SourceBio International PLC Director/PDMR Shareholding (6179Q)

TIDMSBI

RNS Number : 6179Q

SourceBio International PLC

28 October 2021

28 October 2021

SourceBio International plc

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

Director/PDMR Shareholding

SourceBio International plc has been notified that on 20 October 2021, Harwood Capital LLP made the following notifiable transactions; (i) Harwood Capital LLP transferred 5,453,161 and 655,164 ordinary shares of 0.15 pence each in the Company ("Ordinary Shares") to Oryx International Growth Fund Limited ("Oryx") and North Atlantic Smaller Companies Investment Trust plc ("NASCIT"), respectively; and (ii) Harwood Capital LLP disposed of 1,399,517 Ordinary Shares.

Christopher Mills, Non-Executive Director of the Company is Chief Executive of Harwood Capital LLP and has control of investment decisions in relation to Oryx and NASCIT. Following the transactions, Harwood Capital LLP and Christopher Mills are beneficially interested in 20,275,680 Ordinary Shares, representing 27.3% of the 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 
                                                  Harwood Capital LLP and Harwood Management 
                                                  (Gibraltar) Ltd, investment managers 
      ---------------------------------------  -------------------------------------------------- 
 2     Reason for the notification 
      ------------------------------------------------------------------------------------------- 
 a)    Position/status                          Christopher Mills is a non-executive 
                                                 director of the issuer and Chief 
                                                 Executive of the investment managers 
      ---------------------------------------  -------------------------------------------------- 
 b)    Initial notification                     Initial Notification 
        /Amendment 
      ---------------------------------------  -------------------------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ------------------------------------------------------------------------------------------- 
 a)    Name                                     SourceBio International Plc 
      ---------------------------------------  -------------------------------------------------- 
 b)    LEI                                      213800KY4C9WU7WBW518 
      ---------------------------------------  -------------------------------------------------- 
 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 the                       Ordinary shares of GBP0.0015 each 
        financial instrument, 
        type of instrument 
 
       Identification code                      GB00BKSB1674 
 
 b)    Nature of the transaction                     (i) Transfer of shares 
                                                      (ii) Disposal of shares 
      ---------------------------------------  -------------------------------------------------- 
 c)    Price(s) and volume(s)                    (i) 
                                                ----------------------  ----------------------- 
                                                 Price(s)                Volume(s) 
                                                ----------------------  ----------------------- 
                                                 Nil                     5,453,161 
                                                ----------------------  ----------------------- 
                                                 Nil                     655,164 
                                                ----------------------  ----------------------- 
                                                 (ii) 
                                                ----------------------  ----------------------- 
                                                 Price(s)                Volume(s) 
                                                ----------------------  ----------------------- 
                                                 125.00p                 1,339,517 
                                                ----------------------  ----------------------- 
 
 d)    Aggregated information 
  - Aggregated volume                      (i) 
 
   - Price                                  6,108,325 
 
                                            Nil 
 
                                            (ii) 
   N/A - Single transaction 
 
 e)    Date of the transaction                  20 October 2021 
 f)    Place of the transaction                 London Stock Exchange 
      ---------------------------------------  -------------------------------------------------- 
 

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October 28, 2021 08:55 ET (12:55 GMT)