12th Nov 2018 10:33
Horizon Discovery Group plc
12 November 2018
Horizon Discovery Group plc
Cambridge, UK, 12 November 2018: Horizon Discovery Group plc (LSE: HZD) ("Horizon", "the Group" or "the Company"), a global leader in gene editing and gene modulation technologies, announces that the following options were granted over the Company's ordinary shares of 1 pence each ("Ordinary Shares") to its CEO on 9 November 2018 in accordance with the Company's Long Term Incentive Plan:
Director | Number of Ordinary Shares over which options granted | Exercise price per share |
Terry Pizzie
| 325,000
| £2.00 |
The options will vest as follows:
· 25% on the third anniversary of the date of grant;
· 25% on the fourth anniversary of the date of grant; and
· 50% on the fifth anniversary of the date of grant.
The options granted are equivalent to 0.22 percent of the Company's existing issued share capital.
The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | Terry Pizzie | |
2 | Reason for the notification | ||
a) | Position/status | Chief Executive Officer | |
b) | Initial notification /Amendment | Initial Notification | |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
a) | Name | Horizon Discovery Group plc | |
b) | Legal Entity Identifier | 213800L812B9NI5M3G89 | |
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 instrument, type of instrument
Identification code | Ordinary shares of 1 pence each
GB00BK8FL363 | |
b) | Nature of the transaction | Grant of share options | |
c) | Currency | GBP | |
d) | Price(s) and volume(s) | Price(s) | Volume(s) |
N/A | 325,000 | ||
e) | Aggregated information - Aggregated volume - Price - Aggregated total |
325,000 N/A N/A | |
f) | Date of the transaction | 9 November 2018 | |
g) | Place of the transaction | London Stock Exchange, AIM | |
ENDS
For further information from Horizon Discovery Group plc, please contact:
Horizon Discovery Group plc
Terry Pizzie, Chief Executive Officer
Richard Vellacott, Chief Financial Officer
Tel: +44 (0) 1223 655 580
Numis Securities Limited (Broker and NOMAD)
Michael Meade / Freddie Barnfield
Tel: +44 (0) 207 260 1000
Consilium Strategic Communications (Financial Media and Investor Relations)
Mary-Jane Elliott / Matthew Neal / Melissa Gardiner
Tel: +44 (0) 20 3709 5700
Email: [email protected]
About Horizon Discovery Group plc www.horizondiscovery.com
Horizon Discovery Group plc (LSE: HZD) ("Horizon") is a world leader in gene editing and gene modulation technologies. Horizon designs and engineers cells using its translational genomics platform, a highly precise and flexible suite of DNA editing tools (rAAV, ZFN, CRISPR and Transposon) and, following the acquisition of Dharmacon, Inc., its functional genomics platform comprising gene knockdown (RNAi) and gene expression (cDNA, ORF) tools, for research and clinical applications that advance human health. Horizon's platforms and capabilities enable researchers to alter almost any gene or modulate its function in human or mammalian cell-lines.
Horizon offers an extensive range of catalogue products and related research services to support a greater understanding of the function of genes across all species and the genetic drivers of human disease and the development of personalised molecular, cell and gene therapies. These have been adopted by over 10,000 academic, drug discovery, drug manufacturing and clinical diagnostics customers around the globe, as well as in the Company's own R&D pipeline.
Horizon is headquartered in Cambridge, UK, and is listed on the London Stock Exchange's AIM market under the ticker "HZD".
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
Related Shares:
HZD.L