Grant of share options

RNS Number : 0620O

Destiny Pharma PLC

08 June 2022

 

Destiny Pharma plc

("Destiny Pharma" or the "Company")

Grant of share options 

Brighton, United Kingdom - 8 June 2022  - Destiny Pharma plc (AIM: DEST, "the Company") a clinical stage innovative biotechnology company focused on the development of novel medicines that can prevent life threatening infections, announces the following options ("Options") over 190,000 ordinary shares of 1 pence in the Company have been granted under the Destiny Pharma plc 2020 Long Term Incentive Plan (the "Plan") to the following PDMR.

Name	Position	Total number of Options granted under award	Total Options held after the grant
Dr Yuri Martina	Chief Medical Officer	190,000	190,000

The Options have been granted with an exercise price of £0.46 and will vest on 8 June 2025. The Options were granted under award agreements that incorporated the terms of the Plan.

For further information, please contact: 

Destiny Pharma plc 

Neil Clark, CEO 

Shaun Claydon, CFO 

[phone] 

[e-mail]  

Optimum Strategic Communications 

Mary Clark / Manel Mateus /Vici Rabbetts

[phone]

[e-mail]  

finnCap Ltd (Nominated Advisor and Broker)

Geoff Nash / Kate Bannatyne / George Dollemore, Corporate Finance

Alice Lane / Nigel Birks / Harriet Ward, ECM

[phone]

MC Services AG  

Anne Hennecke / Andreas Burckhardt

[phone] 

About Destiny Pharma

Destiny Pharma is a clinical stage, innovative biotechnology company focused on the development of novel medicines that can prevent life-threatening infections. Its pipeline has novel microbiome-based biotherapeutics and XF drug clinical assets including NTCD-M3, a Phase 3 ready treatment for the prevention of C. difficile infection (CDI) recurrence which is the leading cause of hospital acquired infection in the US and also XF-73 nasal gel, which has recently completed a positive Phase 2b clinical trial targeting the prevention of post-surgical staphylococcal hospital infections including MRSA. It is also co-developing SporCov, a novel, biotherapeutic product for the prevention of COVID-19 and other viral respiratory infections and has earlier grant funded XF research projects.

For further information on the company, please visit www.destinypharma.com

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Yuri Martina
2.	Reason for the Notification
a)	Position/status	Chief Medical Officer
b)	Initial notification/Amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Destiny Pharma plc
b)	LEI	213800O9WH9Z38EHAC95
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	Grant of award of options over ordinary shares of 1 pence each ("Ordinary Shares") under the 2020 Destiny Pharma plc Long Term Incentive Plan.
	Identification code	DEST    GB00BDHSP575
b)	Nature of the transaction	Grant of award of options over Ordinary Shares under the 2020 Destiny Pharma plc Long Term Incentive Plan.
c)	Price(s) and volume(s)	£0.46 pence exercise price per Ordinary Share 190,000 Ordinary Shares
d)	Aggregated information: Aggregated volume Price	See 4c) above
e)	Date of the transaction	8 June 2022
f)	Place of the transaction	London Stock Exchange, AIM Market

 

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