REG - Microgen PLC - Director/PDMR Shareholding <Origin Href="QuoteRef">MCGN.L</Origin>
RNS Number : 1304DMicrogen PLC22 October 2015NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
Ivan Martin has today purchased 200,000 ordinary shares in Microgen plc. Mr Martin will be joining the Microgen Board on 1 January 2016 as Non-Executive Director and Chairman Designate before assuming the role of Non-Executive Chairman after the release of the 2015 Results.
Martyn Ratcliffe, Chairman of Microgen plc, has today exercised 1,000,000 share options and sold the resulting shares. The share options were granted to Mr Ratcliffe in May 2008 with an exercise price of 52.33 pence and the accompanying performance conditions were fully satisfied. Mr Ratcliffes shareholding remains unchanged at 4,117,963 ordinary shares.
1.
Name of the issuer
2.
State whether the notification relates to (i) a transaction notified in accordance with DR 3.1.4R(1)(a); or
(ii) DR 3.1.4(R)(1)(b) a disclosure made in accordance with section 324 (as extended by section 328) of the Companies Act 1985; or
(iii) both (i) and (ii)
MICROGEN PLC
(iii)- both (i) and (ii)
3.
Name of person discharging managerial responsibilities/director
4.
State whether notification relates to a person connected with a person discharging
managerial responsibilities/director named in 3 and identify the connected person
MARTYN RATCLIFFE
N/A
5.
Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest
6.
Description of shares (including class), debentures or derivatives or financial instruments relating to shares
SEE 3 ABOVE
ORDINARY SHARES OF 6 3/7P EACH
7.
Name of registered shareholders(s) and, if more than one, the number of shares held by each of them
8
State the nature of the transaction
MARTYN RATCLIFFE
EXERCISE OF SHARE OPTIONS AND SALE OF RESULTING SHARES
9.
Number of shares, debentures or financial instruments relating to shares acquired
10.
Percentage of issued class acquired
(treasury shares of that class should not be takeninto account when calculating percentage)
1,000,000 SHARES
1.69%
11.
Number of shares, debentures or financial instruments relating to shares disposed
12.
Percentage of issued class disposed
(treasury shares of that class should
not be takeninto account when
calculating percentage)
1,000,000 SHARES
1.69%
13.
Price per share or value of transaction
14.
Date and place of transaction
1,000,000 SHARES PURCHASED AT AN OPTION PRICE OF 52.33 PENCE.
1,000,000 SHARES SOLD AT A PRICE OF 100 PENCE.
22 OCTOBER 2015, UK
15.
Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)
16.
Date issuer informed of transaction
4,117,963 SHARES
6.97%
22 OCTOBER 2015
If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes
17
Date of grant
18.
Period during which or date on which it can be exercised
N/A
N/A
19.
Total amount paid (if any) for grant of the option
20.
Description of shares or debentures involved (class and number)
N/A
N/A
21.
Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise
22.
Total number of shares or debentures over which options held following notification
N/A
N/A
23.
Any additional information
24.
Name of contact and telephone number for queries
INFORMATION IS BASED ON THE COMPANYS CURRENT ISSUED SHARE CAPITAL WHICH IS 59,060,521
PHILIP WOOD, GROUP FINANCE DIRECTOR, MICROGEN PLC " 020 7496 8100
1.
Name of the issuer
2.
State whether the notification relates to (i) a transaction notified in accordance with DR 3.1.4R(1)(a); or
(ii) DR 3.1.4(R)(1)(b) a disclosure made in accordance with section 324 (as extended by section 328) of the Companies Act 1985; or
(iii) both (i) and (ii)
MICROGEN PLC
(iii)- both (i) and (ii)
3.
Name of person discharging managerial responsibilities/director
4.
State whether notification relates to a person connected with a person
dischargingmanagerialresponsibilities/
director named in 3 and
identify the connected person
IVAN MARTIN
N/A
5.
Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest
6.
Description of shares (including class), debentures or derivatives or financial instruments relating to shares
SEE 3 ABOVE
ORDINARY SHARES OF 6 3/7P EACH
7.
Name of registered shareholders(s) and, if more than one, the number of shares held by each of them
8
State the nature of the transaction
IVAN MARTIN
PURCHASE OF SHARES
9.
Number of shares, debentures or financial instruments relating to shares acquired
10.
Percentage of issued class acquired
(treasury shares of that class should not be takeninto account when calculating percentage)
200,000 SHARES
0.34%
11.
Number of shares, debentures or financial instruments relating to shares disposed
12.
Percentage of issued class disposed
(treasury shares of that class should
not be taken into account when
calculating percentage)
N/A
N/A
13.
Price per share or value of transaction
14.
Date and place of transaction
200,000 SHARES PURCHASED AT 100 PENCE PER SHARE.
22 OCTOBER 2015, UK
15.
Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)
16.
Date issuer informed of transaction
200,000 SHARES
0.34%
22 OCTOBER 2015
If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes
17
Date of grant
18.
Period during which or date on which it can be exercised
N/A
N/A
19.
Total amount paid (if any) for grant of the option
20.
Description of shares or debentures involved (class and number)
N/A
N/A
21.
Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise
22.
Total number of shares or debentures over which options held following notification
N/A
N/A
23.
Any additional information
24.
Name of contact and telephone number for queries
INFORMATION IS BASED ON THE COMPANYS CURRENT ISSUED SHARE CAPITAL WHICH IS 59,060,521
PHILIP WOOD, GROUP FINANCE DIRECTOR, MICROGEN PLC " 020 7496 8100
Name and signature of duly authorised officer of issuer responsible for making notification
PHILIP WOOD, GROUP FINANCE DIRECTOR, MICROGEN PLC
Date of notification: 22 OCTOBER 2015
This information is provided by RNSThe company news service from the London Stock ExchangeENDRDSPGGGPUUPAGGP
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