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MGC Pharmaceuticals - PDMR Notification

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RNS Number : 3972G  MGC Pharmaceuticals Limited  18 July 2023

MGC Pharmaceuticals Ltd.

PDMR Notification

18 July 2023

ASX, LSE: MXC

 

MGC Pharmaceuticals Ltd ('MGC Pharma' or 'the Company') announces, further to
the Company's "£0.7 million Fundraising" announcement on 14 July 2023,
details of the participation of Persons Discharging Managerial
Responsibilities ("PDMRs") in the Subscription in accordance with the UK
Market Abuse regulations.

Full details of the shares subscribed by the PDMRs in the Subscription are
contained in the disclosure tables below.

Capitalised terms not otherwise defined in this announcement shall have the
same meaning ascribed to them in the Company's announcement made on 14 July
2023.

 

 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 following participation in fundraise
 (d)  Currency                        Price                                              Volume             Total
      GBP                             £0.0012                                            4,416,667          £5,300
      Aggregated information
      GBP                             £0.0012                                            4,416,667          £5,300
 (e)  Date of transaction                                             14 July 2023

 (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 following participation in fundraise
 (d)  Currency                        Price                                              Volume             Total
      GBP                             £0.0012                                            3,833,333          £4,600
      Aggregated information
      GBP                             £0.0012                                            3,833,333          £4,600
 (e)  Date of transaction                                             14 July 2023

 (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 following participation in fundraise
 (d)  Currency                        Price                                              Volume             Total
      GBP                             £0.0012                                            2,166,667          £2,600
      Aggregated information
      GBP                             £0.0012                                            2,166,667          £2,600
 (e)  Date of transaction                                             14 July 2023

 (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 following participation in fundraise
 (d)  Currency                        Price                                              Volume             Total
      GBP                             £0.0012                                            5,833,333          £7,000
      Aggregated information
      GBP                             £0.0012                                            5,833,333          £7,000
 (e)  Date of transaction                                             14 July 2023

 (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 Brokers                                                               UK Brokers

 Peterhouse Capital                                                       Oberon Capital

 Charles Goodfellow / Lucy Williams / Duncan Vasey                        Adam Pollock / Aimee McCusker

 +44 207 469 0930                                                         +44 203 179 5300

 mgcpharma@tavistock.co.uk (mailto:mgcpharma@tavistock.co.uk)             adampollock@oberoninvestments.com (mailto:adampollock@oberoninvestments.com)
                                                                          aimeemccusker@oberoninvestments.com
                                                                          (mailto:aimeemccusker@oberoninvestments.com)
 UK IR/PR Advisers

 IDC Advisory

 Graham Herring / Tim Metcalfe / Zach Cohen

 mgcpharma@investor-focus.co.uk (mailto:mgcpharma@investor-focus.co.uk)

 

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