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REG - Advanced Oncotherapy - Director/PDMR Notification

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RNS Number : 6732D  Advanced Oncotherapy PLC  04 March 2022

4 March 2022

 

ADVANCED ONCOTHERAPY PLC

 

("Advanced Oncotherapy" or the "Company")

 

Director/PDMR Notification

 

Advanced Oncotherapy (AIM: AVO), the developer of LIGHT, the next-generation
proton therapy system for cancer treatment, announces that Prof. Steve Myers,
Executive Director and Executive Chairman of ADAM SA , yesterday purchased
25,000 ordinary shares of 25 pence each in the Company ("Ordinary Shares"), at
a price of 26 pence per share and 115,000 Ordinary Shares at a price of 28
pence per share. Following these purchases, Prof. Myers now has a total
interest in 1,540,569 Ordinary Shares, equivalent to 0.34% of the Company's
issued share capital.

 

The notification below, which has been made in accordance with the
requirements of the UK Market Abuse Regulation, provides further detail.

 

 Advanced Oncotherapy plc                                  www.avoplc.com (http://www.avoplc.com/)
 Dr. Michael Sinclair, Executive Chairman                  Tel: +44 (0) 20 3617 8728
 Nicolas Serandour, CEO

 Allenby Capital Limited (Nomad and Joint Broker)
 Nick Athanas / Liz Kirchner (Corporate Finance)           Tel: +44 (0) 20 3328 5656

 Amrit Nahal / Matt Butlin (Sales and Corporate Broking)

 SI Capital Ltd (Joint Broker)
 Nick Emerson                                              Tel: +44 (0) 1483 413 500
 Jon Levinson                                              Tel: +44 (0) 20 3871 4066

 FTI Consulting (Financial PR & IR)                        advancedoncotherapy@fticonsulting.com
                                                           (mailto:advancedoncotherapy@fticonsulting.com)
 Simon Conway / Rob Winder                                 Tel: +44 (0) 20 3727 1000

 

About Advanced Oncotherapy Plc

 

Advanced Oncotherapy, a UK headquartered company with offices in London,
Geneva, The Netherlands and in the USA, is a provider of particle therapy with
protons that harnesses the best in modern technology. Advanced Oncotherapy's
team "ADAM," based in Geneva, focuses on the development of a proprietary
proton accelerator called, Linac Image Guided Hadron Technology (LIGHT).
LIGHT's compact configuration delivers proton beams in a way that facilitates
greater precision and electronic control.

 

Advanced Oncotherapy will offer healthcare providers affordable systems that
will enable them to treat cancer with innovative technology as well as
expected lower treatment-related side effects.

 

Advanced Oncotherapy continually monitors the market for any emerging
improvements in delivering proton therapy and actively seeks working
relationships with providers of these innovative technologies. Through these
relationships, the Company will remain the prime provider of an innovative and
cost-effective system for particle therapy with protons.

 

 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
 a)   Name                                                         Prof. Stephen Myers
 2    Reason for the notification
 a)   Position/status                                              Executive Director & Executive Chairman of ADAM SA
 b)   Initial notification /Amendment                              Initial notification

 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         Advanced Oncotherapy plc
 b)   LEI                                                          213800LUDHZOG3YT6C82
 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 instrument, type of instrument  Ordinary shares of 25p each in Advanced Oncotherapy plc

      Identification code                                          Identification code (ISIN) for Advanced Oncotherapy plc ordinary shares:
                                                                   GB00BD6SX109
 b)   Nature of the transaction                                    Purchase of shares
 c)   Price(s) and volume(s)                                       Price: 26.0p

                                                                   Volume: 25,000 shares

                                                                   Price: 28.0p

                                                                   Volume: 115,000 shares

 d)   Aggregated information                                       n/a

      - Aggregated volume

      - Price
 e)   Date of the transaction                                      2 March 2022

 f)   Place of the transaction                                     London Stock Exchange, (XLON)

 

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