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RNS Number : 9171K hVIVO PLC 02 June 2025
hVIVO plc
("hVIVO", the "Company" or the "Group")
CEO & CFO Share Purchase
hVIVO plc (AIM: HVO), a full-service Contract Research Organisation (CRO)
and the world leader in human challenge clinical trials, announces that on
Friday 30 May 2025, Yamin 'Mo' Khan, Chief Executive Officer and Stephen
Pinkerton, Chief Financial Officer, purchased shares in the Company as
detailed below:
Director No of shares purchased Purchase Price Resultant holding Resultant holding as a % of the issued share capital
Yamin 'Mo' Khan 1,100,000 8.9 pence 5,001,603 0.73%
Stephen Pinkerton 683,232* 8.76 pence 750,596* 0.11%
*343,232 of these shares were purchased/are held by Mrs Dolores Pinkerton,
wife of Stephen Pinkerton
Commenting, Dr Yamin 'Mo' Khan, Chief Executive Officer of hVIVO, said:
"Friday's trading update clearly raised concerns for our shareholders, but we
remain confident in the continued growth of human challenge trials and the
overall prospects for hVIVO, and accordingly Stephen and I have increased our
shareholdings in the Company to demonstrate our continued confidence in the
growth prospects of the Group.
"We have our largest ever sales pipeline, including projects under discussion
that would represent some of our biggest ever value contracts for human
challenge trials, such as the world's first ever Phase 3 HCT. We have also
successfully targeted a more diversified revenue base and we remain very
excited about the growth prospects of our hLAB services as well as our new
revenue streams from CRS's early phase clinical trial services and participant
recruitment."
For further information please contact:
hVIVO plc +44 (0)20 7756 1300
Yamin 'Mo' Khan, Chief Executive Officer
Stephen Pinkerton, Chief Financial Officer
Cavendish Capital Markets Limited (Nominated Adviser and Joint Broker) +44 (0)20 7220 0500
Geoff Nash, Callum Davidson,
Trisyia Jamaludin, Harriet Ward
Nigel Birks - Life Science Specialist Sales
Louise Talbot - Sales
Peel Hunt LLP (Joint Broker) +44 (0)20 7418 8900
James Steel, Dr Christopher Golden
Davy (Joint Broker) +353 (0) 1 679 6363
Anthony Farrell, Niall Gilchrist
Walbrook PR (Financial PR & IR) +44 (0)20 7933 8780 or hvivo@walbrookpr.com
Paul McManus / Alice Woodings / +44 (0)7980 541 893 / +44 (0)7407 804 654/
+44 (0)7584 391 303
Lianne Applegarth
The information contained within this announcement is deemed by the Company to
constitute inside information as stipulated under the Market Abuse Regulation
("MAR") EU no.596/2014. Upon the publication of this announcement via
Regulatory Information Service ("RIS"), this inside information is now
considered to be in the public domain.
Notes to Editors
hVIVO plc (https://hvivo.com/) (Ticker: HVO) is full-service Contract
Research Organisation (CRO) and the global leader in human challenge trials.
The company delivers end-to-end clinical development services to a diverse and
expanding client base, including seven of the world's ten largest biopharma
companies.
hVIVO specialises in conducting human challenge trials across multiple
infectious and respiratory indications, leveraging its state-of-the-art
quarantine facility in London-the largest of its kind worldwide. The company
also offers comprehensive virology and immunology laboratory services under
the hLAB (https://hlabservices.com/) brand.
Through its German subsidiary, CRS (https://crs-earlyphase.com/) , hVIVO
operates a 120-bed capacity across Mannheim and Kiel, providing early-phase
clinical trial services, including first-in-human and proof-of-concept
studies. Its second subsidiary, Venn Life Sciences
(https://www.vennlifesciences.com/) , offers Early Drug Development
Consulting and Biometry services to the biopharma sector.
The Group provides fully integrated drug development solutions from
preclinical stages through Phase II trials, alongside patient recruitment
via FluCamp (https://flucamp.com/) . Additionally, its five clinical sites
support outpatient Phase II and III trials, ensuring a seamless and
efficient pathway from discovery to late-stage development.
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 of PDMR Yamin Mo Khan
2 Reason for notification
a. Position/Status Chief Executive Officer
b. Initial notification/ Initial notification
Amendment
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a. Name hVIVO plc
b. LEI 213800VT5KBM7JLIV118
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 of £0.001 each
Identification Code
ISIN GB00B9275X97
b. Nature of the transaction Purchase of Ordinary Shares
c. Price(s) and volume(s) No. of Shares Price
1,100,000 8.9
d. Aggregated information
- Aggregated Volume See above
- Price
e. Date of the transaction 30 May 2025
f. Place of the transaction London Stock Exchange, AIM Market (XLON)
d.
Aggregated information
- Aggregated Volume
- Price
See above
e.
Date of the transaction
30 May 2025
f.
Place of the transaction
London Stock Exchange, AIM Market (XLON)
1 Details of the person discharging managerial responsibilities/person closely
associated
a. Name of PDMR Stephen Pinkerton
2 Reason for notification
a. Position/Status Chief Financial Officer
b. Initial notification/ Initial notification
Amendment
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a. Name hVIVO plc
b. LEI 213800VT5KBM7JLIV118
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 of £0.001 each
Identification Code
ISIN GB00B9275X97
b. Nature of the transaction Purchase of Ordinary Shares
c. Price(s) and volume(s) No. of Shares Price
683,232 8.76
d. Aggregated information
- Aggregated Volume See above
- Price
e. Date of the transaction 30 May 2025
f. Place of the transaction London Stock Exchange, AIM Market (XLON)
d.
Aggregated information
- Aggregated Volume
- Price
See above
e.
Date of the transaction
30 May 2025
f.
Place of the transaction
London Stock Exchange, AIM Market (XLON)
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