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Regulatory Story
Company Oxford Biomedica PLC
TIDM OXB
Headline Director Dealings / Market Share Purchase
Released 12:57 26-Mar-2019
Number 0582U12

RNS Number : 0582U
Oxford Biomedica PLC
26 March 2019
 

 

 

 

Director Dealings / Market Share Purchase

 

Oxford, UK - 26 March 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 382 ordinary shares of 50p each ("Ordinary Shares") in the Company on 25 March 2019 on the London Stock Exchange at a price of 695.4p 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 49,120 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.

 

 1.

Details of the person discharging material responsibilities/person closely                 associated

 

 a.

Name

 Lorenzo Tallarigo

 

 2.

Reason for the notification

 

 a.

Position/status

 Chairman

 b.

Initial notification /amendment

 Initial notification

 

3.

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

 

 a.

Name

 Oxford Biomedica plc

 

 b.

Legal Entity Identifier

 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, type of instrument identification code

 Oxford Biomedica plc Ordinary Shares of 50p each

 

 

 GB00BDFBVT43

 

b.

Nature of the transaction

 Purchase of ordinary shares

 

c.

Currency

 GBP - British Pound

 

d.

Price(s) and volume(s)

 

Price(s)

 

 

Volume(s)

£6.95

382

 

 

 

 

e.

Aggregated information

·      Aggregated volume

·      Price

·      Aggregated total

 

 

 382

 

 £6.9543

 £2,656.54

 

f.

Date of the transaction

 2019-02-25

 

g.

Place of the transaction

 London Stock Exchange, Main Market (XLON)

 

 

 

The issued share capital of the Group is 66,129,701 ordinary 50p shares.

 

 

 

 

 

-Ends-

 

For further information, please contact:

 

 

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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