Oxford BioDynamics - PDMR Dealing / Grant of Share Options

Oxford Biodynamics

03/03/2025 07:00

RNS Number : 0022Z

Oxford BioDynamics PLC

03 March 2025

 

 

 

3 March 2025                                            

Oxford BioDynamics Plc

("OBD" or the "Company" and, together with its subsidiaries, the "Group")

 

PDMR Dealing / Grant of Share Options

Oxford BioDynamics Plc (AIM: OBD, the Company),  a precision clinical diagnostics company bringing specific and sensitive tests to the practice of medicine based on its EpiSwitch® 3D genomics platform, announces that it has today granted a total of 218,000,000 options over its ordinary shares of 0.1 pence each ("Ordinary Shares"), to Group employees and advisers, including certain directors and PDMRs of the Company, as outlined in the table below.

The options were granted under the Company's 2016 Employee and Non-Employee Share Option Plans with an exercise price of 0.55p per share, being the closing share price on 28 February 2025, the business day immediately preceding the grant of the options. Prior to the grant, Chief Financial Officer Paul Stockdale surrendered 70,000 share options originally awarded in 2018.

96,000,000 options have been award to Executive Chairman Iain Ross; 4,000,000 of these options will vest immediately and the remaining 92,000,000 options will vest in 23 equal instalments on the final day of each month to January 2027. All other newly-granted options will vest in three equal tranches on the first, second and third anniversaries of the date of grant. Vested options will remain exercisable up to and including the tenth anniversary of the date of grant.

Following this grant, the individuals referred to above hold options over Ordinary Shares and are interested in Ordinary Shares as follows:

New options granted
Total number of options over Ordinary Shares
Ordinary Shares held
Number
% of current issued share capital
Iain Ross, Executive Chairman
96,000,000
96,000,000
10,000,000
0.51
Alexandre Akoulitchev, Chief Scientific Officer
18,000,000
19,596,131
7,562,296
0.39
David Blum, SVP of Marketing
18,000,000
18,462,500
744,611
0.04
Thomas Guiel, Chief Operations Officer
18,000,000
18,650,000
1,288,146
0.07
Ewan Hunter, Chief Data Officer
18,000,000
18,660,000
722,754
0.04
Paul Stockdale, Chief Financial Officer
18,000,000
18,980,000
3,077,919
0.16

 

The notifications below, made in accordance with the requirements of UK Market Abuse Regulation, provide further details:

1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Alexandre Akoulitchev
2
Reason for the notification
a)
Position/status
Director/PDMR
b)
Initial notification/ Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Oxford BioDynamics Plc
b)
LEI
2138005Y1TK258O5U928
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 0.1 pence each
ISIN: GB00BD5H8572
b)
Nature of the transaction
Grant of share options
c)
Price(s) and volume(s)
18,000,000 ordinary shares at an exercise price of 0.55 pence per share
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
3 March 2025
f)
Place of the transaction
Outside a trading venue

 

 

 

 

1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
David Blum
2
Reason for the notification
a)
Position/status
PDMR
b)
Initial notification/ Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Oxford BioDynamics Plc
b)
LEI
2138005Y1TK258O5U928
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 0.1 pence each
ISIN: GB00BD5H8572
b)
Nature of the transaction
Grant of share options
c)
Price(s) and volume(s)
18,000,000 ordinary shares at an exercise price of 0.55 pence per share
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
3 March 2025
f)
Place of the transaction
Outside a trading venue

 

 

 

1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Thomas Guiel
2
Reason for the notification
a)
Position/status
PDMR
b)
Initial notification/ Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Oxford BioDynamics Plc
b)
LEI
2138005Y1TK258O5U928
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 0.1 pence each
ISIN: GB00BD5H8572
b)
Nature of the transaction
Grant of share options
c)
Price(s) and volume(s)
18,000,000 ordinary shares at an exercise price of 0.55 pence per share
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
3 March 2025
f)
Place of the transaction
Outside a trading venue

 

 

 

 

1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Ewan Hunter
2
Reason for the notification
a)
Position/status
PDMR
b)
Initial notification/ Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Oxford BioDynamics Plc
b)
LEI
2138005Y1TK258O5U928
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 0.1 pence each
ISIN: GB00BD5H8572
b)
Nature of the transaction
Grant of share options
c)
Price(s) and volume(s)
18,000,000 ordinary shares at an exercise price of 0.55 pence per share
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
3 March 2025
f)
Place of the transaction
Outside a trading venue

 

 

 

 

1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Iain Ross
2
Reason for the notification
a)
Position/status
Director/PDMR
b)
Initial notification/ Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Oxford BioDynamics Plc
b)
LEI
2138005Y1TK258O5U928
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 0.1 pence each
ISIN: GB00BD5H8572
b)
Nature of the transaction
Grant of share options
c)
Price(s) and volume(s)
96,000,000 ordinary shares at an exercise price of 0.55 pence per share
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
3 March 2025
f)
Place of the transaction
Outside a trading venue

 

 

 

1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Paul Stockdale
2
Reason for the notification
a)
Position/status
Director/PDMR
b)
Initial notification/ Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Oxford BioDynamics Plc
b)
LEI
2138005Y1TK258O5U928
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 0.1 pence each
ISIN: GB00BD5H8572
b)
Nature of the transaction
Surrender and grant of share options
c)
Price(s) and volume(s)
Options over 70,000 ordinary shares at an exercise price of £1.70 per share cancelled
Options over 18,000,000 ordinary shares at an exercise price of 0.55 pence per share granted
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Dates of the transactions
28 February, 3 March 2025
f)
Place of the transaction
Outside a trading venue

 

 

 

-Ends-

For further details please contact:

Oxford BioDynamics Plc
Tel: +44 (0)1865 518910
Iain Ross Executive Chairman
Paul Stockdale, CFO
Shore Capital - Nominated Adviser and Broker
Tel: +44 (0)20 7408 4090
Advisory: Stephane Auton / Lucy Bowden
Broking: Fiona Conroy
OAK Securities - Joint Broker
Tel: +44 (0)20 3973 3678
Jerry Keen / Henry Clarke / Damion Carruel
WG Partners - Joint Broker
Tel: +44 (0)20 3705 9330
David Wilson / Claes Spång / Satheesh Nadarajah / Erland Sternby
Camarco - Financial PR
Tel: +44 (0)20 3757 4980
Marc Cohen / Tilly Butcher / Fergus Young
OBDFinancial@camarco.co.uk

 

Notes to Editors

About Oxford BioDynamics Plc

Oxford BioDynamics Plc (AIM: OBD) is an international biotechnology company, advancing personalized healthcare by developing and commercializing precision clinical diagnostic tests for life-changing diseases.

Currently OBD has two commercially available products: the EpiSwitch® PSE (EpiSwitch Prostate Screening test) and EpiSwitch® CiRT (Checkpoint Inhibitor Response Test) blood tests. PSE boosts the predictive accuracy of a PSA test from 55% to 94% when testing the presence or absence of prostate cancer. CiRT is a highly accurate (85%) predictive response test to immuno-oncology checkpoint inhibitor treatments.

The tests are based on OBD's proprietary 3D genomic biomarker platform, EpiSwitch® which enables screening, evaluation, validation and monitoring of biomarkers to diagnose patients or determine how individuals might respond to a disease or treatment.

OBD's clinical smart tests have the potential to be used across a broader range of indications, and new tests are being developed in the areas of oncology, neurology, inflammation, hepatology and animal health.

The Group's headquarters and UK laboratories are in Oxford, UK. Its US operations and clinical laboratory are in Maryland, USA, along with a reference laboratory in Penang, Malaysia.

OBD is listed on the London Stock Exchange's AIM (LSE: OBD). For more information, please visit the Company's website, www.oxfordbiodynamics.com,  X (@OxBioDynamics) or LinkedIn.

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