Directors Shareholdings

RNS Number : 5892A

Microgen PLC

21 March 2013

 



NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

On 21 March 2013 David Sherriff, Chief Executive Officer of Microgen plc, and Philip Wood, Group Finance Director of Microgen plc, increased their respective shareholdings to 438,466 (previously 189,000 shares) and 142,246 (previously 60,000 shares) respectively.

The increase in both Mr Sherriff and Mr Wood’s shareholding is as a result of the exercise of a total of 927,561 share options with a total of 595,849 shares sold to cover tax and other costs arising on the exercise of share options.  The following tables provide further details of the notification for Mr Sherriff and Mr Wood.

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
	DAVID SHERRIFF		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 5P 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
	DAVID SHERRIFF		EXERCISE OF SHARE OPTIONS AND PART SALE OF SHARES TO COVER EXERCISE COSTS AND TAX LIABILITY.
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 taken into account when calculating percentage)
	718,381 SHARES		0.87%
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)
	468,915 SHARES		0.57%
13.	Price per share or value of transaction	14.	Date and place of transaction
	75,000 SHARES PURCHASED AT AN OPTION PRICE OF 42.5 PENCE. 100,000 SHARES PURCHASED AT AN OPTION PRICE OF 70.5 PENCE. 397,991 SHARES PURCHASED AT AN OPTION PRICE OF 5 PENCE. 93,340 SHARES PURCHASED AT AN OPTION PRICE OF 5 PENCE. 52,050 SHARES PURCHASED AT AN OPTION PRICE OF 5 PENCE. 468,915 SHARES SOLD AT A PRICE OF 118 PENCE.		21 MARCH 2013, 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
	438,466 SHARES 0.53%		21 MARCH 2013

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 COMPANY'S CURRENT ISSUED SHARE CAPITAL WHICH IS 82,527,244		ANJUM O'NEILL, COMPANY SECRETARY, MICROGEN PLC: 020 7496 8100

This form is intended for use by an issuer to make a RIS notification required by DR 3.1.4R(1).

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
	PHILIP WOOD		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 5P 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
	PHILIP WOOD		EXERCISE OF SHARE OPTIONS AND PART SALE OF SHARES TO COVER EXERCISE COSTS AND TAX LIABILITY.
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 taken into account when calculating percentage)
	209,180 SHARES		0.25%
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)
	126,934 SHARES		0.15%
13.	Price per share or value of transaction	14.	Date and place of transaction
	93,340 SHARES PURCHASED AT AN OPTION PRICE OF 5 PENCE 70,005 SHARES PURCHASED AT AN OPTION PRICE OF 5 PENCE 45,835 SHARES PURCHASED AT AN OPTION PRICE OF 5 PENCE 126,934 SHARES SOLD AT 118 PENCE		21 MARCH 2013, 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
	142,246 SHARES 0.17%		21 MARCH 2013

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 COMPANY'S CURRENT ISSUED SHARE CAPITAL WHICH IS 82,527,244		ANJUM O'NEILL, COMPANY SECRETARY, MICROGEN PLC: 020 7496 8100

Name and signature of duly authorised officer of issuer responsible for making notification ANJUM O'NEILL, COMPANY SECRETARY, MICROGEN PLC Date of notification: 21 MARCH 2013 www.microgen.com

 

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