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LONDON - Oxford Nanopore Technologies plc disclosed Monday that its Chief Financial Officer, Nick Keher, has been granted shares under the company’s Share Incentive Plan (SIP). The transaction involved the purchase and matching of 129 ordinary shares at a price of £1.16 per share, totaling an investment of £149.64.
The SIP allows participating employees to acquire Partnership Shares with their gross salary, which are then matched by the company with an equal number of Matching Shares. On the same day, Oxford Nanopore issued the corresponding Matching Shares to be held by the SIP Trustee on behalf of Keher.
This announcement fulfills the company’s reporting obligations under the UK Market Abuse Regulation. The transactions were conducted on the London Stock Exchange (LON:LSEG) and involved ordinary shares with an identification code of GB00BP6S8Z30.
The SIP is designed to align the interests of employees and directors with those of the company’s shareholders by encouraging stock ownership. The award of shares to Keher reflects the ongoing commitment of Oxford Nanopore’s management to participate in the company’s future growth.
The information provided is based on a press release statement from Oxford Nanopore Technologies plc.
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