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
|
Numis Securities Limited Michael Meade / Freddie Barnfield James Black (Corporate Broking)
|
Tel: +44 (0) 207 260 1000
|
Instinctif Partners Melanie Toyne Sewell / Alex Shaw |
Tel: +44 (0) 207 457 2020 |
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.