TIDMOBD
RNS Number : 9802Q
Oxford BioDynamics PLC
23 October 2023
Oxford BioDynamics Plc
( "OBD" or the "Company" and, together with its subsidiaries,
the "Group")
PDMR Dealing / Grant of Share Options
23 October 2023 - Oxford BioDynamics Plc (AIM: OBD, the
Company), a biotechnology company developing precision medicine
tests for immune health based on the EpiSwitch(R) 3D genomics
platform, announces that it has granted a total of 2,500,500
options over its ordinary shares of 1 pence each ("Ordinary
Shares"), to Group employees, including certain directors and PDMRs
of the Company, as outlined in the table below.
The options were granted under the Company's 2016 Employee Share
Option Plan with an exercise price of 34p per share, being the
closing share price on 19 October 2023, the day immediately
preceding the grant of the options. Prior to the grant, Chief
Financial Officer Paul Stockdale surrendered 50,000 share options
originally awarded in 2018.
The newly-granted options will vest in three equal tranches on
the first, second and third anniversaries of the date of grant.
Vested options will remain exercisable up to and including the
tenth anniversary of the date of grant.
Following this grant, the individuals referred to above hold
options over Ordinary Shares and are interested in Ordinary Shares
as follows:
New Total number Ordinary Shares
options of options held
granted over Ordinary
Shares
Number % of current
issued
share capital
---------- ---------------
Alexandre Akoulitchev, Chief
Scientific Officer 250,000 1,596,131 6,603,082 3.26%
--------- --------------- ---------- ---------------
Paul Stockdale, Chief Financial
Officer 250,000 1,050,000 331,818 0.23%
--------- --------------- ---------- ---------------
Matthew Wakefield, Non Executive
Chairman 150,000 400,000 1,022,727 0.70%
--------- --------------- ---------- ---------------
David Holbrook, Non Executive
Director 75,000 115,000 - -
--------- --------------- ---------- ---------------
David Blum, SVP of Marketing 250,000 462,500 75,000 0.04%
--------- --------------- ---------- ---------------
Thomas Guiel, Chief Operations
Officer 250,000 650,000 365,000 0.25%
--------- --------------- ---------- ---------------
Ewan Hunter, Chief Data Officer 250,000 750,000 136,363 0.09%
--------- --------------- ---------- ---------------
The notifications below, made in accordance with the
requirements of UK Market Abuse Regulation, provide further
details:
Details of the person discharging managerial responsibilities/person
1 closely associated
a) Name Alexandre Akoulitchev
-------------------------- ---------------------------------------------
Reason for the notification
2
-------------------------------------------------------------------------
a) Position/status Director/PDMR
-------------------------- ---------------------------------------------
b) Initial notification/ Initial notification
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 1 pence each
financial instrument,
type of instrument ISIN: GB00BD5H8572
Identification code
-------------------------- ---------------------------------------------
b) Nature of the transaction Grant of share options
-------------------------- ---------------------------------------------
c) Price(s) and volume(s) 250,000 ordinary shares at an exercise price
of 34 pence per share
-------------------------- ---------------------------------------------
d) Aggregated information N/A
- Aggregated volume
- Price
-------------------------- ---------------------------------------------
e) Date of the transaction 20 October 2023
-------------------------- ---------------------------------------------
f) Place of the transaction Outside a trading venue
-------------------------- ---------------------------------------------
Details of the person discharging managerial responsibilities/person
1 closely associated
a) Name David Blum
-------------------------- ---------------------------------------------
Reason for the notification
2
-------------------------------------------------------------------------
a) Position/status PDMR
-------------------------- ---------------------------------------------
b) Initial notification/ Initial notification
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 1 pence each
financial instrument,
type of instrument ISIN: GB00BD5H8572
Identification code
-------------------------- ---------------------------------------------
b) Nature of the transaction Grant of share options
-------------------------- ---------------------------------------------
c) Price(s) and volume(s) 250,000 ordinary shares at an exercise price
of 34 pence per share
-------------------------- ---------------------------------------------
d) Aggregated information N/A
- Aggregated volume
- Price
-------------------------- ---------------------------------------------
e) Date of the transaction 20 October 2023
-------------------------- ---------------------------------------------
f) Place of the transaction Outside a trading venue
-------------------------- ---------------------------------------------
Details of the person discharging managerial responsibilities/person
1 closely associated
a) Name Thomas Guiel
-------------------------- ---------------------------------------------
Reason for the notification
2
-------------------------------------------------------------------------
a) Position/status PDMR
-------------------------- ---------------------------------------------
b) Initial notification/ Initial notification
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 1 pence each
financial instrument,
type of instrument ISIN: GB00BD5H8572
Identification code
-------------------------- ---------------------------------------------
b) Nature of the transaction Grant of share options
-------------------------- ---------------------------------------------
c) Price(s) and volume(s) 250,000 ordinary shares at an exercise price
of 34 pence per share
-------------------------- ---------------------------------------------
d) Aggregated information N/A
- Aggregated volume
- Price
-------------------------- ---------------------------------------------
e) Date of the transaction 20 October 2023
-------------------------- ---------------------------------------------
f) Place of the transaction Outside a trading venue
-------------------------- ---------------------------------------------
Details of the person discharging managerial responsibilities/person
1 closely associated
a) Name David Holbrook
-------------------------- --------------------------------------------
Reason for the notification
2
------------------------------------------------------------------------
a) Position/status Director/PDMR
-------------------------- --------------------------------------------
b) Initial notification/ Initial notification
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 1 pence each
financial instrument,
type of instrument ISIN: GB00BD5H8572
Identification code
-------------------------- --------------------------------------------
b) Nature of the transaction Grant of share options
-------------------------- --------------------------------------------
c) Price(s) and volume(s) 75,000 ordinary shares at an exercise price
of 34 pence per share
-------------------------- --------------------------------------------
d) Aggregated information N/A
- Aggregated volume
- Price
-------------------------- --------------------------------------------
e) Date of the transaction 20 October 2023
-------------------------- --------------------------------------------
f) Place of the transaction Outside a trading venue
-------------------------- --------------------------------------------
Details of the person discharging managerial responsibilities/person
1 closely associated
a) Name Ewan Hunter
-------------------------- ---------------------------------------------
Reason for the notification
2
-------------------------------------------------------------------------
a) Position/status PDMR
-------------------------- ---------------------------------------------
b) Initial notification/ Initial notification
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 1 pence each
financial instrument,
type of instrument ISIN: GB00BD5H8572
Identification code
-------------------------- ---------------------------------------------
b) Nature of the transaction Grant of share options
-------------------------- ---------------------------------------------
c) Price(s) and volume(s) 250,000 ordinary shares at an exercise price
of 34 pence per share
-------------------------- ---------------------------------------------
d) Aggregated information N/A
- Aggregated volume
- Price
-------------------------- ---------------------------------------------
e) Date of the transaction 20 October 2023
-------------------------- ---------------------------------------------
f) Place of the transaction Outside a trading venue
-------------------------- ---------------------------------------------
Details of the person discharging managerial responsibilities/person
1 closely associated
a) Name Paul Stockdale
-------------------------- -----------------------------------------------
Reason for the notification
2
---------------------------------------------------------------------------
a) Position/status Director/PDMR
-------------------------- -----------------------------------------------
b) Initial notification/ Initial notification
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 1 pence each
financial instrument,
type of instrument ISIN: GB00BD5H8572
Identification code
-------------------------- -----------------------------------------------
b) Nature of the transaction Surrender and grant of share options
-------------------------- -----------------------------------------------
c) Price(s) and volume(s) Options over 50,000 ordinary shares at an
exercise price of GBP1.70 per share cancelled
Options over 250,000 ordinary shares at
an exercise price of 34 pence per share
granted
-------------------------- -----------------------------------------------
d) Aggregated information N/A
- Aggregated volume
- Price
-------------------------- -----------------------------------------------
e) Date of the transaction 19, 20 October 2023
-------------------------- -----------------------------------------------
f) Place of the transaction Outside a trading venue
-------------------------- -----------------------------------------------
Details of the person discharging managerial responsibilities/person
1 closely associated
a) Name Matthew Wakefield
-------------------------- ---------------------------------------------
Reason for the notification
2
-------------------------------------------------------------------------
a) Position/status Director/PDMR
-------------------------- ---------------------------------------------
b) Initial notification/ Initial notification
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 1 pence each
financial instrument,
type of instrument ISIN: GB00BD5H8572
Identification code
-------------------------- ---------------------------------------------
b) Nature of the transaction Grant of share options
-------------------------- ---------------------------------------------
c) Price(s) and volume(s) 150,000 ordinary shares at an exercise price
of 34 pence per share
-------------------------- ---------------------------------------------
d) Aggregated information N/A
- Aggregated volume
- Price
-------------------------- ---------------------------------------------
e) Date of the transaction 20 October 2023
-------------------------- ---------------------------------------------
f) Place of the transaction Outside a trading venue
-------------------------- ---------------------------------------------
-Ends-
For further details please contact:
Oxford BioDynamics Plc Tel: +44 (0)1865
Jon Burrows, CEO 518910
Paul Stockdale, CFO
Shore Capital - Nominated Adviser and Tel: +44 (0)20
Broker 7408 4090
Stephane Auton / Iain Sexton
Instinctif Partners Tel: +44 (0)20
Melanie Toyne-Sewell / Rozi Morris 7457 2020
Adam Loudon / Jack Kincade OxfordBioDynamics@instinctif.com
Notes for Editors
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 products are the EpiSwitch(R) CiRT (Checkpoint
Inhibitor Response Test) and EpiSwitch(R) PSE (EpiSwitch Prostate
Screening test) blood tests. CiRT is a predictive immune response
profile for immuno-oncology (IO) checkpoint inhibitor treatments,
launched in February 2022. PSE is a blood test that boosts the
predictive accuracy of a PSA test from 55% to 94% when testing the
presence or absence of prostate cancer, which has been launched in
the US and UK in September 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's product portfolio is based on 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 15,000 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 15,000 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
DSHBXLFLXBLBFBV
(END) Dow Jones Newswires
October 23, 2023 06:09 ET (10:09 GMT)
Oxford Biodynamics (LSE:OBD)
Historical Stock Chart
From Apr 2024 to May 2024
Oxford Biodynamics (LSE:OBD)
Historical Stock Chart
From May 2023 to May 2024
