Director/PDMR Shareholding

RNS Number : 8246F

Port Erin Biopharma Investments Ltd

21 June 2012

 



Port Erin Biopharma Investments Limited

 ("Port Erin" or the "Company")

Director's Dealing

Port Erin, the AIM listed company focused on investing in the biotechnology and biopharmaceutical sectors, was informed that Galloway Limited purchased 250,000 Ordinary Shares at a price of 7 pence per share on 20 June 2012,

Galloway Limited is wholly owned by a trust in which Jim Mellon, Chairman of the Company, has a life tenancy. Denham Eke, a Director of the Company, is a Director of Galloway Limited.

Following this transaction, the total Ordinary Shares in which Jim Mellon has a beneficial interest is 4,191,000, representing 12.7% of the issued ordinary share capital of the Company.

Enquiries:

Port Erin Biopharma Investments Limited
Denham Eke	([phone]
Libertas Capital Corporate Finance Limited
Sandy Jamieson	([phone]
Rivington Street Corporate Finance Limited
John Levinson	([phone]

 

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