ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

VAL Valirx Plc

3.35
0.05 (1.52%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Valirx Plc LSE:VAL London Ordinary Share GB00BLH13C52 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.05 1.52% 3.35 3.30 3.40 3.35 3.30 3.30 164,059 15:18:31
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Medical Laboratories 0 -2.37M -0.0262 -1.28 3.02M

ValiRx PLC Issue of options and directors dealings (4699E)

09/02/2018 11:57am

UK Regulatory


Valirx (LSE:VAL)
Historical Stock Chart


From Apr 2019 to Apr 2024

Click Here for more Valirx Charts.

TIDMVAL

RNS Number : 4699E

ValiRx PLC

09 February 2018

VALIRX PLC

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

Issue of options and directors dealings

London, UK., 9 February 2018: ValiRx Plc (AIM: VAL), the clinical stage biotechnology company, announces it has awarded options to directors and key management. The options may be exercised at a price of 4 pence per share at any time up until 7 February 2028.

 
 Name of Director    Number of   Option       Total number   % of existing 
                      Existing    Award        of Options     share 
                      Options*                                capital 
------------------  ----------  -----------  -------------  -------------- 
 Oliver de 
  Giorgio-Miller     555,000     2,750,000    3,305,000      0.8% 
------------------  ----------  -----------  -------------  -------------- 
 Dr Satu Vainikka    694,000     3,625,000    4,319,000      1.1% 
------------------  ----------  -----------  -------------  -------------- 
 Dr George 
  Morris             597,000     3,125,000    3,722,000      0.9% 
------------------  ----------  -----------  -------------  -------------- 
 Gerry Desler        592,960     3,000,000    3,592,960      0.9% 
------------------  ----------  -----------  -------------  -------------- 
 Kevin Alexander     545,000     2,500,000    3,045,000      0.7% 
------------------  ----------  -----------  -------------  -------------- 
 Others              429,000     2,300,000    2,279,000      0.6% 
------------------  ----------  -----------  -------------  -------------- 
 Total               3,412,960   17,300,000   20,712,960     5.0% 
------------------  ----------  -----------  -------------  -------------- 
 

*existing options are exercisable at a price between 43.125p - 125p

The issued share capital of the Company comprises 407,462,717 ordinary shares of 0.1 pence per shares. The table below illustrates the existing equity holdings of the directors:

 
 Name of Director    Total number   % of existing 
                      of shares      share 
                                     capital 
------------------  -------------  -------------- 
 Oliver de 
  Giorgio-Miller     59,555         0.015% 
------------------  -------------  -------------- 
 Dr Satu Vainikka    624,909        0.15% 
------------------  -------------  -------------- 
 Dr George 
  Morris             588,287        0.14% 
------------------  -------------  -------------- 
 Gerry Desler        541,875        0.13% 
------------------  -------------  -------------- 
 Kevin Alexander     104,278        0.026% 
------------------  -------------  -------------- 
 Total               1,918,904      0.46% 
------------------  -------------  -------------- 
 

***S ***

For more information, please contact:

 
 ValiRx plc                                 Tel: +44 (0) 20 
                                             3008 4416 
                                             www.valirx.com 
 Dr Satu Vainikka, Chief Executive          Tel: +44 (0) 20 
                                             3008 4416 
 Tarquin Edwards, Head of Communications.   Tel: +44 (0) 7879 
                                             458 364 
                                             tarquin.edwards@valirx.com 
 
 Cairn Financial Advisers LLP               Tel: +44 (0) 20 
  (Nominated Adviser)                        7213 0880 
  Liam Murray/Jo Turner/Richard 
  Nash 
 
 Beaufort Securities Limited                Tel: +44 (0) 207 
  (Broker)                                   382 8300 
  Jon Belliss 
 

Notes for Editors

About ValiRx

ValiRx is a biotechnology oncology focused company specialising in developing novel treatments for cancer and associated biomarkers. It aims to make a significant contribution in "precision" medicine and science, namely to engineer a breakthrough into human health and well-being, through the early detection of cancer and its therapeutic intervention.

The Company's business model focuses on out-licensing therapeutic candidates early in the development process. By aiming for early-stage value creation, the company reduces risk considerably while increasing the potential for realising value. The group is already in licensing discussions with major players in the oncology field.

ValiRx's two classes of drugs in development, which each have the potential for meeting hitherto unmet medical needs by existing methods, have worldwide patent filings and agreed commercial rights. They originate or derive from World class institutions, such as Cancer Research UK and Imperial College.

Until recently, cancer treatments relied on non-specific agents, such as chemotherapy. With the development of target-based agents, primed to attack cancer cells only, less toxic and more effective treatments are now possible. New drugs in this group-such as those in ValiRx's pipeline-promise to greatly improve outcomes for cancer patients.

The Company listed on the AIM Market of the London Stock Exchange in October 2006 and trades under the ticker symbol: VAL

 
 Notification of a Transaction pursuant to Article 
  19(1) of Regulation (EU) No. 596/2014 
------------------------------------------------------------------------ 
 1      Details of the person discharging managerial 
         responsibilities/person closely associated 
-----  ----------------------------------------------------------------- 
 a.     Name                          Oliver de Giorgio-Miller 
-----  ----------------------------  ----------------------------------- 
 2      Reason for 
         notification 
-----  ----------------------------  ----------------------------------- 
 a.     Position/Status               Director 
-----  ----------------------------  ----------------------------------- 
 b.     Initial notification/         Initial notification 
         Amendment 
-----  ----------------------------  ----------------------------------- 
 3      Details of the issuer, emission allowance 
         market participant, auction platform, auctioneer 
         or auction monitor 
-----  ----------------------------------------------------------------- 
 a.     Name                          ValiRx Plc 
-----  ----------------------------  ----------------------------------- 
 b.     LEI                           213800VQKB9SJCQDET40 
-----  ----------------------------  ----------------------------------- 
 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 financial              Options over ordinary shares 
         instrument, 
         type of instrument 
 
         Identification                ISIN: GB00BWWYSP41 
         Code 
-----  ----------------------------  ----------------------------------- 
 b.     Nature of the                  Grant of options 
         transaction 
-----  ----------------------------  ----------------------------------- 
 
 c.     Price(s) and                  Price(s)           Volume(s) 
         volume(s)                     per share 
-----  ----------------------------  -----------------  ------------- 
                                      4p                 2,750,000 
                                     -----------------  ------------- 
 
        Aggregated 
         information 
 
         - Aggregated 
         Volume                         2,750,000 
 
 d.      - Price                        4p 
-----  ----------------------------  ----------------------------------- 
 e.     Date of the                   9 February 2018 
         transaction 
-----  ----------------------------  ----------------------------------- 
 f.     Place of the                  AIM 
         transaction 
-----  ----------------------------  ----------------------------------- 
 
 
 Notification of a Transaction pursuant to Article 
  19(1) of Regulation (EU) No. 596/2014 
------------------------------------------------------------------------ 
 1      Details of the person discharging managerial 
         responsibilities/person closely associated 
-----  ----------------------------------------------------------------- 
 a.     Name                          Dr Satu Vainikka 
-----  ----------------------------  ----------------------------------- 
 2      Reason for 
         notification 
-----  ----------------------------  ----------------------------------- 
 a.     Position/Status               Director 
-----  ----------------------------  ----------------------------------- 
 b.     Initial notification/         Initial notification 
         Amendment 
-----  ----------------------------  ----------------------------------- 
 3      Details of the issuer, emission allowance 
         market participant, auction platform, auctioneer 
         or auction monitor 
-----  ----------------------------------------------------------------- 
 a.     Name                          ValiRx Plc 
-----  ----------------------------  ----------------------------------- 
 b.     LEI                           213800VQKB9SJCQDET40 
-----  ----------------------------  ----------------------------------- 
 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 financial              Options over ordinary shares 
         instrument, 
         type of instrument 
 
         Identification                ISIN: GB00BWWYSP41 
         Code 
-----  ----------------------------  ----------------------------------- 
 b.     Nature of the                  Grant of options 
         transaction 
-----  ----------------------------  ----------------------------------- 
 
 c.     Price(s) and                  Price(s)           Volume(s) 
         volume(s)                     per share 
-----  ----------------------------  -----------------  ------------- 
                                      4p                 3,625,000 
                                     -----------------  ------------- 
 
        Aggregated 
         information 
 
         - Aggregated 
         Volume                         3,625,000 
 
 d.      - Price                        4p 
-----  ----------------------------  ----------------------------------- 
 e.     Date of the                   9 February 2018 
         transaction 
-----  ----------------------------  ----------------------------------- 
 f.     Place of the                  AIM 
         transaction 
-----  ----------------------------  ----------------------------------- 
 
 
 Notification of a Transaction pursuant to Article 
  19(1) of Regulation (EU) No. 596/2014 
------------------------------------------------------------------------ 
 1      Details of the person discharging managerial 
         responsibilities/person closely associated 
-----  ----------------------------------------------------------------- 
 a.     Name                          Dr George Morris 
-----  ----------------------------  ----------------------------------- 
 2      Reason for 
         notification 
-----  ----------------------------  ----------------------------------- 
 a.     Position/Status               Director 
-----  ----------------------------  ----------------------------------- 
 b.     Initial notification/         Initial notification 
         Amendment 
-----  ----------------------------  ----------------------------------- 
 3      Details of the issuer, emission allowance 
         market participant, auction platform, auctioneer 
         or auction monitor 
-----  ----------------------------------------------------------------- 
 a.     Name                          ValiRx Plc 
-----  ----------------------------  ----------------------------------- 
 b.     LEI                           213800VQKB9SJCQDET40 
-----  ----------------------------  ----------------------------------- 
 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 financial              Options over ordinary shares 
         instrument, 
         type of instrument 
 
         Identification                ISIN: GB00BWWYSP41 
         Code 
-----  ----------------------------  ----------------------------------- 
 b.     Nature of the                  Grant of options 
         transaction 
-----  ----------------------------  ----------------------------------- 
 
 c.     Price(s) and                  Price(s)           Volume(s) 
         volume(s)                     per share 
-----  ----------------------------  -----------------  ------------- 
                                      4p                 3,125,000 
                                     -----------------  ------------- 
 
        Aggregated 
         information 
 
         - Aggregated 
         Volume                         3,125,000 
 
 d.      - Price                        4p 
-----  ----------------------------  ----------------------------------- 
 e.     Date of the                   9 February 2018 
         transaction 
-----  ----------------------------  ----------------------------------- 
 f.     Place of the                  AIM 
         transaction 
-----  ----------------------------  ----------------------------------- 
 
 
 Notification of a Transaction pursuant to Article 
  19(1) of Regulation (EU) No. 596/2014 
------------------------------------------------------------------------ 
 1      Details of the person discharging managerial 
         responsibilities/person closely associated 
-----  ----------------------------------------------------------------- 
 a.     Name                          Gerry Desler 
-----  ----------------------------  ----------------------------------- 
 2      Reason for 
         notification 
-----  ----------------------------  ----------------------------------- 
 a.     Position/Status               Director 
-----  ----------------------------  ----------------------------------- 
 b.     Initial notification/         Initial notification 
         Amendment 
-----  ----------------------------  ----------------------------------- 
 3      Details of the issuer, emission allowance 
         market participant, auction platform, auctioneer 
         or auction monitor 
-----  ----------------------------------------------------------------- 
 a.     Name                          ValiRx Plc 
-----  ----------------------------  ----------------------------------- 
 b.     LEI                           213800VQKB9SJCQDET40 
-----  ----------------------------  ----------------------------------- 
 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 financial              Options over ordinary shares 
         instrument, 
         type of instrument 
 
         Identification                ISIN: GB00BWWYSP41 
         Code 
-----  ----------------------------  ----------------------------------- 
 b.     Nature of the                  Grant of options 
         transaction 
-----  ----------------------------  ----------------------------------- 
 
 c.     Price(s) and                  Price(s)           Volume(s) 
         volume(s)                     per share 
-----  ----------------------------  -----------------  ------------- 
                                      4p                 3,000,000 
                                     -----------------  ------------- 
 
        Aggregated 
         information 
 
         - Aggregated 
         Volume                         3,000,000 
 
 d.      - Price                        4p 
-----  ----------------------------  ----------------------------------- 
 e.     Date of the                   9 February 2018 
         transaction 
-----  ----------------------------  ----------------------------------- 
 f.     Place of the                  AIM 
         transaction 
-----  ----------------------------  ----------------------------------- 
 
 
 Notification of a Transaction pursuant to Article 
  19(1) of Regulation (EU) No. 596/2014 
------------------------------------------------------------------------ 
 1      Details of the person discharging managerial 
         responsibilities/person closely associated 
-----  ----------------------------------------------------------------- 
 a.     Name                          Kevin Alexander 
-----  ----------------------------  ----------------------------------- 
 2      Reason for 
         notification 
-----  ----------------------------  ----------------------------------- 
 a.     Position/Status               Director 
-----  ----------------------------  ----------------------------------- 
 b.     Initial notification/         Initial notification 
         Amendment 
-----  ----------------------------  ----------------------------------- 
 3      Details of the issuer, emission allowance 
         market participant, auction platform, auctioneer 
         or auction monitor 
-----  ----------------------------------------------------------------- 
 a.     Name                          ValiRx Plc 
-----  ----------------------------  ----------------------------------- 
 b.     LEI                           213800VQKB9SJCQDET40 
-----  ----------------------------  ----------------------------------- 
 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 financial              Options over ordinary shares 
         instrument, 
         type of instrument 
 
         Identification                ISIN: GB00BWWYSP41 
         Code 
-----  ----------------------------  ----------------------------------- 
 b.     Nature of the                  Grant of options 
         transaction 
-----  ----------------------------  ----------------------------------- 
 
 c.     Price(s) and                  Price(s)           Volume(s) 
         volume(s)                     per share 
-----  ----------------------------  -----------------  ------------- 
                                      4p                 2,500,000 
                                     -----------------  ------------- 
 
        Aggregated 
         information 
 
         - Aggregated 
         Volume                         2,500,000 
 
 d.      - Price                        4p 
-----  ----------------------------  ----------------------------------- 
 e.     Date of the                   9 February 2018 
         transaction 
-----  ----------------------------  ----------------------------------- 
 f.     Place of the                  AIM 
         transaction 
-----  ----------------------------  ----------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCEAFANESSPEFF

(END) Dow Jones Newswires

February 09, 2018 06:57 ET (11:57 GMT)

1 Year Valirx Chart

1 Year Valirx Chart

1 Month Valirx Chart

1 Month Valirx Chart

Your Recent History

Delayed Upgrade Clock