TIDMSYNC

RNS Number : 0316G

Syncona Limited

18 July 2019

Syncona Limited

Issue of shares pursuant to the 2019 dividend and PDMR dealings

18 July 2019

Syncona Limited (the "Company") today announces that a total of 860,090 new ordinary shares will be issued in satisfaction of the payment of the Company's 2019 dividend to those qualifying shareholders who did not elect to receive the dividend in cash. The new ordinary shares, when issued, will rank pari passu with the existing issued ordinary shares of the Company.

Application has been made to the Financial Conduct Authority for the shares to be admitted to the Official List, and to the London Stock Exchange for the shares to be admitted to trading and it is expected that dealings will commence in the new ordinary shares on 29 July 2019.

Notification of transactions by Persons Discharging Managerial Responsibilities ("PDMRs") are set out below.

[ENDS]

Enquiries

Syncona Ltd

Siobhan Weaver / Annabel Clay

Tel: +44 (0) 20 3981 7940

FTI Consulting

Brett Pollard / Natalie Garland-Collins

Tel: +44 (0) 20 3727 1000

Copies of this press release and other corporate information can be found on the company website at: www.synconaltd.com

About Syncona:

Syncona is a leading FTSE250 healthcare company focused on investing in and building global leaders in life science. Our vision is to deliver transformational treatments to patients in truly innovative areas of healthcare while generating superior returns for shareholders.

We seek to partner with the best, brightest and most ambitious minds in science to build globally competitive businesses.

We take a long-term view, underpinned by a deep pool of capital, and are established leaders in the development of genetic medicine, particularly gene and cell therapy. We focus on delivering dramatic efficacy for patients in areas of high unmet need.

 
 1.   Details of PDMR / person closely associated with them 
       ("PCA") 
 a)   Name                   Martin Murphy 
     ---------------------  ---------------------------------------------- 
 b)   Position /             Chief Executive Officer, SIML 
       status 
     ---------------------  ---------------------------------------------- 
 c)   Initial notification   Initial Notification 
       / amendment 
     ---------------------  ---------------------------------------------- 
 2.   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            Ordinary shares 
       of the financial       GG00B8P59C08 
       instrument 
     ---------------------  ---------------------------------------------- 
 b)   Nature of              Acquisition of shares under the 2019 Dividend 
       the transaction 
     ---------------------  ---------------------------------------------- 
 c)   Price(s) and            Price(s)   Volume(s) 
       volume(s)               2.281      3,094 
     ---------------------  ---------------------------------------------- 
 d)   Aggregated 
       information 
       Aggregated              N/A 
       volume 
       Price 
     ---------------------  ---------------------------------------------- 
 e)   Date of the            18 July 2019 
       transaction 
     ---------------------  ---------------------------------------------- 
 f)   Place of the           Outside a trading venue 
       transaction 
     ---------------------  ---------------------------------------------- 
 g)   Currency               GBP - British Pound 
     ---------------------  ---------------------------------------------- 
 
 
 1.   Details of PDMR / person closely associated with them 
       ("PCA") 
 a)   Name                   Jeremy Tigue 
     ---------------------  ---------------------------------------------- 
 b)   Position /             Chairman 
       status 
     ---------------------  ---------------------------------------------- 
 c)   Initial notification   Initial Notification 
       / amendment 
     ---------------------  ---------------------------------------------- 
 2.   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            Ordinary shares 
       of the financial       GG00B8P59C08 
       instrument 
     ---------------------  ---------------------------------------------- 
 b)   Nature of              Acquisition of shares under the 2019 Dividend 
       the transaction 
     ---------------------  ---------------------------------------------- 
 c)   Price(s) and            Price(s)   Volume(s) 
       volume(s)               2.281      4,820 
     ---------------------  ---------------------------------------------- 
 d)   Aggregated 
       information 
       Aggregated              N/A 
       volume 
       Price 
     ---------------------  ---------------------------------------------- 
 e)   Date of the            18 July 2019 
       transaction 
     ---------------------  ---------------------------------------------- 
 f)   Place of the           Outside a trading venue 
       transaction 
     ---------------------  ---------------------------------------------- 
 g)   Currency               GBP - British Pound 
     ---------------------  ---------------------------------------------- 
 
 
 1.   Details of PDMR / person closely associated with them 
       ("PCA") 
 a)   Name                   Ellen Strahlman 
     ---------------------  ---------------------------------------------- 
 b)   Position /             Non-Executive Director 
       status 
     ---------------------  ---------------------------------------------- 
 c)   Initial notification   Initial Notification 
       / amendment 
     ---------------------  ---------------------------------------------- 
 2.   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            Ordinary shares 
       of the financial       GG00B8P59C08 
       instrument 
     ---------------------  ---------------------------------------------- 
 b)   Nature of              Acquisition of shares under the 2019 Dividend 
       the transaction 
     ---------------------  ---------------------------------------------- 
 c)   Price(s) and            Price(s)   Volume(s) 
       volume(s)               2.281      1,584 
     ---------------------  ---------------------------------------------- 
 d)   Aggregated 
       information 
       Aggregated              N/A 
       volume 
       Price 
     ---------------------  ---------------------------------------------- 
 e)   Date of the            18 July 2019 
       transaction 
     ---------------------  ---------------------------------------------- 
 f)   Place of the           Outside a trading venue 
       transaction 
     ---------------------  ---------------------------------------------- 
 g)   Currency               GBP - British Pound 
     ---------------------  ---------------------------------------------- 
 
 
 1.   Details of PDMR / person closely associated with them 
       ("PCA") 
 a)   Name                   Robert Hutchinson 
     ---------------------  ---------------------------------------------- 
 b)   Position /             Non-Executive Director 
       status 
     ---------------------  ---------------------------------------------- 
 c)   Initial notification   Initial Notification 
       / amendment 
     ---------------------  ---------------------------------------------- 
 2.   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            Ordinary shares 
       of the financial       GG00B8P59C08 
       instrument 
     ---------------------  ---------------------------------------------- 
 b)   Nature of              Acquisition of shares under the 2019 Dividend 
       the transaction 
     ---------------------  ---------------------------------------------- 
 c)   Price(s) and            Price(s)   Volume(s) 
       volume(s)               2.281      432 
     ---------------------  ---------------------------------------------- 
 d)   Aggregated 
       information 
       Aggregated              N/A 
       volume 
       Price 
     ---------------------  ---------------------------------------------- 
 e)   Date of the            18 July 2019 
       transaction 
     ---------------------  ---------------------------------------------- 
 f)   Place of the           Outside a trading venue 
       transaction 
     ---------------------  ---------------------------------------------- 
 g)   Currency               GBP - British Pound 
     ---------------------  ---------------------------------------------- 
 

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END

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