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Director Dealings

27th Jun 2016 16:46

RNS Number : 4026C
Abzena PLC
27 June 2016
 

Abzena plc

 

Director Dealings

 

Cambridge, UK, 27 June 2016 - Abzena plc (AIM: ABZA, 'Abzena' or the 'Group') was today notified by John Burt (Chief Executive Officer) that he has transferred ordinary shares in Abzena into his personal pension.

 

John Burt has transferred 98,000 ordinary shares in Abzena at a price of £0.41 pence per share into his personal pension. This transaction has no effect on John Burt's beneficial ownership; he continues to hold a total direct and indirect voting right interest in 2,120,262 ordinary shares in Abzena, being approximately 1.55% of the issued ordinary share capital of Abzena of 137,055,555 ordinary shares of £0.002.

 

Enquiries:

 

Abzena plc

John Burt, Chief Executive Officer Julian Smith, Chief Financial Officer

 

+44 1223 903498

Cenkos Securities (Nominated Adviser and Broker)

Christopher Golden / Ivonne Cantu

 

+44 20 7397 8900

N+1 Singer (Joint Broker)

Aubrey Powell / Liz Yong

 

+44 20 7496 3000

Instinctif Partners

Melanie Toyne Sewell / Rozi Morris

 

+44 20 7457 2020

[email protected]

 

About Abzena

 

Abzena (AIM: ABZA) provides proprietary technologies and complementary services to enable the development and manufacture of biopharmaceutical products, a growing area that requires specialist knowledge and expertise. The Group has a global customer base which includes the majority of the top 20 biopharmaceutical companies as well as large and small biotech companies and academic groups.

 

The term "Abzena inside" is used by Abzena to describe products that have been created using its proprietary technologies and are being developed by its partners, and include Composite Human Antibodies™ and ThioBridge™ Antibody Drug Conjugates (ADCs). Abzena has the potential to earn future licence fees, milestone payments and/or royalties on "Abzena inside" products.

 

Abzena offers the following services and technologies across its principal sites in Cambridge (UK), San Diego, California (USA) and Bristol, Pennsylvania (USA).

 

§ Immunogenicity assessment, protein engineering to create humanized antibodies and deimmunised therapeutic proteins, and cell line development for manufacture.

§ Contract process development and manufacture of biopharmaceuticals, including monoclonal antibodies, recombinant proteins, vaccines, and gene therapy and cell therapy products, for preclinical and clinical studies.

§ Proprietary site-specific conjugation technologies for antibody drug conjugate development and solutions for optimizing the therapeutic properties of biopharmaceuticals.

§ Contract chemistry and bioconjugation business focused on ADCs and is establishing the capability to manufacture ADCs to GMP standards.

 

For more information, please see www.abzena.com

This information is provided by RNS
The company news service from the London Stock Exchange
 
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