Oxford Nanopore Tech - Founder LTIP - Director/PDMR Notification

Oxford Nanopore Technologies

30/04/2025 18:15

RNS Number : 9252G

Oxford Nanopore Technologies plc

30 April 2025

 

30 April 2025

Oxford Nanopore Technologies plc (the "Company")

Release of shares under legacy Founder LTIP - Director/PDMR Notification

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

In June 2021, the Company granted a one-off legacy conditional performance-related award under the Oxford Nanopore Technologies Limited Long-Term Incentive Plan 2021 approved by shareholders prior to the Company's initial public offering ("Founder LTIP").

As previously disclosed, a proportion of this award vested in April 2023 subject to a post-vesting holding period ending on the second anniversary of the vesting date. On 28 April 2025, 42,953 ordinary shares of £0.0001 each ("Ordinary Shares") were released under the Founder LTIP to Gordon Sanghera, a Director and a Person Discharging Managerial Responsibilities.

On 30 April 2025, Gordon Sanghera then sold sufficient Ordinary Shares to meet his tax liabilities in respect of the release of his award, with the balance of Ordinary Shares retained.

Gordon Sanghera - release of the award granted under the Founder LTIP

1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Gurdial (Gordon) Sanghera
2
Reason for the notification
a)
Position/status
Chief Executive Officer
b)
Initial/Amendment notification
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Oxford Nanopore Technologies plc
b)
LEI
213800IRWQ2Q6M2CDW55
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 £0.0001 each
GB00BP6S8Z30
b)
Nature of the transaction
Release of the award granted under the Oxford Nanopore Technologies Limited Long-Term Incentive Plan 2021
c)
Price(s) and volumes(s)
Price(s)
Volume(s)
Nil
42,953
d)
Aggregated information
- Aggregated volume
- Aggregated price
42,953
Nil
e)
Date of the transaction
28 April 2025
f)
Place of the transaction
London Stock Exchange (XLON)

 

Gordon Sanghera - Sale of shares to satisfy tax under the Founder LTIP

1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Gurdial (Gordon) Sanghera
2
Reason for the notification
a)
Position/status
Chief Executive Officer
b)
Initial/Amendment notification
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Oxford Nanopore Technologies plc
b)
LEI
213800IRWQ2Q6M2CDW55
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 £0.0001 each
GB00BP6S8Z30
b)
Nature of the transaction
Sale of sufficient shares to fund the tax liabilities. Balance of shares retained.
c)
Price(s) and volumes(s)
Price(s)
Volume(s)
£1.194107
20,188
d)
Aggregated information
- Aggregated volume
- Aggregated price
20,188
£24,106.63
e)
Date of the transaction
30 April 2025
f)
Place of the transaction
London Stock Exchange (XLON)

 

[ENDS]

Enquiries:

Investors

ir@nanoporetech.com 

Media 

media@nanoporetech.com

OxfordNanoporeTechnologies@teneo.com

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