REG - Arecor Therapeutics - Director Dealing
RNS Number : 2300BArecor Therapeutics PLC09 June 2021Arecor Therapeutics plc
("Arecor", the "Company" or the "Group")
Director Dealing
Cambridge, UK, 9th June 2021. Arecor Therapeutics plc (AIM: AREC), the biopharmaceutical company advancing today's therapies to enable healthier lives, today announces the following Directors' dealings:
Dr Andrew Richards, Non-Executive Chairman, purchased 12,500 ordinary shares of £0.01 each in the capital of the Company ("Ordinary Shares") at a price of 242.7 pence per Ordinary Share.
Christine Soden, Non-Executive Director, purchased 12,500 Ordinary Shares at a price of 242.7 pence per Ordinary Share.
Jeremy Morgan, Non-Executive Director, purchased 20,503 Ordinary Shares at a price of 242.5 pence per Ordinary Share.
Following the transactions, the total beneficial interest of Dr Andrew Richards is 217,168 Ordinary Shares, representing 0.78% of the total voting rights, the total beneficial interest of Christine Soden is 12,500 Ordinary Shares, representing 0.05% of the total voting rights and the total beneficial interest of Jeremy Morgan is 20,503 Ordinary Shares, representing 0.07% of the total voting rights.
-ENDS-
For more information, please contact:
Arecor Therapeutics plc
Dr Sarah Howell, Chief Executive Officer
Tel: +44 (0) 1223 426060
Email: info@arecor.com
Susan Lowther, Chief Financial Officer
Tel: +44 (0) 1223 426060
Email: info@arecor.com
Mo Noonan, Communications
Tel: +44 (0) 7876 444977
Email: mo.noonan@arecor.com
Panmure Gordon (UK) Limited (NOMAD and Broker)
Freddy Crossley, Emma Earl (Corporate Finance)
Rupert Dearden (Corporate Broking)
Tel: +44 (0) 20 7886 2500
Consilium Strategic Communications
Chris Gardner, David Daley, Angela Gray
Tel: +44 (0) 20 3709 5700
Email: arecor@consilium-comms.com
Notes to Editors
About Arecor
Arecor Therapeutics plc is a biopharmaceutical company transforming patient care by bringing innovative medicines to market. Through the enhancement of existing medicines using our Arestat™ technology, we are developing a broad portfolio of therapies as part of our proprietary pipeline and through partnerships with leading pharmaceutical and biotech companies. Our treatments for people living with chronic disease are designed to simplify patient care and improve medication adherence.
For further details please see our website, www.arecor.com
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
Andrew Richards
2
Reason for the notification
a)
Position/status
Non-Executive Chairman
b)
Initial notification/Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Arecor Therapeutics plc
b)
LEI
98450093D12I3A8DDD58
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
b)
Identification Code
GB00BMWLM973
c)
Nature of the transaction
Purchase of shares
d)
Price(s) and volume(s)
242.7 pence and 12,500 Ordinary Shares
e)
Aggregated information
- Aggregated volume
- Aggregated price
f)
Date of the transaction
8 June 2021
g)
Place of the transaction
London Stock Exchange, AIM
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Christine Soden
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
Arecor Therapeutics plc
b)
LEI
98450093D12I3A8DDD58
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
b)
Identification Code
GB00BMWLM973
c)
Nature of the transaction
Purchase of shares
d)
Price(s) and volume(s)
242.7 pence and 12,500 Ordinary Shares
e)
Aggregated information
- Aggregated volume
- Aggregated price
f)
Date of the transaction
8 June 2021
g)
Place of the transaction
London Stock Exchange, AIM
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Jeremy Morgan
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
Arecor Therapeutics plc
b)
LEI
98450093D12I3A8DDD58
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
b)
Identification Code
GB00BMWLM973
c)
Nature of the transaction
Purchase of shares
d)
Price(s) and volume(s)
242.5 pence and 20,503 Ordinary Shares
e)
Aggregated information
- Aggregated volume
- Aggregated price
f)
Date of the transaction
8 June 2021
g)
Place of the transaction
London Stock Exchange, AIM
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