Proteome Sciences PLC Holdings in Company / PDMR Shareholding (2160T)

TIDMPRM

RNS Number : 2160T

Proteome Sciences PLC

03 January 2017

Proteome Sciences plc

(the "Company")

Holdings in Company and PDMR Shareholding

Proteome Sciences plc (AIM:PRM) received notification from Vulpes Life Science Fund ("Vulpes"), of which Martin Diggle, a non-executive director of the Company, is a director and partner, that on 28, 29 and 30 December 2016, it purchased 265,000, 250,000 and 350,000 ordinary shares of 1 pence each ("Ordinary Shares") respectively, at an average price of 5.74 pence per Ordinary Share (the "Transaction"). Following the Transaction, Vulpes (and Mr Diggle) have a beneficial interest in 53,838,125 Ordinary Shares, representing approximately 18.29% of the current issued share capital of the Company.

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                             Vulpes Life Science Fund 
---  -------------------------------  --------------------------------- 
 2.   Reason for the Notification 
---  ------------------------------------------------------------------ 
 a)   Position/status                  Martin Diggle, non-executive 
                                        director of the Company is 
                                        a director and partner of 
                                        Vulpes Life Science Fund 
---  -------------------------------  --------------------------------- 
 b)   Initial notification/Amendment   Initial notification 
---  -------------------------------  --------------------------------- 
 3.   Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  ------------------------------------------------------------------ 
 a)   Name                             Proteome Sciences plc 
---  -------------------------------  --------------------------------- 
 b)   LEI                              n/a 
---  -------------------------------  --------------------------------- 
 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 1p each 
       the Financial 
       instrument, type 
       of instrument 
--- 
      Identification                   GB0003104196 
       code 
---  -------------------------------  --------------------------------- 
 b)   Nature of the                    Purchase of Ordinary Shares 
       transaction 
---  -------------------------------  --------------------------------- 
 c)   Price(s) and                      Price(s)   Volume(s) 
       volume(s)                        ---------  ---------- 
       28 December 2016                  5.75p      265,000 
       29 December 2016                   5.75p      250,000 
       30 December 2016                   5.725p     350,000 
                                        ---------  ---------- 
---  -------------------------------  --------------------------------- 
 d)   Aggregated information: 
        *    Aggregated volume           865,000 Ordinary Shares of 
                                         1 pence each purchased at 
                                         an average price of 5.74 pence 
        *    Price                       per Ordinary Share 
---  -------------------------------  --------------------------------- 
 e)   Date of the transaction          28 December 2016, 29 December 
                                        2016 and 30 December 2016 
---  -------------------------------  --------------------------------- 
 f)   Place of the                     London Stock Exchange, AIM 
       transaction                      Market (XLON) 
---  -------------------------------  --------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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January 03, 2017 08:34 ET (13:34 GMT)