REG - NetScientific PLC - PDS Biotechnology proposed offering

NetscientificAnnouncement

11/02/2020 14:25

RNS Number : 6657C
NetScientific PLC
11 February 2020
 


NetScientific plc 
("NetScientific" or the "Company")
 
PDS Biotechnology proposed offering
 
NetScientific plc ("NetScientific", AIM:NSCI), the transatlantic healthcare IP commercialisation group, announces that its portfolio company PDS Biotechnology Corporation ("PDS") (Nasdaq:PDSB) today made a further announcement concerning its proposed offering to raise approximately US$12 million (c.£9.3 million).
 
PDS mentioned in today's announcement that, in connection with NetScientific's expression of interest to subscribe in its offering, upon consummation of the offering it will appoint a designee of NetScientific to its board of directors.
 
NertScientific is considering investing £0.5 million in the offering.
 
A further announcement will be made as soon as appropriate.
 
For more information, please contact:
  NetScientific                      Tel: 020 3514 1800
   Ian Postlethwaite, CEO and
   CFO
                                     Tel: 020 7220 1666
    WH Ireland (NOMAD and Broker)
    Chris Fielding / Darshan Patel
 




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