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MGC Pharmaceuticals - Director/PDMR Shareholding

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RNS Number : 0035Z  MGC Pharmaceuticals Limited  10 May 2023

MGC Pharmaceuticals Ltd.

PDMR Notification

10 May 2023

ASX, LSE: MXC

 

MGC Pharmaceuticals Ltd ('MGC Pharma' or 'the Company') wishes to advise that
the following Persons Discharging Managerial Responsibilities (PDMR) have
dealt with shares in MGC Pharma, and this notification is made in accordance
the UK Market Abuse Regulations.

The shares subject of this notice were issued to the PDMR as part of their
working contracts and as consideration for services rendered in lieu of cash
payments. In addition to the issue, there was also a disposal of shares by one
PDMR.

Following the issue of these shares, the Company has 3,349,692,950 ordinary
shares in issue, each with one voting right. Therefore, the Company's total
number of ordinary shares in issue and voting rights is 3,349,692,950 and this
figure may be used by shareholders as the denominator for the calculations by
which they will determine if they are required to notify their interest in, or
a change to their interest in, the Company under the FCA's Disclosure Guidance
and Transparency Rules.

 

 1    Details of the person discharging managerial responsibilities/person closely
      associated

 (a)  Name                                                            Amir Polak
 2    Reason for the notification

 (a)  Position                                                        Chief Pharmaceutical Development Officer

 (b)  Initial notification/amendment                                  Initial

 (c)  If amendment: reason                                            n/a

 3    Details of the issuer, emission allowance market participant, auction
      platform, auctioneer or auction monitor
      Full name of entity                                             MGC Pharmaceuticals Limited

      Legal Entity Identifier Code                                    213800HRE3FQJ6RK4H10

 4    Details of the transaction(s): section to be repeated for (i) each type of
      instrument; (ii) each type of transaction; (iii) each date; (iv) each place
      where transactions have been conducted

 (a)  Description of the financial instrument, type of instrument     Fully Paid Ordinary Shares
 (b)  Identification Code (ISIN)                                      AU000000MXC6

 (c)  Nature of transaction                                           Disposal of shares

 (d)  Currency                        Price                                               Volume              Total
      AUD                             $0.008                                              500,000             $4,000
      Aggregated information
      AUD                             $0.008                                              500,000             $4,000
 (e)  Date of transaction                                             1. 2023-05-04
 (f)  Place of transaction                                            Australian Stock Exchange
 4    Details of the transaction(s): section to be repeated for (i) each type of
      instrument; (ii) each type of transaction; (iii) each date; (iv) each place
      where transactions have been conducted

 (a)  Description of the financial instrument, type of instrument     Fully Paid Ordinary Shares
 (b)  Identification Code (ISIN)                                      AU000000MXC6

 (c)  Nature of transaction                                           Shares issued as consideration for services rendered
 (d)  Currency                        Price                                               Volume              Total
      AUD                             $0.0107                                             7,209,112           $77,137
      Aggregated information
      AUD                             $0.0107                                             7,209,112           $77,137
 (e)  Date of transaction                                             2023-05-05

 (f)  Place of transaction                                            Outside a trading venue

 

 1    Details of the person discharging managerial responsibilities/person closely
      associated

 (a)  Name                                                            Itay Nissim
 2    Reason for the notification

 (a)  Position                                                        Chief Manufacturing and Supply Chain Officer

 (b)  Initial notification/amendment                                  Initial

 (c)  If amendment: reason                                            n/a

 3    Details of the issuer, emission allowance market participant, auction
      platform, auctioneer or auction monitor
      Full name of entity                                             MGC Pharmaceuticals Limited

      Legal Entity Identifier Code                                    213800HRE3FQJ6RK4H10

 4    Details of the transaction(s): section to be repeated for (i) each type of
      instrument; (ii) each type of transaction; (iii) each date; (iv) each place
      where transactions have been conducted

 (a)  Description of the financial instrument, type of instrument     Fully Paid Ordinary Shares
 (b)  Identification Code (ISIN)                                      AU000000MXC6

 (c)  Nature of transaction                                           Shares issued as consideration for services rendered.
 (d)  Currency                        Price                                               Volume              Total
      AUD                             $0.0107                                             6,946,963           $74,333
      Aggregated information
      AUD                             $0.0107                                             6,946,963           $74,333
 (e)  Date of transaction                                             2023-05-05

 (f)  Place of transaction                                            Outside a trading venue

 

 1    Details of the person discharging managerial responsibilities/person closely
      associated

 (a)  Name                                                            Robert Clements
 2    Reason for the notification

 (a)  Position                                                        Chief Commercial Officer

 (b)  Initial notification/amendment                                  Initial

 (c)  If amendment: reason                                            n/a

 3    Details of the issuer, emission allowance market participant, auction
      platform, auctioneer or auction monitor
      Full name of entity                                             MGC Pharmaceuticals Limited

      Legal Entity Identifier Code                                    213800HRE3FQJ6RK4H10

 4    Details of the transaction(s): section to be repeated for (i) each type of
      instrument; (ii) each type of transaction; (iii) each date; (iv) each place
      where transactions have been conducted

 (a)  Description of the financial instrument, type of instrument     Fully Paid Ordinary Shares
 (b)  Identification Code (ISIN)                                      AU000000MXC6

 (c)  Nature of transaction                                           Shares issued as consideration for services rendered.
 (d)  Currency                        Price                                               Volume              Total
      AUD                             $0.0107                                             7,537,673           $80,653
      Aggregated information
      AUD                             $0.0107                                             7,537,673           $80,653
 (e)  Date of transaction                                             2023-05-05

 (f)  Place of transaction                                            Outside a trading venue

 

 1    Details of the person discharging managerial responsibilities/person closely
      associated

 (a)  Name                                                            Tom Cairns
 2    Reason for the notification

 (a)  Position                                                        Chief Accounting Officer

 (b)  Initial notification/amendment                                  Initial

 (c)  If amendment: reason                                            n/a

 3    Details of the issuer, emission allowance market participant, auction
      platform, auctioneer or auction monitor
      Full name of entity                                             MGC Pharmaceuticals Limited

      Legal Entity Identifier Code                                    213800HRE3FQJ6RK4H10

 4    Details of the transaction(s): section to be repeated for (i) each type of
      instrument; (ii) each type of transaction; (iii) each date; (iv) each place
      where transactions have been conducted

 (a)  Description of the financial instrument, type of instrument     Fully Paid Ordinary Shares
 (b)  Identification Code (ISIN)                                      AU000000MXC6

 (c)  Nature of transaction                                           Shares issued as consideration for services rendered.
 (d)  Currency                        Price                                               Volume              Total
      AUD                             $0.0107                                             6,408,682           $68,573
      Aggregated information
      AUD                             $0.0107                                             6,408,682           $68,573
 (e)  Date of transaction                                             2023-05-05

 (f)  Place of transaction                                            Outside a trading venue

 

 1    Details of the person discharging managerial responsibilities/person closely
      associated

 (a)  Name                                                            Yifat Steuer
 2    Reason for the notification

 (a)  Position                                                        Chief Operating Officer and Deputy CEO

 (b)  Initial notification/amendment                                  Initial

 (c)  If amendment: reason                                            n/a

 3    Details of the issuer, emission allowance market participant, auction
      platform, auctioneer or auction monitor
      Full name of entity                                             MGC Pharmaceuticals Limited

      Legal Entity Identifier Code                                    213800HRE3FQJ6RK4H10

 4    Details of the transaction(s): section to be repeated for (i) each type of
      instrument; (ii) each type of transaction; (iii) each date; (iv) each place
      where transactions have been conducted

 (a)  Description of the financial instrument, type of instrument     Fully Paid Ordinary Shares
 (b)  Identification Code (ISIN)                                      AU000000MXC6

 (c)  Nature of transaction                                           Shares issued as consideration for services rendered.
 (d)  Currency                        Price                                               Volume              Total
      AUD                             $0.0107                                             11,359,813          $121,550
      Aggregated information
      AUD                             $0.0107                                             11,359,813          $121,550
 (e)  Date of transaction                                             2023-05-05

 (f)  Place of transaction                                            Outside a trading venue

 

 1    Details of the person discharging managerial responsibilities/person closely
      associated

 (a)  Name                                                            Yair Tal
 2    Reason for the notification

 (a)  Position                                                        Chief Information Security Officer

 (b)  Initial notification/amendment                                  Initial

 (c)  If amendment: reason                                            n/a

 3    Details of the issuer, emission allowance market participant, auction
      platform, auctioneer or auction monitor
      Full name of entity                                             MGC Pharmaceuticals Limited

      Legal Entity Identifier Code                                    213800HRE3FQJ6RK4H10

 4    Details of the transaction(s): section to be repeated for (i) each type of
      instrument; (ii) each type of transaction; (iii) each date; (iv) each place
      where transactions have been conducted

 (a)  Description of the financial instrument, type of instrument     Fully Paid Ordinary Shares
 (b)  Identification Code (ISIN)                                      AU000000MXC6

 (c)  Nature of transaction                                           Shares issued as consideration for services rendered.
 (d)  Currency                        Price                                               Volume              Total
      AUD                             $0.0107                                             7,078,038           $75,732
      Aggregated information
      AUD                             $0.0107                                             7,078,038           $75,732
 (e)  Date of transaction                                             2023-05-05

 (f)  Place of transaction                                            Outside a trading venue

 

 1    Details of the person discharging managerial responsibilities/person closely
      associated

 (a)  Name                                                            Nicole Godress
 2    Reason for the notification

 (a)  Position                                                        Global Chief Sales Officer MGC Medical

 (b)  Initial notification/amendment                                  Initial

 (c)  If amendment: reason                                            n/a

 3    Details of the issuer, emission allowance market participant, auction
      platform, auctioneer or auction monitor
      Full name of entity                                             MGC Pharmaceuticals Limited

      Legal Entity Identifier Code                                    213800HRE3FQJ6RK4H10

 4    Details of the transaction(s): section to be repeated for (i) each type of
      instrument; (ii) each type of transaction; (iii) each date; (iv) each place
      where transactions have been conducted

 (a)  Description of the financial instrument, type of instrument     Fully Paid Ordinary Shares
 (b)  Identification Code (ISIN)                                      AU000000MXC6

 (c)  Nature of transaction                                           Shares issued as consideration for services rendered.
 (d)  Currency                        Price                                               Volume              Total
      AUD                             $0.0107                                             876,636             $9,380
      Aggregated information
      AUD                             $0.0107                                             876,636             $9,380
 (e)  Date of transaction                                             2023-05-05

 (f)  Place of transaction                                            Outside a trading venue

 

--Ends--

 

Authorised for release by the Managing Director, for further information
please contact:

 MGC Pharmaceuticals Ltd                                        MGC Pharmaceuticals Ltd

 Roby Zomer                                                     Arron Canicais / Rowan Harland

 CEO & Managing Director                                        Joint Company Secretaries

 +61 8 6382 3390                                                +61 8 6382 3390

 info@mgcpharma.co.uk (mailto:info@mgcpharma.co.uk)             info@mgcpharma.co.uk (mailto:info@mgcpharma.co.uk)
  UK PR Advisors                                                UK Brokers

 Tavistock                                                      Peterhouse Capital

 Charles Vivian / Tim Pearson                                   Charles Goodfellow / Lucy Williams

 +44 207 920 3150                                               +44 207 469 0930

 mgcpharma@tavistock.co.uk (mailto:mgcpharma@tavistock.co.uk)   cg@peterhousecap.com (mailto:cg@peterhousecap.com)  / lw@peterhousecap.com
                                                                (mailto:lw@peterhousecap.com)
 UK Financial and Corporate Advisor

 SW4 Partners

 Rupert Fane / Nilesh Patel

 rupert@sw4partners.com (mailto:rupert@sw4partners.com)   /
 nilesh@sw4partners.com (mailto:nilesh@sw4partners.com)

 

 

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