TIDMOBD

RNS Number : 1575L

Oxford BioDynamics PLC

01 September 2023

Oxford BioDynamics PLC

Amendment: Director/PDMR Dealings

1 September 2023 - Oxford, UK - Oxford BioDynamics PLC (AIM: OBD, "OBD" or the "Company"), a biotechnology company developing precision medicine tests based on the EpiSwitch(R) 3D genomics platform, announces that it has received notice from Vulpes Investment Management Pte Ltd ("Vulpes") that on 26 January 2023 the Vulpes Testudo Fund purchased 443,673 Ordinary Shares of 1 pence each ("Ordinary Shares") at an average price of 14.75p rather than 343,673 Ordinary Shares of 1 pence each ("Ordinary Shares") at an average price of 14.7p as previously announced.

Therefore, Vulpes is currently interested in 28,448,756 shares in total. Vulpes is controlled by Non-Executive Director, Stephen Diggle, who is therefore deemed to be interested in a total of 28,448,756 shares, representing approximately 14.06% of the Company's current issued share capital.

The corrected notification below, made in accordance with the requirements of UK Market Abuse Regulation, provides further details:

 
      Details of the person discharging managerial responsibilities 
  1    / person closely associated 
 a)   Name                        Stephen Diggle 
     --------------------------  ------------------------------------- 
      Reason for the notification 
  2 
     ----------------------------------------------------------------- 
 a)   Position/status             Director/PDMR 
     --------------------------  ------------------------------------- 
 b)   Initial notification        Amendment 
       /Amendment 
     --------------------------  ------------------------------------- 
      Details of the issuer, emission allowance market participant, 
  3    auction platform, auctioneer or auction monitor 
     ----------------------------------------------------------------- 
 a)   Name                        Oxford BioDynamics Plc 
     --------------------------  ------------------------------------- 
 b)   LEI                         2138005Y1TK258O5U928 
     --------------------------  ------------------------------------- 
      Details of the transaction(s): section to be repeated for 
  4    (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          Ordinary Shares of 1p par value each 
       financial instrument, 
       type of instrument          ISIN: GB00BD5H8572 
       Identification code 
     --------------------------  ------------------------------------- 
 b)   Nature of the transaction   Purchase of Ordinary Shares 
     --------------------------  ------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)    Volume(s) 
                                    ----------  ---------- 
                                     GBP0.148    100,000 
                                                ---------- 
                                     GBP0.148    143,673 
                                                ---------- 
                                     GBP0.147    200,000 
                                                ---------- 
     --------------------------  ------------------------------------- 
 d)   Aggregated information 
       - Aggregated volume          443,673 
       - Price                      GBP0.1475 
     --------------------------  ------------------------------------- 
 e)   Date of the transaction     26 January 2023 
     --------------------------  ------------------------------------- 
 f)   Place of the transaction    XLON 
     --------------------------  ------------------------------------- 
 

For more information:

 
Oxford BioDynamics Plc                      Tel: +44 (0)1865 518910 
 Jon Burrows, CEO 
 Paul Stockdale, CFO 
Shore Capital - Nominated Adviser           Tel: +44 (0)20 7408 4090 
 Stephane Auton / Iain Sexton 
Instinctif Partners - Financial PR          Tel: +44 (0)20 7457 2020 
 Melanie Toyne-Sewell / Rozi Morris / Adam   OxfordBioDynamics@instinctif.com 
 Loudon 
 

About Oxford BioDynamics Plc

Oxford BioDynamics Plc (AIM: OBD) is a global biotechnology company, advancing personalized healthcare by developing and commercializing precision medicine tests for life-changing diseases.

Its flagship product is EpiSwitch(R) CiRT (Checkpoint Inhibitor Response Test) for cancer, a predictive immune response profile for immuno-oncology (IO) checkpoint inhibitor treatments, launched in February 2022.

OBD's next commercial product will be the Prostate Screening EpiSwitch(R) (PSE) blood test, due to be launched in Q4 2023.

In March 2021, the Company launched its first commercial prognostic test, EpiSwitch(R) CST (Covid Severity Test) and the first commercially available microarray kit for high-resolution 3D genome profiling and biomarker discovery, EpiSwitch(R) Explorer Array Kit , which is available for purchase by the life science research community.

The Company has developed a proprietary 3D genomic biomarker platform, EpiSwitch(R), which can build molecular diagnostic classifiers for the prediction of response to therapy, patient prognosis, disease diagnosis and subtyping, and residual disease monitoring in a wide range of indications.

Oxford BioDynamics has participated in more than 40 partnerships with big pharma and leading institutions including Pfizer, EMD Serono, Genentech, Roche, Biogen, Mayo Clinic, Massachusetts General Hospital and Mitsubishi Tanabe Pharma.

The Company has created a valuable technology portfolio, including biomarker arrays, molecular diagnostic tests, bioinformatic tools for 3D genomics and an expertly curated 3D genome knowledgebase comprising hundreds of millions of data points from over 10,000 samples in more than 30 human diseases.

OBD is headquartered in Oxford, UK and is listed on AIM of the London Stock Exchange. It also has a commercial office in Gaithersburg and a clinical laboratory in Frederick, MD, USA, and a reference laboratory in Penang, Malaysia.

For more information, please visit the Company's website, www.oxfordbiodynamics.com , or follow OBD on Twitter (@OxBioDynamics) and LinkedIn .

About EpiSwitch(R)

The 3D configuration of the genome plays a crucial role in gene regulation. By mapping this architecture and identifying abnormal configurations, EpiSwitch(R) can be used to diagnose patients or determine how individuals might respond to a disease or treatment.

Built on over 10 years of research, EpiSwitch(R) is Oxford Biodynamics' award-winning, proprietary platform that enables screening, evaluation, validation and monitoring of 3D genomic biomarkers. The technology is fully developed, based on testing of over 10,000 samples in 30 disease areas, and reduced to practice.

In addition to stratifying patients with respect to anticipated clinical outcomes, EpiSwitch(R) data offer insights into systems biology and the physiological manifestation of disease that are beyond the scope of other molecular modalities. The technology has performed well in academic medical research settings and has been validated through its integration in biomarker discovery and clinical development with big pharma.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

DSHFFLFBXKLXBBB

(END) Dow Jones Newswires

September 01, 2023 07:34 ET (11:34 GMT)

Oxford Biodynamics (LSE:OBD)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more Oxford Biodynamics Charts.
Oxford Biodynamics (LSE:OBD)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more Oxford Biodynamics Charts.