Horizon Discovery Group plc
Additional Block Listing and Total Voting Rights
22 October 2019: Horizon Discovery Group plc (LSE: HZD) ("Horizon") announces that an application has been made to the London Stock Exchange for a block admission of 1,500,000 new ordinary shares of 1p each in the Capital of the Company ("New Ordinary Shares") to be admitted to trading on AIM (the "Block Admission"). It is expected that Admission will occur on 28 October 2019.
These New Ordinary Shares shall be issued and allotted from time to time pursuant to the exercise of share options under the following employee share plans:
· Horizon Discovery Group plc Long Term Incentive Plan (up to 500,000 shares)
· Horizon Discovery 2014 Sharesave Scheme (up to 500,000 shares)
· Horizon Discovery Group plc US Employee Stock Purchase Plan (up to 500,000 shares)
The new ordinary shares, when issued, will rank pari passu with the existing shares of the Company.
Total voting rights
As at 22 October 2019, the Company's issued share capital consisted of 150,481,842 ordinary shares of 1p each with voting rights. The Company does not hold any ordinary shares in Treasury.
The total number of voting rights in the Company is therefore 150,481,842.
Following admission of the New Ordinary Shares, the Company's issued share capital will remain unchanged at 150,481,842. The Company will continue to make six-monthly announcements of the utilisation of the Block Admission, in line with its obligations under AIM Rule 29.
The figure 150,481,842 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Horizon Discovery Group plc under the FCA's Disclosure and Transparency Rules.
For further information from Horizon Discovery Group plc, please contact:
Horizon Discovery Group plc
Terry Pizzie, Chief Executive Officer
Jayesh Pankhania, Chief Financial Officer
Jon Davies, Head of Investor Relations
Tel: +44 (0) 1223 655 580
Numis Securities Limited (Broker and NOMAD)
Freddie Barnfield / Tom Ballard / Duncan Monteith
Tel: +44 (0) 207 260 1000
Consilium Strategic Communications (UK Financial Media and Investor Relations)
Mary-Jane Elliott / Matthew Neal / Melissa Gardiner
Tel: +44 (0) 20 3709 5700
Westwicke, an ICR Company (US Investor Relations)
About Horizon Discovery Group plc www.horizondiscovery.com
Horizon Discovery Group plc (LSE: HZD) ("Horizon") drives the application of gene editing and gene modulation within the global life science market - supporting scientists on the path from research to therapy.
Built upon more than a decade of experience in the engineering of cell lines, Horizon offers an unmatched portfolio of tools and services to help scientists gain a greater understanding of gene function, identify genetic drivers behind human disease, deliver biotherapeutics, cellular and gene therapies for precision medicine as well as develop and validate diagnostic workflows.
Horizon's solutions enable almost any gene to be altered, or its function modulated, in human and other mammalian cell lines.
The Company's customers include many of the world's foremost academic institutes, global biopharmaceutical and biotechnology companies as well as clinical diagnostic laboratories. Insight into the challenges faced by these organizations enables Horizon to focus efforts on development of innovative solutions that not only differentiate the Company's offering, but also fuel development of the next wave of precision medicines.
Horizon is headquartered in Cambridge, UK with offices in USA and Japan. The Group is listed on the London Stock Exchange's AIM market under the ticker HZD.
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