REG - Oxford Nanopore Tech - Class A LAT share - Director/PDMR Notification

Oxford Nanopore TechnologiesAnnouncement

28/11/2024 07:00

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RNS Number : 9017N  Oxford Nanopore Technologies plc  28 November 2024

28 November 2024

Oxford Nanopore Technologies plc (the "Company")

Gift of class A limited anti-takeover share - Director/PDMR Notification

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

As part of the Company's initial public offering, Gordon Sanghera, a Director
and a Person Discharging Managerial Responsibilities, was issued one class A
limited anti-takeover share of £1.00 in the capital of the Company (the
"Class A LAT Share") on 5 October 2021.

As outlined in the Company's IPO Prospectus, the Class A LAT Share ceased to
carry any of its rights on 5 October 2024, being the third anniversary of
admission. Consequently, as previously disclosed, Gordon Sanghera agreed to
gift the Class A LAT Share to the Company, following which the Company would
immediately cancel such share in accordance with section 662 of the Companies
Act 2006.

On 26 November 2024, Gordon Sanghera gifted the Class A LAT Share to the
Company for nil consideration.

Gordon Sanghera - gift of class A limited anti-takeover share to the Company

 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   Class A limited anti-takeover share of £1.00 each

     Identification code

                                                                  N/A
 b)  Nature of the transaction                                    Gift of the class A limited anti-takeover share to the Company to facilitate
                                                                  cancellation
 c)  Price(s) and volumes(s)

Price(s)  Volume(s)
                                                                  Nil       1
 d)  Aggregated information

     - Aggregated volume                                          1

     - Aggregated price                                           Nil
 e)  Date of the transaction                                      26 November 2024
 f)  Place of the transaction                                     N/A (class A limited anti-takeover share not listed)

d)

Aggregated information

- Aggregated volume

- Aggregated price

 

1

Nil

e)

Date of the transaction

26 November 2024

f)

Place of the transaction

N/A (class A limited anti-takeover share not listed)

 

 ENDS 

Enquiries:

Investors

ir@nanoporetech.com (mailto:ir@nanoporetech.com)

Media

media@nanoporetech.com (mailto:media@nanoporetech.com)

OxfordNanoporeTechnologies@teneo.com

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