Directors Dealing Notification

RNS Number : 3812L

NetScientific PLC

18 April 2018

 

18 April 2018

NetScientific plc

Directors Dealing Notification

NetScientific plc (AIM:NSCI) (the "Company"), the transatlantic healthcare IP commercialisation group, announces that on 17 April 2018 it received notification that Sir Richard Sykes, Barry Wilson, and Steve Smith (the "Directors"), subscribed for New Ordinary Shares (the "Shares") in the NetScientific Placing and Subscription (the "Placing") at a price of 52.5 pence per Share, with the Shares admitted to trading on AIM on 17 April 2018.

The details of the Directors' shareholdings in the Company following the Placing are as follows:

	No. of Ordinary Shares as at 28 March 2018 (date of announcement of conditional Placing)	No. of New Ordinary Shares subscribed	No. of Ordinary Shares as at Admission	Percentage of enlarged share capital as at Admission
Sir Richard Sykes	62,500	30,952	93,452	0.12%
Barry Wilson	36,358	30,952	67,310	0.09%
Professor Stephen Smith	-	28,571	28,571	0.04%

The total number of voting rights in NetScientific is 78,561,866.

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

1	Details of the person discharging managerial responsibility / person closely associated
a)	Name	Sir Richard Sykes
2	Reason for the notification
a)	Position/status	PDMR (Non-Executive Director - Chairman)
b)	Initial notification/amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or  auction monitor
a)	Name	NetScientific plc

b)

LEI

213800N5WD46G1Y7I458

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	Ordinary shares
	Identification code	GB00B9F4MT28
b)	Nature of transaction	Participation in placing
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		£0.525 per share	30,952
d)	Aggregated information
	Aggregated volume	30,952
	Price	£0.525 per share
e)	Date of transaction	17 April 2018
f)	Place of transaction	UK AIM

1	Details of the person discharging managerial responsibility / person closely associated
a)	Name	Barry Wilson
2	Reason for the notification
a)	Position/status	PDMR (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	NetScientific plc

b)

LEI

213800N5WD46G1Y7I458

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	Ordinary shares
	Identification code	GB00B9F4MT28
b)	Nature of transaction	Participation in placing
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		£0.525 per share	30,952
d)	Aggregated information
	Aggregated volume	30,952
	Price	£0.525 per share
e)	Date of transaction	17 April 2018
f)	Place of transaction	UK AIM

1	Details of the person discharging managerial responsibility / person closely associated
a)	Name	Steve Smith
2	Reason for the notification
a)	Position/status	PDMR (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	NetScientific plc

b)

LEI

213800N5WD46G1Y7I458

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	Ordinary shares
	Identification code	GB00B9F4MT28
b)	Nature of transaction	Participation in placing
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		£0.525 per share	28,571
d)	Aggregated information
	Aggregated volume	28,571
	Price	£0.525 per share
e)	Date of transaction	17 April 2018
f)	Place of transaction	UK AIM

For more information, please contact:

NetScientific plc François R. Martelet, M.D., CEO Ian Postlethwaite, CFO	Tel: [phone]
Consilium Strategic Communications Mary-Jane Elliott/Jessica Hodgson Chris Welsh/Laura Thornton	Tel: [phone] [e-mail]
Stifel Nicolaus Europe Limited (NOMAD and Bookrunner) Jonathan Senior/David Arch/Ben Maddison	Tel: [phone]
Liberum Capital Limited (Placing Agent) David Parsons/Christopher Britton/Bidhi Bhoma/Euan Brown	Tel: [phone]

 

END

 

 

DSHGGUAUCUPRGQR