Oxford BioDynamics PLC Issue of Equity (9716J)
April 05 2018 - 6:41AM
UK Regulatory
TIDMOBD
RNS Number : 9716J
Oxford BioDynamics PLC
05 April 2018
05 April 2018
Oxford BioDynamics Plc
("OBD" or the "Company" and, together with its subsidiaries, the
"Group")
Issue of Equity
Oxford BioDynamics Plc (AIM: OBD), a biotechnology company
focused on the discovery and development of epigenetic biomarkers
based on regulatory genome architecture for use within the
pharmaceutical and biotechnology industry, announces that it has
made an application to the London Stock Exchange for the admission
to trading on AIM of 3,333 new ordinary shares of 1p each ("New
Shares") to satisfy the exercise of options granted under the
Company's share option scheme.
The New Shares are expected to be admitted to trading on AIM on
11 April 2018.
Following this admission, the Company's share capital and total
voting rights comprises 87,483,306 ordinary shares of 1p each and
the Company does not hold any shares in treasury. Consequently,
87,483,306 is the figure which may be used by shareholders as the
denominator for the calculation by which they will determine if
they are required to notify their interest in, or a change to their
interest in, Inspired under the FCA's Disclosure and Transparency
Rules.
-ENDS-
Oxford BioDynamics Plc +44 (0)1865 518910
Christian Hoyer Millar,
CEO
Paul Stockdale, CFO
Shore Capital +44 (0)20 7408 4090
Nominated Adviser and
Broker
Stephane Auton
Edward Mansfield
FTI Consulting +44 (0)20 3727 1000
Financial Public Relations
Advisor
Brett Pollard
Natalie Garland-Collins
Notes for Editors
About Oxford BioDynamics Plc
Oxford BioDynamics Plc (AIM: OBD) ("Oxford BioDynamics") is a
biotechnology company focused on the discovery and development of
epigenetic biomarkers for use within the pharmaceutical and
biotechnology industry.
The Company's award-winning, proprietary technology platform,
EpiSwitch(TM), aims to accelerate the drug discovery and
development process, improve the success rate of therapeutic
product development and take advantage of the increasing importance
of personalised medicine.
In particular, EpiSwitch(TM) can reduce time to market, failure
rates and the costs at every stage of drug discovery. Additionally,
the technology provides significant insights into disease
mechanisms for drug discovery and product re--positioning
programmes, and enables the personalisation of therapeutics for
patients in the context of challenging pricing environments where
improved clinical outcomes are critical.
Oxford BioDynamics is headquartered in the UK, and listed on the
London Stock Exchange's AIM under the ticker "OBD". For more
information please visit www.oxfordbiodynamics.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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