Director/PDMR Shareholding

By

Regulatory News | 11 May, 2018

Updated : 08:40

RNS Number : 7849N
Horizon Discovery Group plc
11 May 2018
 

Horizon Discovery Group plc

Director/PDMR Shareholding

 

Cambridge, UK, 11 May 2018: Horizon Discovery Group plc (LSE: HZD) ("Horizon", "the Group" or "the Company"), a global leader in gene editing and gene modulation technologies, announces that the following options were granted over ordinary shares of 1 pence each in the Company ("Ordinary Shares") to certain Directors on 10 May 2018 in line with the Company's Long Term Incentive Plan:

Director

Number of Ordinary Shares over which options granted

Exercise price per share

Terry Pizzie 

               

41,401

 

£0.01

Terry Pizzie    

            

15,031

 

£1.57

Richard Vellacott        

 

37,038

 

£1.57

The options with a £0.01 exercise price will vest equally on each of the second, third and fourth anniversaries of the date of grant.  The options with a £1.57 exercise price will vest equally on each of the first, second and third anniversaries of the date of grant.

 The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

 

Notification and public disclosure of transactions by person discharging managerial responsibilities.

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Terry Pizzie

2

Reason for the notification

a)

Position/status

Chief Executive Officer - PDMR

b)

Initial notification /Amendment

Initial Notification

3

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

a)

Name

Horizon Discovery Group plc

 

b)

Legal Entity Identifier

N/A

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

Ordinary shares of 1.0 pence each

 

 

 

GB00BK8FL363

b)

Nature of the transaction

Grant of Options

c)

Currency

GBP

d)

Price(s) and volume(s)

Exercise Price

No. of shares

£0.01

41,401

 

£1.57

15,031

 

 

e)

Aggregated information

- Aggregated volume

- Price

- Aggregated total

 

 

n/a

f)

Date of the transaction

10 May 2018

g)

Place of the transaction

London Stock Exchange, AIM

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Richard Vellacott

2

Reason for the notification

a)

Position/status

Chief Financial Officer - PDMR

b)

Initial notification /Amendment

Initial Notification

3

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

a)

Name

Horizon Discovery Group plc

 

b)

Legal Entity Identifier

N/A

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

Ordinary shares of 1.0 pence each

 

 

 

GB00BK8FL363

b)

Nature of the transaction

Grant of Options

c)

Currency

GBP

d)

Price(s) and volume(s)

Exercise Price

No. of shares

£1.57

37,038

 

 

e)

Aggregated information

- Aggregated volume

- Price

- Aggregated total

 

 

n/a

f)

Date of the transaction

10 May 2018

g)

Place of the transaction

London Stock Exchange, AIM

 

ENDS

For further information from Horizon Discovery Group plc, please contact:

Horizon Discovery Group plc

Ian Gilham, Executive Chairman

Terry Pizzie, Chief Executive Officer

Richard Vellacott, Chief Financial Officer

Tel: +44 (0) 1223 655 580

 

Numis Securities Limited (Broker and NOMAD)

Michael Meade / Freddie Barnfield

Tel: +44 (0) 207 260 1000

 

Consilium Strategic Communications (Financial Media and Investor Relations)

Mary-Jane Elliott / Matthew Neal / Melissa Gardiner

Tel: +44 (0) 20 3709 5700

Email: horizon@consilium-comms.com

About Horizon Discovery Group plc www.horizondiscovery.com

Horizon Discovery Group plc (LSE: HZD) ("Horizon") is a world leader in gene editing and gene modulation technologies. Horizon designs and engineers cells using its translational genomics platform, a highly precise and flexible suite of DNA editing tools (rAAV, ZFN, CRISPR and Transposon) and, following the acquisition of Dharmacon, Inc., its functional genomics platform comprising gene knockdown (RNAi) and gene expression (cDNA, ORF) tools, for research and clinical applications that advance human health. Horizon's platforms and capabilities enable researchers to alter almost any gene or modulate its function in human or mammalian cell-lines.

Horizon offers an extensive range of catalogue products and related research services to support a greater understanding of the function of genes across all species and the genetic drivers of human disease and the development of personalised molecular, cell and gene therapies. These have been adopted by over 10,000 academic, drug discovery, drug manufacturing and clinical diagnostics customers around the globe, as well as in the Company's own R&D pipeline.

Horizon is headquartered in Cambridge, UK, and is listed on the London Stock Exchange's AIM market under the ticker "HZD".

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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