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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
E-therapeutics Plc | LSE:ETX | London | Ordinary Share | GB00B2823H99 | ORD 0.1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.025 | 0.27% | 9.20 | 9.20 | 9.40 | 9.20 | 9.00 | 9.00 | 1,322,426 | 14:49:08 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Coml Physical, Biologcl Resh | 475k | -8.27M | -0.0142 | -6.34 | 52.55M |
TIDMETX
RNS Number : 7794A
e-Therapeutics plc
03 January 2018
E-THERAPEUTICS PLC
("e-Therapeutics" or the "Company")
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS
DISCHARGING MANAGERIAL RESPONSIBILITIES AND ISSUE OF EQUITY
Oxford, UK, 3 January 2018 - e-Therapeutics plc (AIM: ETX), the drug discovery company, announces that on 2 January 2018 Professor Trevor Jones (Non-Executive Director) subscribed for a total of 59,460 new ordinary shares of 0.1p each in the Company (the "New Ordinary Shares") at a price of 9.25 pence per share. The subscription monies paid for the New Ordinary Shares represent 50% of Professor Jones' Non-Executive Director fees net of tax paid during the period from 1 July 2017 to 31 December 2017.
Application has been made to AIM for the admission of the New Ordinary Shares to trading on AIM ("Admission") and Admission is expected to occur on 8 January 2018. The New Ordinary Shares will rank pari passu in all respects with the Company's existing ordinary shares in issue.
Following Admission, Professor Jones will be interested in a total of 321,721 ordinary shares of 0.1p in the Company, representing approximately 0.12% of the Company's issued share capital.
Following Admission, the total number of ordinary shares in the Company with voting rights in issue will be 268,530,866. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.
The Company previously announced that on 5 October 2016 Professor Jones entered into a binding contractual arrangement with the Company under which he agreed, with effect from 1 October 2016, to invest 50% of his annual Non-Executive Director fees net of tax in new e-Therapeutics' ordinary shares.
The new shares will be issued to Professor Jones on the first business day after 31 December and 30 June in each year. The subscription price to be paid will be the average of the closing mid-market price for the five business days prior to the date of issue. The terms pursuant to which Professor Jones will purchase the shares are fixed, and he has irrevocably committed to such terms.
The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further details:
1 Details of the person discharging managerial responsibilities/person closely associated --- ------------------------------------------------------------ a) Name Trevor Jones --- ------------------------ ---------------------------------- 2 Reason for the notification --- ------------------------------------------------------------ a) Position/status Non-Executive Director --- ------------------------ ---------------------------------- b) Initial notification/ Initial notification Amendment --- ------------------------ ---------------------------------- 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 Ordinary Shares of 0.1 pence the financial instrument, type ISIN: GB00B2823H99 of instrument Identification code --- ------------------------ ---------------------------------- b) Nature of the Purchase of shares transaction --- ------------------------ ---------------------------------- c) Price(s) and 59,460 ordinary shares at a price volume(s) of 9.25 pence per share --- ------------------------ ---------------------------------- d) Aggregated information N/A - Aggregated volume - Price --- ------------------------ ---------------------------------- e) Date of the transaction 2 January 2018 --- ------------------------ ---------------------------------- f) Place of the London Stock Exchange, AIM (XLON) transaction --- ------------------------ ----------------------------------
For further information, please contact:
E-Therapeutics plc Tel: +44 (0) 1993 Ray Barlow, Chief Executive 883 125 Officer www.etherapeutics.co.uk Steve Medlicott, Finance Director Numis Securities Limited Tel: +44 (0) 207 Michael Meade/Freddie Barnfield 260 1000 (Corporate Finance) www.numis.com James Black (Corporate Broking) Instinctif Partners Tel: +44 (0) 207 Melanie Toyne Sewell/Alex 457 2020 Shaw Email: e-therapeutics@instinctif.com
About e-Therapeutics plc
We are an Oxford-based company with a unique and powerful computer-based drug discovery platform and a specialised approach to network biology.
Our novel methodology and our Discovery Engine allow us to discover new and better drugs in a more efficient and effective way.
e-therapeutics is headquartered in Oxford. For more information about the Company please visit www.etherapeutics.co.uk.
This information is provided by RNS
The company news service from the London Stock Exchange
END
DSHLLFFTLSIFIIT
(END) Dow Jones Newswires
January 03, 2018 02:00 ET (07:00 GMT)
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