1st Mar 2011 10:17
For immediate release | 1 March 2011 |
ABCAM PLC
("Abcam" or "the Company")
PDMR Dealings: Share Incentive Plan
Cambridge, UK: Abcam plc (AIM: ABC), the rapidly growing bioscience company that markets antibodies via its own online catalogue, was notified on 28 February 2011 of the following transactions under the Abcam plc Share Incentive Plan ("the SIP") to the benefit of certain of its PDMRs in line with their commitment to participate in the SIP on a monthly basis:
Name | Partnership Shares purchased on 25 February 2011 at 349 pence per share | Matching Shares awarded on 25 February 2011 at 349 pence per share |
Mark Bushfield | 36 | 36 |
Philippe Cotrel | 36 | 36 |
The risk of forfeiture attached to the Matching Shares will normally be removed on the third anniversary of the award subject to continued employment and the retention of the Partnership Shares in connection with which they were awarded.
No consideration was paid by the above grantees for the award of the Matching Shares and no consideration is due on the release of these shares.
For further information please contact:
Abcam | + 44 (0) 1223 696000 |
Jonathan Milner, Chief Executive Officer | |
Jeff Iliffe, Chief Financial Officer | |
Numis Securities | + 44 (0) 20 7260 1000 |
Michael Meade / Nick Westlake - Nominated Adviser | |
James Black - Corporate Broking | |
Buchanan Communications | + 44 (0) 20 7466 5000 |
Mark Court / Jessica Fontaine |
Notes for editors:
About Abcam plc
Abcam is a producer and distributor of research-grade antibodies and related products, headquartered in Cambridge, United Kingdom, with US offices in Cambridge, Massachusetts, and San Francisco, California, and Far East offices in Tokyo and Hong Kong. Abcam was admitted to AIM in November 2005 and trades under the ticker symbol ABC. The Company produces and distributes its own and third-party products to academic and commercial users throughout the world. Product ordering is available through the Company's website www.abcam.com, where customers are also able to access up-to-date and detailed technical product data sheets. All products are sold under the Abcam brand name and the Company's vision is to build the world's largest online resource of high-quality and commercially viable antibodies. Abcam now has an online catalogue of over 70,000 products, most of which are antibodies, from over 250 suppliers and employs 290 staff.
Related Shares:
ABC.L