Oxford Nanopore CFO participates in share incentive plan

Published 14/03/2025, 16:04
Oxford Nanopore CFO participates in share incentive plan

LONDON - Oxford Nanopore Technologies plc has announced that their Chief Financial Officer, Nick Keher, has engaged in a transaction under the company’s Share Incentive Plan (SIP) on March 12, 2025. The transaction involved the purchase and subsequent matching of 150 ordinary shares.

According to the notification, Keher bought the shares at a price of £1.00 per share, with the total transaction amounting to £150.00. As per the SIP’s terms, for each share purchased by an employee, the SIP Trustee awards a corresponding Matching Share. Consequently, Keher received an additional 150 Ordinary Shares at no cost to match his purchase.

The shares in question have been issued on the London Stock Exchange (LON:LSEG) (XLON) under the identification code GB00BP6S8Z30. This move aligns the interests of the company’s management with those of its shareholders, as participating employees have the opportunity to directly invest in the company’s success.

The announcement comes after a correction was made to a previous notification issued on March 13, 2025, which erroneously included a statement about corrections to prior PDMR notifications. The company clarified that there were no corrections due to be made.

Oxford Nanopore Technologies has fulfilled its regulatory obligations by making this transaction public in accordance with Article 19(3) of the UK Market Abuse Regulation. The disclosure provides transparency about the financial dealings of its management personnel, which is essential for maintaining investor trust and market integrity.

The information regarding this transaction is based on a press release statement from Oxford Nanopore Technologies plc.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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