REG - Oxford Nanopore Tech - Founder LTIP - Director/PDMR Notification

Oxford Nanopore TechnologiesAnnouncement

Wed 18:15

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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   Ordinary shares of £0.0001 each

     Identification code

                                                                  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                                          42,953

     - Aggregated price                                           Nil
 e)  Date of the transaction                                      28 April 2025
 f)  Place of the transaction                                     London Stock Exchange (XLON)

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   Ordinary shares of £0.0001 each

     Identification code

                                                                  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                                          20,188

     - Aggregated price

                                                                  £24,106.63
 e)  Date of the transaction                                      30 April 2025
 f)  Place of the transaction                                     London Stock Exchange (XLON)

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 (mailto:ir@nanoporetech.com)

Media

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

OxfordNanoporeTechnologies@teneo.com

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