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RNS Number : 6938I Arecor Therapeutics PLC 14 May 2025
Arecor Therapeutics plc
("Arecor", the "Company" or the "Group")
Director Dealing
Cambridge, UK, 14 May 2025. Arecor Therapeutics plc (AIM: AREC), the
biopharmaceutical company advancing today's therapies to enable healthier
lives, today announces that Andrew Richards, Chair, has purchased 35,000
ordinary shares of £0.01 each in the capital of the Company ("Ordinary
Shares") at a price of £0.4125 per Ordinary Share.
Following the transaction, the total beneficial interest of Andrew Richards is
286,611 Ordinary Shares, representing 0.76% of the total voting rights.
-ENDS-
For more information, please contact:
Arecor Therapeutics plc www.arecor.com
Dr Sarah Howell, Chief Executive Officer Tel: +44 (0) 1223 426060
Email: info@arecor.com (mailto:info@arecor.com)
David Ellam, Chief Financial Officer Tel: +44 (0) 1223 426060
Email: info@arecor.com (mailto:info@arecor.com)
Singer Capital Markets Advisory LLP (NOMAD and Broker)
Phil Davies, Sam Butcher Tel: +44 (0) 20 7496 3000
ICR Healthcare
Chris Gardner, David Daley, Lindsey Neville Tel: +44 (0) 20 3709 5700
Email: arecor@icrhealthcare.com (mailto:arecor@icrhealthcare.com)
Notes to Editors
About Arecor
Arecor Therapeutics plc is a globally focused biopharmaceutical company
transforming patient care by bringing innovative medicines to market through
the enhancement of existing therapeutic products. By applying our innovative
proprietary technology platform, Arestat™, we are developing an internal
portfolio of proprietary products in diabetes and other indications, as well
as working with leading pharmaceutical and biotechnology companies to deliver
therapeutic products. The Arestat™ platform is supported by an extensive
patent portfolio. For further details please see our website, www.arecor.com
(http://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 Chair
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 98450093D1213A8DDD58
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) £0.4125 and 35,000 Ordinary Shares
e) Aggregated information N/A
- Aggregated volume
- Aggregated price
f) Date of the transaction 13 May 2025
g) Place of the transaction London Stock Exchange, AIM
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