Grafenia plc Director/PDMR Shareholding (9340K)

TIDMGRA

RNS Number : 9340K

Grafenia plc

13 April 2018

13 April 2018

Grafenia plc

("Grafenia", the "Group" or "Company")

Director/PDMR shareholding

The Company has been notified of the following transactions by persons discharging managerial responsibilities.

Peter Gunning, CEO of the Company and Conrad Bona, Non Executive Director of the Company, have made the following purchases of Ordinary Shares in connection with the Placing announced on 13 April 2018. The Placing is conditional, inter alia, on the approval of Shareholders at a forthcoming General Meeting of resolutions to provide authority to the Directors to issue and allot further new Ordinary Shares on a non-pre-emptive basis.

Peter Gunning purchased 175,000 Ordinary Shares at a price of 12 pence per share and upon Admission will hold a total beneficial interest in 1,625,000 Ordinary Shares, equivalent to 2.12 per cent. of the Company's ordinary share capital upon Admission.

Conrad Bona purchased 250,000 Ordinary Shares at a price of 12 pence per share and upon Admission will hold a total beneficial interest in 865,000 Ordinary Shares, equivalent to 1.13 per cent. of the Company's ordinary share capital upon Admission.

Defined terms used in this announcement have the meaning as set out in the announcement of 13 April 2018 and as in the Circular of the same date, unless otherwise stated.

For further information:

 
Grafenia plc 
 Peter Gunning (CEO)                  07973 191 632 
 Alan Roberts (Finance Director)       0161 848 5713 
Allenby Capital Limited (Nominated 
 Adviser and broker) 
 Virginia Bull / Liz Kirchner 
 / Nicholas Chambers                   0203 328 5656 
 

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

This notification is made in accordance with the Market Abuse Regulations.

 
1.  Details of the person discharging managerial 
     responsibilities / person closely associated 
    ----------------------------------------------------------- 
a)  Name                            Peter Gunning 
    ------------------------------  --------------------------- 
2.  Reason for the Notification 
    ----------------------------------------------------------- 
a)  Position/status                 CEO 
    ------------------------------  --------------------------- 
b)  Initial notification/Amendment  Initial notification 
    ------------------------------  --------------------------- 
3.  Details of the issuer, emission allowance 
     market participant, auction platform, 
     auctioneer or auction monitor 
    ----------------------------------------------------------- 
a)  Name                            Grafenia plc 
    ------------------------------  --------------------------- 
b)  LEI                             213800OKTI2518K5KM22 
    ------------------------------  --------------------------- 
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                    in Grafenia plc 
     instrument, type 
     of instrument 
 
    Identification                  GB0009638130 
     code 
    ------------------------------  --------------------------- 
b)  Nature of the                    Purchase of shares 
     transaction 
    ------------------------------  --------------------------- 
c)  Price(s) and                     Price(s)  Volume(s) 
     volume(s)                        --------  --------- 
                                      12p       175,000 
                                      --------  --------- 
    ------------------------------  --------------------------- 
d)  Aggregated information:         n/a 
     Aggregated volume 
     Price 
    ------------------------------  --------------------------- 
e)  Date of the transaction         13 April 2018 
    ------------------------------  --------------------------- 
f)  Place of the                    Outside a Trading Venue - 
     transaction                     conditional issue of new 
                                     ordinary shares 
    ------------------------------  --------------------------- 
 
 
1.  Details of the person discharging managerial 
     responsibilities / person closely associated 
    ----------------------------------------------------------- 
a)  Name                            Conrad Bona 
    ------------------------------  --------------------------- 
2.  Reason for the Notification 
    ----------------------------------------------------------- 
a)  Position/status                 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                            Grafenia plc 
    ------------------------------  --------------------------- 
b)  LEI                             213800OKTI2518K5KM22 
    ------------------------------  --------------------------- 
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                    in Grafenia plc 
     instrument, type 
     of instrument 
 
    Identification                  GB0009638130 
     code 
    ------------------------------  --------------------------- 
b)  Nature of the                    Purchase of shares 
     transaction 
    ------------------------------  --------------------------- 
c)  Price(s) and                     Price(s)  Volume(s) 
     volume(s)                        --------  --------- 
                                      12p       250,000 
                                      --------  --------- 
    ------------------------------  --------------------------- 
d)  Aggregated information:         n/a 
     Aggregated volume 
     Price 
    ------------------------------  --------------------------- 
e)  Date of the transaction         13 April 2018 
    ------------------------------  --------------------------- 
f)  Place of the                    Outside a Trading Venue - 
     transaction                     conditional issue of new 
                                     ordinary shares 
    ------------------------------  --------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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April 13, 2018 11:53 ET (15:53 GMT)