Syncona Limited Issue of shares pursuant to the Long Term Incentive Plan
13 August 2018 - 9:39PM
UK Regulatory
TIDMSYNC
Syncona Limited
Issue of shares pursuant to the Long Term Incentive Plan
13 August 2018
Syncona Limited (the "Company") today announces that a total of 20,836 new
ordinary shares will be issued in satisfaction of realisations under the
Company's Long Term Incentive Plan. The new ordinary shares, when issued, will
rank pari passu with the existing issued ordinary shares of the Company.
In accordance with the rules of the Long Term Incentive Plan, ordinary shares
delivered on realisation may not be sold or transferred by the recipient for a
period of one year following the realisation date.
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 16 August 2018.
[ENDS]
Enquiries
Syncona Ltd
Annabel Clay
Tel: +44 (0) 20 7611 2031
Northern Trust International Fund Administration Services (Guernsey) Limited
Company Secretary
Tel: 01481 745001
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 gene and cell therapy. We focus on delivering dramatic
efficacy for patients in areas of high unmet need.
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