

Position/status

Site Head of US Operations

b)

Initial notification/

amendment

Initial Notification

3.

Details of the Issuer

a)

Name

Oxford Biomedica plc

b)

LEI code

213800S1GVQNXQ15K851

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

 

Identification code

Ordinary Shares of 50 pence each

 

ISIN: GB00BDFBVT43

b)

Nature of the transaction

Grant of awards over Ordinary Shares under the Company's Long Term Incentive Plan. No consideration was paid for the grant of awards.

c)

Price(s) and volumes(s)

2024 LTIP US RSU Award

 

Price

Volume

Nil

14,862

d)

Aggregated information

-    Aggregate volume

 

-    Price

 

 

Awards granted over 14,862 shares in total

 

 

N/A

 

e)

Date of the transaction

2024-10-03

f)

Place of the transaction

Outside of trading venue

 

 

1.

Details of the Person Discharging Managerial Responsibility ("PDMR")/person closely associated with them ("PCA")

a)

Name

Sabine Sydow  

2.

Reason for the notification

a)

Position/status

Chief of Staff

b)

Initial notification/

amendment

Initial Notification

3.

Details of the Issuer

a)

Name

Oxford Biomedica plc

b)

LEI code

213800S1GVQNXQ15K851

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

 

Identification code

Ordinary Shares of 50 pence each

 

ISIN: GB00BDFBVT43

b)

Nature of the transaction

Grant of awards over Ordinary Shares under the Company's Long Term Incentive Plan. No consideration was paid for the grant of awards.

c)

Price(s) and volumes(s)

2024 LTIP UK RSU Award

 

Price

Volume

Nil

7,599

d)

Aggregated information

-    Aggregate volume

 

-    Price

 

 

Awards granted over 7,599 shares in total

 

 

N/A

 

e)

Date of the transaction

2024-10-03

f)

Place of the transaction

Outside of trading venue

 

-Ends-

 

Enquiries:       

 

Oxford Biomedica plc:

Natalie Walter, Company Secretary

 

Tel: +44 (0)1865 783 000

 

About OXB

 

OXB (LSE: OXB) is a quality and innovation-led contract development and manufacturing organisation (CDMO) in cell and gene therapy with a mission to enable its clients to deliver life changing therapies to patients around the world.

 

One of the original pioneers in cell and gene therapy, OXB has more than 25 years of experience in viral vectors; the driving force behind the majority of cell and gene therapies. OXB collaborates with some of the world's most innovative pharmaceutical and biotechnology companies, providing viral vector development and manufacturing expertise in lentivirus, adeno-associated virus (AAV), adenovirus and other viral vector types. OXB's world-class capabilities span from early stage development to commercialisation. These capabilities are supported by robust quality-assurance systems, analytical methods and depth of regulatory expertise.

 

OXB offers a vast number of unique technologies for viral vector manufacturing, including a 4th generation lentiviral vector system (the Tetravecta™ system), dual plasmid system for AAV production, suspension and perfusion process using process enhancers and stable producer and packaging cell lines.

 

OXB, a FTSE4Good constituent, is headquartered in Oxford, UK. It has bioprocessing and manufacturing facilities across Oxfordshire, UK, Lyon and Strasbourg, France and near Boston, MA, US. Learn more at www.oxb.com, and follow us on LinkedIn and YouTube.

 

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