RNS Number : 8344K
Destiny Pharma PLC
07 January 2021
Destiny Pharma plc
("Destiny Pharma" or the "Company")
Directors Dealings
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 Directors' dealings
:
Nick Rodgers, Chairman, purchased 9,000 Ordinary Shares at a price of 88.0p per Ordinary Share. Following the transaction, his total beneficial interest is 47,462 Ordinary Shares, representing 0.08% of the total issued share capital of the Company.
Details of the full notification received by the Company are set out below:
|
1.
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Details of the person discharging managerial responsibilities / person closely associated
|
|
a)
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Name
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Nick Rodgers
|
|
2.
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Reason for the Notification
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|
a)
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Position/status
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Chairman
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b)
|
Initial notification/Amendment
|
Initial notification
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|
3.
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a)
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Name
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Destiny Pharma plc
|
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b)
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LEI
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213800O9WH9Z38EHAC95
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|
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
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a)
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Description of the Financial instrument, type of instrument
|
Ordinary Shares of 1 pence each in Destiny Pharma Plc
|
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Identification code
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DEST GB00BDHSP575
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b)
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Nature of the transaction
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Purchase of Ordinary Shares
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c)
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Price(s) and volume(s)
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88.0 pence per Ordinary Share
9,000 Ordinary Shares
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d)
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Aggregated information:
Aggregated volume
Price
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See 4c) above
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e)
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Date of the transaction
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6 January 2021
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f)
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Place of the transaction
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London Stock Exchange, AIM Market
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Enquiries:
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Destiny Pharma plc
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+44 (0) 1273 704 440
|
|
Neil Clark (Chief Executive Officer)
Shaun Claydon (Chief Financial Officer and Company Secretary)
|
|
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finnCap Limited - Nominated Adviser and Joint Broker
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+44 (0) 20 7220 0500
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Geoff Nash / Kate Bannatyne / Charlie Beeson (Corporate Finance)
Alice Lane (ECM)
|
|
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WG Partners LLP - Joint Broker
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+44 (0) 20 3705 9330
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Nigel Barnes / Claes Spång / Nigel Birks / Andrew Craig
|
|
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Optimum Strategic Communications
|
+44 (0) 203 174 1789
|
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Mary Clark / Shabnam Bashir / Manel Mateus
|
|
The information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014.
Ab
out 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 is in a Phase 2b clinical trial targeting the prevention of post-surgical Staphylococcal hospital including MRSA. It is also co-developing SPOR-COV, 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, please visit
https://www.destinypharma.com
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