Share allotment; Director/PDMR Shareholding; Appt.

Belluscura PLC

15 June 2023

 

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE UK VERSION OF THE MARKET ABUSE REGULATION (EU) NO.596/2014, WHICH FORMS PART OF UK LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 ("UK MAR"), AS AMENDED.

15 June 2023

Belluscura plc 

("Belluscura", the "Company" or the "Group") 

Confirmation of share allotment; Director / PDMR Shareholding; board appointment

Confirmation of share allotment

Further to the RNS announcement titled "Result of General Meeting" published at 12:28pm on 14 June 2023 Belluscura plc (AIM: BELL), a leading medical device developer focused on lightweight and portable oxygen enrichment technology, announces that 12,386,240 new Ordinary Shares have today been allotted under the Placing, Subscription and Retail Offer.

On 25 May 2023, Belluscura announced that pursuant to a Placing and Subscription it has conditionally raised £3.0 million (approximately £2.7 million net of expenses) through the issue of 12,000,000 New Ordinary Shares at the Issue Price of 25 pence per share. The Placing and Subscription have been subscribed for by both new and existing investors.

On 1 June 2023, Belluscura announced that pursuant to a Retail Offer to its existing retail shareholders via the BookBuild Platform (the "Retail Offer"), it has conditionally raised c£0.1 million (before expenses) through the issue of 386,240 New Ordinary Shares at the Issue Price of 25 pence per share.

The Placing, Subscription and Retail Offer Shares are expected to be admitted to trading on AIM at 8:00 a.m. on or around 16 June 2023.

Following Admission, the number of Ordinary Shares in issue and the number of voting rights will be 135,670,067. The figure of 135,670,067 Ordinary Shares may be used by Shareholders as the denominator for the calculations by which they will determine whether they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

Board appointment

Further to the RNS announcement titled "Board Appointment" published on 26 May 2023, Bob Fary has been appointed as an executive director with effect from 14 June 2023.

Director / PDMR Shareholding

As previously notified on 25 May 2023 the Subscribing Directors and Robert Fary have subscribed for 1,992,000 Subscription Shares at the Issue Price of 25 pence, to raise (in aggregate) gross proceeds of £498,000 (before expenses). Details of individual subscriptions are set out in the tables below.

Capitalised terms used but not defined herein shall have the same meanings given to them in the announcement of the Proposed Placing and Subscription and Retail Offer Announcements published by the Company on 25 May 2023.

For further information please contact:

Belluscura plc	Tel: [phone]
Adam Reynolds, Chairman  Robert Rauker, Chief Executive Officer  Anthony Dyer, Chief Financial Officer
SPARK Advisory Partners Limited (Nomad)	Tel: [phone]
Neil Baldwin
Dowgate Capital Limited (Broker)	Tel: [phone]
James Serjeant / Russell Cook
MHP (Financial PR & Investor Relations)	Tel: [phone]
Katie Hunt / Matthew Taylor	[e-mail]

Notification and public disclosure of transactions by persons discharging managerial responsibilities ("PDMRs") and persons closely associated ("PCA") with them.

1	Details  of  the  person  discharging  managerial  responsibilities  /  person  closely associated
a)	Name	David Poutney
2	Reason for notification
a)	Position / status	Non-Executive Director
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer,  emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Belluscura plc
b)	LEI	213800BRJQZE56XBPW94
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 £0.01 each in Belluscura plc ISIN : GB00BD3B8Z11
b)	Nature of the transaction	(i)            Acquisition
c)	Price(s) and volumes(s)	Price(s) Volumes(s) 25p 1,800,000
d)	Aggregated information	n/a
e)	Date of the transaction	25 May 2023
f)	Place of the transaction	London Stock Exchange

1	Details  of  the  person  discharging  managerial  responsibilities  /  person  closely associated
a)	Name	Adam Reynolds
2	Reason for 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	Belluscura plc
b)	LEI	213800BRJQZE56XBPW94
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 £0.01 each in Belluscura plc ISIN : GB00BD3B8Z11
b)	Nature of the transaction	(i)            Acquisition
c)	Price(s) and volumes(s)	Price(s) Volumes(s)    25p 80,000
d)	Aggregated information	n/a
e)	Date of the transaction	25 May 2023
f)	Place of the transaction	London Stock Exchange

1	Details  of  the  person  discharging  managerial  responsibilities  /  person  closely associated
a)	Name	Robert Rauker
2	Reason for 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	Belluscura plc
b)	LEI	213800BRJQZE56XBPW94
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 £0.01 each in Belluscura plc ISIN : GB00BD3B8Z11
b)	Nature of the transaction	(i)            Acquisition
c)	Price(s) and volumes(s)	Price(s) Volumes(s) 25p 80,000
d)	Aggregated information	n/a
e)	Date of the transaction	25 May 2023
f)	Place of the transaction	London Stock Exchange

1	Details  of  the  person  discharging  managerial  responsibilities  /  person  closely associated
a)	Name	Robert Fary
2	Reason for notification
a)	Position / status	Executive Director
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer,  emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Belluscura plc
b)	LEI	213800BRJQZE56XBPW94
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 £0.01 each in Belluscura plc ISIN : GB00BD3B8Z11
b)	Nature of the transaction	(i)            Acquisition
c)	Price(s) and volumes(s)	Price(s) Volumes(s) 25p 32,000
d)	Aggregated information	n/a
e)	Date of the transaction	25 May 2023
f)	Place of the transaction	London Stock Exchange

 

END