REG - Allergy Therapeutics - Director/PDMR Shareholding

Allergy TherapeuticsAnnouncement

15/01/2025 07:00

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RNS Number : 3360T  Allergy Therapeutics PLC  15 January 2025

 

Allergy Therapeutics plc

("Allergy Therapeutics" or the "Company")

 

PDMR Dealings

 

Issue of 687,500,000 Warrants

 

 

15 January 2025 - Allergy Therapeutics plc (AIM: AGY), the fully integrated
commercial biotechnology company specialising in allergy vaccines, today
announces that, further to the Company's announcements on 16 October 2024 and
27 December 2023, it has issued certificates in respect of 687,500,000
warrants to subscribe for new ordinary shares in the Company ("Warrants").

As previously announced, pursuant to the terms of the £50 million loan
facility under the facility agreement dated 6 April 2023 with SkyGem
Acquistion Limited (an affiliate of ZQ Capital Management Limited) ("SkyGem")
and Southern Fox Investments Limited ("Southern Fox"), as amended from time to
time, ("the Amended Loan Facility") the Company agreed to issue 25 Warrants
for every £1 drawn under the Amended Loan Facility at an exercise price of 4
pence per Warrant and exercisable on or prior to 15 October 2030. The Company
confirms that is has now issued certificates in respect of 457,937,500
Warrants to SkyGem and 229,562,500 Warrants to Southern Fox in accordance with
the terms of the Amended Loan Facility.

In addition to these Warrants, each of Sky Gem and Southern Fox hold
16,666,666 Warrants with an exercise price of 30 pence per Warrant and
exercisable until 28 February 2028.

 

For further information, please contact:

Allergy Therapeutics

Manuel Llobet, Chief Executive Officer

Shaun Furlong, Chief Financial Officer

+44 (0)1903 845 820

 

Cavendish Capital Markets Limited (Nominated Adviser and Broker)

Geoff Nash /Giles Balleny/ Seamus Fricker / Rory Sale

Nigel Birks - Life Science Specialist Sales

Tamar Cranford Smith - Sales

+44 (0)20 7220 0500

 

ICR Healthcare

Mary-Jane Elliott / David Daley / Davide Salvi

+44 (0)20 3709 5700

allergytherapeutics@icrhealthcare.com
(mailto:allergytherapeutics@icrhealthcare.com)

 

 

Notes for editors:

About Allergy Therapeutics

Allergy Therapeutics is an international commercial biotechnology company,
headquartered in the UK, focussed on the treatment and diagnosis of allergic
disorders, including aluminium free immunotherapy vaccines that have the
potential to cure disease. The Group sells proprietary and third-party
products from its subsidiaries in nine major European countries and via
distribution agreements in an additional ten countries. For more information,
please see www.allergytherapeutics.com (http://www.allergytherapeutics.com/)
.

 

 Notification and public disclosure of transactions by Director/persons
discharging managerial responsibilities ("PDMR") and persons closely
associated with them ("PCA")

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                         Southern Fox Investments Limited

 2   Reason for the notification
 a)  Position/status                                              Persons closely associated Mr. Anthony Parker, Non-Executive Director of
                                                                  Allergy Therapeutics Plc.
 b)  Initial notification/Amendment                               Initial notification.
 3   Details of the issuer, UK emission allowance market participant, auction
     platform or auctioneer
 a)  Name                                                         Allergy Therapeutics Plc
 b)  LEI                                                          213800PQ7AHK7KGVOE23
 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  Warrant Instrument

 b)  Nature of the transaction                                    Issue of warrants representing subscription rights for ordinary shares of
                                                                  £0.001 each.

 c)  Price(s) and volume(s)                                       Exercise Price(s)                      Volume(s)
     £0.04 (4 pence) per warrant                                                                         229,562,500

 d)  Aggregated information

     ·       - Aggregated volume                                  n/a

     ·       - Price
 e)  Date of the transaction                                      14 January 2025
 f)  Place of the transaction                                     Outside a trading venue.

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                         ZQ Capital Management Limited
 2   Reason for the notification
 a)  Position/status                                              Persons closely associated Mr. Zheqing Shen, Non-Executive Director of Allergy
                                                                  Therapeutics Plc.
 b)  Initial notification/Amendment                               Initial notification.
 3   Details of the issuer, UK emission allowance market participant, auction
     platform or auctioneer
 a)  Name                                                         Allergy Therapeutics Plc
 b)  LEI                                                          213800PQ7AHK7KGVOE23
 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  Warrant Instrument

 b)  Nature of the transaction                                    Issue of warrants representing subscription rights for ordinary shares of
                                                                  £0.001 each.

 c)  Price(s) and volume(s)                                       Exercise Price(s)                         Volume(s)
     £0.04 (4 pence) per warrant                                                                            457,937,500

 d)  Aggregated information

     ·       - Aggregated volume                                  n/a

     ·       - Price
 e)  Date of the transaction                                      14 January 2025
 f)  Place of the transaction                                     Outside a trading venue.

 

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