TIDMABC

RNS Number : 1948B

ABCAM PLC

28 January 2020

For immediate release

28 January 2020

ABCAM PLC

Director/PDMR Shareholding Notification

Cambridge, UK: Abcam (AIM: ABC, "Abcam" or the "Company"), a global leader in the supply of life science research tools, was notified on 28 January 2020 that on 24 January 2020 Dr Jonathan Milner, a Non-Executive Director of the Company sold, in aggregate, 1,100,000 ordinary shares of 0.2 pence each in the Company ("Ordinary Shares").

These transactions are for tax and estate planning. Dr Milner continues to remain committed to the Company as a member of Abcam's board in his role as Deputy Chairman.

As a result of the transactions described above, Dr Milner's total direct and indirect interest in the Company has decreased to a total of 18,009,496 Ordinary Shares, representing approximately 8.74% of the Company's issued share capital.

The Notification of Dealing Form for this transaction is provided below. This announcement is made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014.

For further information, please contact:

 
 Abcam 
  Marc Perkins, Company Secretary            + 44 (0) 1223 696 
  James Staveley, VP Investor Relations       000 
 J.P. Morgan Cazenove - Nominated Advisor 
  James Mitford                              + 44 (0) 20 7742 4000 
 
 
 1     Details of the person discharging managerial responsibilities/person 
        closely associated 
 a)    Name                                         Dr Jonathan S Milner 
      -------------------------------------------  -------------------------------- 
 2     Reason for the notification 
      ----------------------------------------------------------------------------- 
 a)    Position/status                              Deputy Chairman 
      -------------------------------------------  -------------------------------- 
 b)    Initial notification /Amendment              Initial Notification 
      -------------------------------------------  -------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ----------------------------------------------------------------------------- 
 a)    Name                                         Abcam plc 
      -------------------------------------------  -------------------------------- 
 b)    Legal Entity Identifier                      213800B9N83DSNT33F79 
      -------------------------------------------  -------------------------------- 
 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                 Ordinary shares 
        instrument, type of instrument 
        Identification code                          GB00B6774699 
      -------------------------------------------  -------------------------------- 
 b)    Nature of the transaction                    Sale by Dr Jonathan S Milner 
      -------------------------------------------  -------------------------------- 
 c)    Currency                                     GBP - British Pound 
====  ===========================================  ================================ 
 d)    Price(s) and volume(s)                       Price(s)           Volume(s) 
      -------------------------------------------  -----------------  ------------- 
   GBP14.1153                                                          1,100,000 
  ==================================================================  ============= 
 
 e)    Aggregated information 
        - Aggregated volume                           1,100,000 
        - Price                                       GBP14.1153 
====  ===========================================  ================================ 
 f)    Date of the transaction                      24 January 2020 
      -------------------------------------------  -------------------------------- 
 g)    Place of the transaction                     London Stock Exchange 
====  ===========================================  ================================ 
 

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.

END

DSHZVLFLBFLLBBD

(END) Dow Jones Newswires

January 28, 2020 09:29 ET (14:29 GMT)

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