TIDMHZD
RNS Number : 4225J
Horizon Discovery Group plc
21 December 2020
Horizon Discovery Group plc
("Horizon" or the "Company")
Exercise of Options, Issue of Equity and Rule 2.9
announcement
Cambridge, UK - 21 December 2020: Horizon Discovery Group plc
(LSE: HZD), a cell engineering company focused on commercialising
the application of gene editing and gene modulation, announces
that, following the Court sanctioning the Scheme in relation with
the recommended cash offer by PerkinElmer UK earlier today, the
Company has today allotted and issued a total of 5,850,657 new
ordinary shares of GBP0.01 each in the Company ("Ordinary Shares")
pursuant to the exercise of options. This comprises 4,000,443
options exercised today, 21 December 2020, by certain employees and
former employees and 1,850,214 options exercised today by the
following PDMRs:
Name Number of options Respective Exercise Price
exercised option plan per share
Ian Gilham 57,300 EMI Scheme GBP0.6774
------------------ ------------- ---------------
Ian Gilham 85,950 EMI Scheme GBP0.8726
------------------ ------------- ---------------
Jayesh Pankhania 17,167 LTIP GBP1.7475
------------------ ------------- ---------------
Jayesh Pankhania 111,588 LTIP GBP1.7475
------------------ ------------- ---------------
Jayesh Pankhania 45,064 LTIP GBP0.01
------------------ ------------- ---------------
Jayesh Pankhania 419,817 LTIP GBP1.64
------------------ ------------- ---------------
Jayesh Pankhania 57,712 LTIP GBP0.01
------------------ ------------- ---------------
Siddhartha Kadia 150,000 LTIP GBP1.03
------------------ ------------- ---------------
Terry Pizzie 60,185 LTIP GBP1.62
------------------ ------------- ---------------
Terry Pizzie 7,812 LTIP GBP0.01
------------------ ------------- ---------------
Terry Pizzie 15,031 LTIP GBP1.57
------------------ ------------- ---------------
Terry Pizzie 41,401 LTIP GBP0.01
------------------ ------------- ---------------
Terry Pizzie 70,730 LTIP GBP0.01
------------------ ------------- ---------------
Terry Pizzie 624,594 LTIP GBP1.64
------------------ ------------- ---------------
Terry Pizzie 85,863 LTIP GBP0.01
------------------ ------------- ---------------
As a result of the option exercises, the PDMRs have increased
their shareholdings as detailed below:
Options exercised No. of ordinary No. of ordinary
in aggregate shares in which shares held in
the Directors (or the Company following
their close relatives) the option exercises
had an interest
before the option
exercise
Ian Gilham 143,250 145,592 288,842
------------------ ----------------------- -----------------------
Terry Pizzie 905,616 42,285 947,901
------------------ ----------------------- -----------------------
Jayesh Pankhania 651,348 90,768 742,116
------------------ ----------------------- -----------------------
Siddhartha
Kadia 150,000 0 150,000
------------------ ----------------------- -----------------------
As a result of the exercise of options, application has been
made for the 5,850,657 new Ordinary Shares to be admitted to
trading on AIM ("Admission") and it is expected that Admission will
become effective and trading will commence at 8.00 a.m. on 22
December 2020. The new Ordinary Shares will rank pari passu with
the existing shares of the Company.
In accordance with Rule 2.9 of the City Code on Takeovers and
Mergers, Horizon confirms that, on 21 December 2020 (the date of
this announcement), it has 164,214,591 ordinary shares of GBP0.01
each in issue. The International Securities Identification Number
("ISIN") for the Company's ordinary shares is GB00BK8FL363.
The above figure (164,214,591) may be used by shareholders (and
others with notification obligations) as the denominator for the
calculation by which they will determine if they are required to
notify their interest in, or a change to their interest in, the
Company under the FCA's Disclosure Guidance and Transparency
Rules.
Capitalised terms used in this announcement (the
"Announcement"), unless otherwise defined, have the same meanings
as set out in the Scheme Document.
Enquiries:
Horizon
Terry Pizzie, Chief Executive Officer Tel: +44 (0) 122365
5580
Jayesh Pankhania, Chief Financial Officer
Jon Davies, Head of Investor Relations
Evercore (Lead Financial Adviser to Horizon)
Simon Elliott Tel: +44 (0) 20 7653 6000
Edward Banks
Numis (Joint Financial Adviser, Broker and NOMAD to Horizon)
Freddie Barnfield Tel: +44 (0) 20 7260 1000
Stuart Ord
Duncan Monteith
Consilium Strategic Communications (Financial Media and UK
Investor Relations Adviser to Horizon)
Mary-Jane Elliott Tel: +44 (0) 7720 088 468
Matthew Neal
Melissa Gardiner
1. Details of Persons Discharging Managerial Responsibilities
('PDMR') / person closely associated with them ('PCA')
a) Name Ian Gilham
2. Reason for notification
a) Position / status Non-executive Chairman
b) Initial notification Initial Notification
/ amendment
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
a) Name Horizon Discovery Group plc
b) LEI 213800L812B9NI5M3G89
4. Details of the transaction(s):
a) Description of the financial O ptions over ordinary shares of GBP0.01
instrument each
Identification code
ISIN: GB00BK8FL363
b) Nature of the transaction Exercise of options
c) Price(s) and volume(s) Exercise Price
Number of options per share
------------------
57,300 GBP0.6774
85,950 GBP0.8726
d) Aggregated information
Aggregated volume 143,250
Price GBP113,814.99
e) Date of the transaction 21 December 2020
f) Place of the transaction London Stock Exchange, AIM
1. Details of Persons Discharging Managerial Responsibilities
('PDMR') / person closely associated with them ('PCA')
a) Name Terry Pizzie
2. Reason for notification
a) Position / status Chief Executive Officer
b) Initial notification Initial Notification
/ amendment
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
a) Name Horizon Discovery Group plc
b) LEI 213800L812B9NI5M3G89
4. Details of the transaction(s):
a) Description of the financial O ptions over ordinary shares of GBP0.01
instrument each
Identification code
ISIN: GB00BK8FL363
b) Nature of the transaction Exercise of options
c) Price(s) and volume(s) Exercise Price
Number of options per share
------------------
60,185 GBP1.62
7,812 GBP0.01
15,031 GBP1.57
41,401 GBP0.01
70,730 GBP0.01
624,594 GBP1.64
85,863 GBP0.01
d) Aggregated information
Aggregated volume 905,616
Price GBP1,147,490.59
e) Date of the transaction 21 December 2020
f) Place of the transaction London Stock Exchange, AIM
1. Details of Persons Discharging Managerial Responsibilities
('PDMR') / person closely associated with them ('PCA')
a) Name Jayesh Pankhania
2. Reason for notification
a) Position / status Chief Financial Officer
b) Initial notification Initial Notification
/ amendment
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
a) Name Horizon Discovery Group plc
b) LEI 213800L812B9NI5M3G89
4. Details of the transaction(s):
a) Description of the financial O ptions over ordinary shares of GBP0.01
instrument each
Identification code
ISIN: GB00BK8FL363
b) Nature of the transaction Exercise of options
c) Price(s) and volume(s) Exercise Price
Number of options per share
------------------
17,167 GBP1.7475
111,588 GBP1.7475
45,064 GBP0.01
419,817 GBP1.64
57,712 GBP0.01
d) Aggregated information
Aggregated volume 651,348
Price GBP914,527.00
e) Date of the transaction 21 December 2020
f) Place of the transaction London Stock Exchange, AIM
1. Details of Persons Discharging Managerial Responsibilities
('PDMR') / person closely associated with them ('PCA')
a) Name Siddhartha Kadia
2. Reason for notification
a) Position / status Non-executive Director
b) Initial notification Initial Notification
/ amendment
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
a) Name Horizon Discovery Group plc
b) LEI 213800L812B9NI5M3G89
4. Details of the transaction(s):
a) Description of the financial O ptions over ordinary shares of GBP0.01
instrument each
Identification code
ISIN: GB00BK8FL363
b) Nature of the transaction Exercise of options
c) Price(s) and volume(s) Exercise Price
Number of options per share
------------------
150,000 GBP1.03
d) Aggregated information
Aggregated volume 150,000
Price GBP154,500.00
e) Date of the transaction 21 December 2020
f) Place of the transaction London Stock Exchange, AIM
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END
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