Director's Dealing • Sep 13, 2016
Director's Dealing
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RNS Number : 5800J
Microsaic Systems plc
13 September 2016
Microsaic Systems plc
("Microsaic", "Microsaic Systems" or the "Company")
Directors' Interests
13 September 2016
Microsaic Systems plc (AIM: MSYS), the developer of chip-based mass spectrometry instruments, announces that following Admission of the Placing Shares to trading on AIM today in connection with the Placing announced on 26 August 2016, the shareholdings and percentage interests in the issued share capital of the Company of the Directors are as follows:
| Director | Number of Ordinary Shares | % |
| C J Nicholl | 4,303,559 | 2.4% |
| E M Yeatman | 3,896,632 | 2.1% |
| J C Ramage | 798,579 | 0.4% |
| G D Tracey | 300,000 | 0.2% |
| B J Metcalf | 300,000 | 0.2% |
| A S Holmes | 3,182,111 | 1.8% |
| C J Buckley | 300,000 | 0.2% |
The Directors together hold an aggregate of 13,080,881 Ordinary Shares, representing 7.2 per cent. of the issued share capital of the Company. The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide additional detail.
Defined terms used in this announcement will have the meanings (unless the context otherwise requires) set out in the circular dated 26 August 2016, which is available on the Company's website at http://www.microsaic.com.
| Enquiries: | |
| Microsaic Systems plc Jim Ramage, CEO Bevan Metcalf, FD |
+44 (0) 1483 751577 |
| N+1 Singer (Nominated Adviser & Broker) Shaun Dobson Liz Yong |
+44 (0)20 7496 3000 |
| Citigate Dewe Rogerson (Financial PR) Mark Swallow, Marine Perrier |
+44 (0)20 7282 2948/1068 |
About Microsaic Systems
Microsaic Systems plc is a high technology company developing chip-based, bench-top mass spectrometry ("MS") instruments that are designed to improve the efficiency of Pharma R&D. MS is an analytical technique of choice for biochemists across many industry sectors.
Microsaic aims to bring routine MS analysis to the pharmaceutical scientist, providing powerful methods of analysis to enable earlier decision making relating to product identification, purity and bioactivity.
The Company is working with established global companies in preparative and purification science with expertise in Pharma and life sciences to co-develop new, integrated and optimised, application-specific, solutions to improve productivity in the development of small molecule and novel biologic (peptides, antibodies) medicines.
The Microsaic 4000 MiD®, single quadrupole, is the world's smallest MS system, retaining the functionality of larger conventional MS systems, is easier to use by non-specialists, consumes less energy and has lower running costs. The Company is also developing new MS systems, based on its patented chip technologies, to address further areas of emerging need in Pharma R&D.
Microsaic Systems was established in 2001 by a team including founders from Imperial College London, and was admitted to AIM in 2011 (ticker: MSYS).
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 / person closely associated
a)
Name
C J Nicholl
2
Reason for the notification
a)
Position/status
PDMR - Non-executive Chairman
b)
Initial notification /Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Microsaic Systems plc
b)
LEI
N/A
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
Identification code
Ordinary shares of 0.25p each
GB00B547ZY09
b)
Nature of the transaction
Acquisition through placing of new ordinary shares
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| 5 pence | 500,000 |
d)
Aggregated information
- Aggregated volume
- Price
Not applicable
e)
Date of the transaction
13 September 2016
f)
Place of the transaction
Off market
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
E M Yeatman
2
Reason for the notification
a)
Position/status
PDMR - Non-executive director
b)
Initial notification /Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Microsaic Systems plc
b)
LEI
N/A
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
Identification code
Ordinary shares of 0.25p each
GB00B547ZY09
b)
Nature of the transaction
Acquisition through placing of new ordinary shares
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| 5 pence | 500,000 |
d)
Aggregated information
- Aggregated volume
- Price
Not applicable
e)
Date of the transaction
13 September 2016
f)
Place of the transaction
Off market
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
J C Ramage
2
Reason for the notification
a)
Position/status
PDMR - CEO
b)
Initial notification /Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Microsaic Systems plc
b)
LEI
N/A
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
Identification code
Ordinary shares of 0.25p each
GB00B547ZY09
b)
Nature of the transaction
Acquisition through placing of new ordinary shares
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| 5 pence | 500,000 |
d)
Aggregated information
- Aggregated volume
- Price
Not applicable
e)
Date of the transaction
13 September 2016
f)
Place of the transaction
Off market
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
G D Tracey
2
Reason for the notification
a)
Position/status
PDMR - COO
b)
Initial notification /Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Microsaic Systems plc
b)
LEI
N/A
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
Identification code
Ordinary shares of 0.25p each
GB00B547ZY09
b)
Nature of the transaction
Acquisition through placing of new ordinary shares
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| 5 pence | 300,000 |
d)
Aggregated information
- Aggregated volume
- Price
Not applicable
e)
Date of the transaction
13 September 2016
f)
Place of the transaction
Off market
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
B J Metcalf
2
Reason for the notification
a)
Position/status
PDMR - Finance Director
b)
Initial notification /Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Microsaic Systems plc
b)
LEI
N/A
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
Identification code
Ordinary shares of 0.25p each
GB00B547ZY09
b)
Nature of the transaction
Acquisition through placing of new ordinary shares
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| 5 pence | 300,000 |
d)
Aggregated information
- Aggregated volume
- Price
Not applicable
e)
Date of the transaction
13 September 2016
f)
Place of the transaction
Off market
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
A S Holmes
2
Reason for the notification
a)
Position/status
PDMR - Non-executive director
b)
Initial notification /Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Microsaic Systems plc
b)
LEI
N/A
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
Identification code
Ordinary shares of 0.25p each
GB00B547ZY09
b)
Nature of the transaction
Acquisition through placing of new ordinary shares
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| 5 pence | 300,000 |
d)
Aggregated information
- Aggregated volume
- Price
Not applicable
e)
Date of the transaction
13 September 2016
f)
Place of the transaction
Off market
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
C J Buckley
2
Reason for the notification
a)
Position/status
PDMR - Non-executive director
b)
Initial notification /Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Microsaic Systems plc
b)
LEI
N/A
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
Identification code
Ordinary shares of 0.25p each
GB00B547ZY09
b)
Nature of the transaction
Acquisition through placing of new ordinary shares
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| 5 pence | 300,000 |
d)
Aggregated information
- Aggregated volume
- Price
Not applicable
e)
Date of the transaction
13 September 2016
f)
Place of the transaction
Off market
This information is provided by RNS
The company news service from the London Stock Exchange
END
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