Ergomed plc Directors' Dealing (0779L)

TIDMERGO

RNS Number : 0779L

Ergomed plc

16 April 2018

Ergomed Plc

("Ergomed" or the "Company")

Directors' Dealing

Ergomed, a profitable UK-based group dedicated to the provision of specialised services to the pharmaceutical industry and the development of new drugs, announces that on 16 April 2018, Dr Miroslav Reljanovic, founder and Executive Vice-Chairman of the Company, sold 4,000,000 ordinary shares of 1p each in the Company ("Share(s)") at a price of 190p per Share to meet institutional demand.

Following this transaction, Dr Miroslav Reljanovic's holding has reduced to 11,132,237 shares (representing 24.9 per cent. of the Company's issued share capital).

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

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                                      Dr Miroslav Reljanovic 
      ----------------------------------------  -------------------------------------- 
 2     Reason for the notification 
      -------------------------------------------------------------------------------- 
 a)    Position/status                           Founder and Executive Vice-Chairman 
      ----------------------------------------  -------------------------------------- 
 b)    Initial notification                      Initial Notification 
        /Amendment 
      ----------------------------------------  -------------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      -------------------------------------------------------------------------------- 
 a)    Name                                      Ergomed Plc 
      ----------------------------------------  -------------------------------------- 
 b)    Legal Entity                              213800BVS8I9VMC1AP84 
        Identifier 
      ----------------------------------------  -------------------------------------- 
 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 1 pence each 
        the financial 
        instrument, type 
        of instrument                             GB00BN7ZCY67 
 
        Identification 
        code 
      ----------------------------------------  -------------------------------------- 
 b)    Nature of the                             Sale of shares 
        transaction 
      ----------------------------------------  -------------------------------------- 
 c)    Currency                                  GBP 
      ----------------------------------------  -------------------------------------- 
 d)    Price(s) and                                  Price(s)           Volume(s) 
        volume(s) 
      ----------------------------------------  -----------------  ------------------- 
                                                       190p             4,000,000 
 ---------------------------------------------  -----------------  ------------------- 
 
 e)    Aggregated information                    Volume: 4,000,000 
        - Aggregated                              Price: 190p 
        volume                                    Aggregated volume: GBP7,600,000 
        - Price 
        - Aggregated 
        total 
      ----------------------------------------  -------------------------------------- 
 f)    Date of the transaction                   16 April 2018 
      ----------------------------------------  -------------------------------------- 
 g)    Place of the                              London Stock Exchange, AIM 
        transaction 
      ----------------------------------------  -------------------------------------- 
 

Enquiries:

 
 Ergomed plc                                       Tel: [phone] 
                                                              503205 
 Stephen Stamp (Chief Executive Officer) 
 
 Numis Securities Limited                       Tel: [phone] 
                                                                1000 
 Michael Meade / Freddie Barnfield (Nominated 
  Adviser) 
 James Black (Joint Broker) 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHIFMITMBABBJP

(END) Dow Jones Newswires

April 16, 2018 10:55 ET (14:55 GMT)