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MGC Pharmaceuticals - Director/PDMR Shareholding

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RNS Number : 3970Z  MGC Pharmaceuticals Limited  11 January 2024

 

MGC Pharmaceuticals Ltd.

PDMR Notification

11 January 2024

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's as part of their
working contracts and as consideration for services rendered in lieu of cash
payments

 

 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                                           Shares issued as part of their working contracts and as consideration for
                                                                      services rendered in lieu of cash payments
 (d)  Currency                        Price                                                      Volume                     Total
      AUD                             A$0.55                                                     600,000                    A$330,000
      Aggregated information
      AUD                             A$0.55                                                     600,000                    A$330,000
 (e)  Date of transaction                                             10 January 2024

 (f)  Place of transaction                                            Outside a trading venue

 

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

 (a)  Name                                                            Sabina Suljakovic
 2    Reason for the notification

 (a)  Position                                                        Vice President of Global Quality

 (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 part of their working contracts and as consideration for
                                                                      services rendered in lieu of cash payments
 (d)  Currency                        Price                                                      Volume                     Total
      AUD                             A$0.55                                                     17,000                     A$9,350
      Aggregated information
      AUD                             A$0.55                                                     17,000                     A$9,350
 (e)  Date of transaction                                             10 January 2024

 (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 part of their working contracts and as consideration for
                                                                      services rendered in lieu of cash payments
 (d)  Currency                        Price                                                      Volume                     Total
      AUD                             A$0.55                                                     300,000                    A$165,000
      Aggregated information
      AUD                             A$0.55                                                     300,000                    A$165,000
 (e)  Date of transaction                                             10 January 2024

 (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 part of their working contracts and as consideration for
                                                                      services rendered in lieu of cash payments
 (d)  Currency                        Price                                                      Volume                     Total
         AUD                          A$0.55                                                     1,100,000                  A$605,000
      Aggregated information
      AUD                             A$0.55                                                     1,100,000                  A$605,000
 (e)  Date of transaction                                             10 January 2024

 (f)  Place of transaction                                            Outside a trading venue

 

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

 (a)  Name                                                            Rowan Harland
 2    Reason for the notification

 (a)  Position                                                        Company Secretary

 (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 part of their working contracts and as consideration for
                                                                      services rendered in lieu of cash payments
 (d)  Currency                        Price                                                      Volume                     Total
         AUD                          A$0.55                                                     7,000                      A$3,850
      Aggregated information
      AUD                             A$0.55                                                     7,000                      A$3,850
 (e)  Date of transaction                                             10 January 2024

 (f)  Place of transaction                                            Outside a trading venue

 

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

 (a)  Name                                                            Ana Arhar Oblak
 2    Reason for the notification

 (a)  Position                                                        Group Financial Controller

 (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 part of their working contracts and as consideration for
                                                                      services rendered in lieu of cash payments
 (d)  Currency                        Price                                                      Volume                     Total
         AUD                          A$0.55                                                     10,000                     A$5,500
      Aggregated information
      AUD                             A$0.55                                                     10,000                     A$5,500
 (e)  Date of transaction                                             10 January 2024

 (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                                                               Rowan Harland

 CEO & Managing Director                                                  Company Secretary

 +61 8 6555 2950                                                          +61 8 6555 2950

 info@mgcpharma.co.uk (mailto:info@mgcpharma.co.uk)                       info@mgcpharma.co.uk (mailto:info@mgcpharma.co.uk)

 UK IR/PR Advisers                                                        UK Brokers

 IFC Advisory                                                             Oberon Capital

 Graham Herring / Tim Metcalfe / Zach Cohen                               Aimee McCusker / Adam Pollock

 +44 203 934 6630                                                         +44 203 179 5300

 mgcpharma@investor-focus.co.uk (mailto:mgcpharma@investor-focus.co.uk)   aimeemccusker@oberoninvestments.com
                                                                          (mailto:aimeemccusker@oberoninvestments.com) adampollock@oberoninvestments.com
                                                                          (mailto:adampollock@oberoninvestments.com)

 

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