19 May 2023

Director/PDMR Shareholdings and Issue of Equity

Bioventix plc

(“Bioventix” or the “Company”)

 

Director/PDMR Shareholdings and Issue of Equity

 

Bioventix plc (BVXP), a UK company specialising in the development and commercial supply of high-affinity monoclonal antibodies for applications in clinical diagnostics, was notified on 18 May 2023 of the following transactions in its ordinary shares of 5 pence each (“Ordinary Shares”):

 

Director

Role

Options over Ordinary Shares exercised

Ordinary Shares sold

Average sale price per Ordinary Share

Ordinary Shares subsequently held

Percentage of issued share capital subsequently held

Ian Nicholson

Non-Executive Chairman

1,638

1,638

3,651.53

13,000

0.2%

 

The options over Ordinary Shares (“Options”) were exercised at a price of 1350 pence per Ordinary Share pursuant to the Company’s 2013 EMI Share Option Scheme, details of which can be found at www.bioventix.com. In addition, a current employee exercised 2,333 Options.

 

Issue of Equity

 

The Company has applied for 3,971 new Ordinary Shares to be admitted to trading on AIM (“Admission”). It is expected that Admission will occur and that dealings will commence in the new Ordinary Shares on 25 May 2023. The new Ordinary Shares will rank pari passu with the existing Ordinary Shares.

 

The total number of Ordinary Shares in issue following Admission will be 5,219,656 and the Company holds no shares in treasury. Therefore, the total number of Ordinary Shares with voting rights in the Company will be 5,219,656.

 

The above figure of 5,219,656 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Bioventix under the FCA’s Disclosure Guidance and Transparency Rules.

 

 

For further information please contact:

Bioventix plc

Peter Harrison

Bruce Hiscock

 

Chief Executive Officer

Chief Financial Officer

Tel: 01252 728 001

finnCap Ltd

Geoff Nash/Simon Hicks

Alice Lane

 

Corporate Finance

ECM

Tel: 020 7220 0500

 

 

 



Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1

Details of the person discharging managerial responsibilities (“PDMR”) / person closely associated (“PCA”)

a)

Name

Ian Nicholson

2.

Reason for the Notification

a)

Position/status

Chairman

b)

Initial notification/Amendment

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Bioventix plc

b)

LEI

213800225MHX7LZQY108

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

Ordinary Shares of 5 pence each

Identification code

GB00B4QVDF07

b)

Nature of the transaction

Exercise of Options over Ordinary Shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

1,350p

1,638

d)

Aggregated information:

·      Aggregated volume

·      Price

See 4(c)

e)

Date of the transaction

18 May 2023

f)

Place of the transaction

Off market transaction

 



1

Details of the person discharging managerial responsibilities (“PDMR”) / person closely associated (“PCA”)

a)

Name

Ian Nicholson

2.

Reason for the Notification

a)

Position/status

Chairman

b)

Initial notification/Amendment

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Bioventix plc

b)

LEI

213800225MHX7LZQY108

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

Ordinary Shares of 5 pence each

Identification code

GB00B4QVDF07

b)

Nature of the transaction

Sale of Ordinary Shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

3,651.53p

1,638

d)

Aggregated information:

·      Aggregated volume

·      Price

See 4(c)

e)

Date of the transaction

18 May 2023

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)