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LONDON - Oxford Nanopore Technologies plc, a company specializing in nanopore-based DNA and RNA sequencing technology, has disclosed a transaction involving Nick Keher, the Chief Financial Officer (CFO) and a Person Discharging Managerial Responsibilities (PDMR). On March 12, 2025, Keher participated in the company’s Share Incentive Plan (SIP), purchasing 150 ordinary shares at a price of £1.00 per share.
Under the terms of the SIP, for each ordinary share purchased by an employee, the SIP Trustee awards one matching share. Consequently, Keher was awarded an additional 150 ordinary shares to match his purchase, at no additional cost. These shares were issued by Oxford Nanopore Technologies and are held on behalf of Keher by the SIP Trustee.
The acquisition and matching of shares took place on the London Stock Exchange (LON:LSEG), with the ordinary shares identified by the code GB00BP6S8Z30. The company made the announcement in line with the UK Market Abuse Regulation, which requires public disclosure of transactions by PDMRs.
Oxford Nanopore Technologies has an established history in the development of innovative technologies for molecular detection and analysis. The company’s SIP is designed to align the interests of its employees with those of shareholders by allowing staff to invest directly in the company’s success.
This transaction underscores the ongoing commitment of Oxford Nanopore’s leadership to invest in the company and potentially signals confidence in its future performance. The information provided in this article is based on a press release statement from Oxford Nanopore Technologies plc.
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