Source - RNS
RNS Number : 9810G
e-Therapeutics plc
02 June 2017
 

E-THERAPEUTICS PLC

 

("e-Therapeutics" or the "Company")

 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS

DISCHARGING MANAGERIAL RESPONSIBILITIES

 

                                                                                     

Oxford, UK, 2 June 2017 - e-Therapeutics plc (AIM: ETX), the drug discovery company, announces that it has today received notifications from three of its directors that they have purchased, in aggregate, 2,830,000 shares in the Company at a price of 6 pence per share. The purchases took place on 1 June 2017.

The number of ordinary shares purchased by each director is set out below:          

Director

Number of shares purchased

Iain Ross

1,000,000

Ray Barlow

830,000

Steve Medlicott

1,000,000

Following these trades, the interests of those directors in ordinary shares of ETX are as follows:

Director

Number of shares held

Percentage of issued share capital

Iain Ross

1,000,000

0.37%

Ray Barlow

830,000

0.31%

Steve Medlicott

1,250,000

0.47%

 

The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further details:

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Iain Ross

2

Reason for the notification

a)

Position/status 

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

e-Therapeutics plc 

b)

LEI

21380049RHSSJXWKYT18

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 0.1 pence

 

ISIN:   GB00B2823H99

b)

Nature of the transaction

Purchase of shares 

c)

Price(s) and volume(s)

1,000,000 ordinary shares at a price of 6 pence per share

d)

Aggregated information

- Aggregated volume

- Price

 

N/A

e)

Date of the transaction

1 June 2017 

f)

Place of the transaction

London Stock Exchange, AIM (XLON)

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Ray Barlow

2

Reason for the notification

a)

Position/status 

Chief Executive Officer

b)

Initial notification/ Amendment 

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

e-Therapeutics plc 

b)

LEI

21380049RHSSJXWKYT18

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 0.1 pence

 

ISIN:   GB00B2823H99

b)

Nature of the transaction

Purchase of shares 

c)

Price(s) and volume(s)

830,000 ordinary shares at a price of 6 pence per share

d)

Aggregated information

- Aggregated volume

- Price

 

N/A

e)

Date of the transaction

1 June 2017 

f)

Place of the transaction

London Stock Exchange, AIM (XLON)

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Steve Medlicott

2

Reason for the notification

a)

Position/status 

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

e-Therapeutics plc 

b)

LEI

21380049RHSSJXWKYT18

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 0.1 pence

 

ISIN:   GB00B2823H99

b)

Nature of the transaction

Purchase of shares 

c)

Price(s) and volume(s)

1,000,000 ordinary shares at a price of 6 pence per share

d)

Aggregated information

- Aggregated volume

- Price

 

N/A

e)

Date of the transaction

1 June 2017 

f)

Place of the transaction

London Stock Exchange, AIM (XLON)

 

 

For further information, please contact:

 

Contacts:

 

e-Therapeutics plc

Iain Ross, Chairman

Steve Medlicott, Finance Director

 

Tel: +44 (0) 1993 883 125

www.etherapeutics.co.uk 

 

Numis Securities Limited

Michael Meade / Freddie Barnfield
(Corporate Finance)

James Black (Corporate Broking)

 

Tel: +44 (0) 207 260 1000

www.numis.com

 

Instinctif Partners

Melanie Toyne Sewell / Alex Shaw

Tel: +44 (0) 207 457 2020

Email: [email protected]

 

 

About e-Therapeutics plc

e-Therapeutics is a drug discovery company with a unique and proprietary in silico discovery platform.  The Company is applying its computational platform to the discovery of new drug candidates for which it can secure robust intellectual property rights.

The therapeutic focus of the Company's discovery activity is in areas of complex disease with unmet medical need, including immuno-oncology.  The business model is to partner these preclinical drug candidates.

e-Therapeutics is headquartered in Oxford. For more information about the Company please visit www.etherapeutics.co.uk.

 

 


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