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RNS Number : 2637O Poolbeg Pharma PLC 25 June 2025
Poolbeg Pharma plc
Director Dealing
25 June 2025 - Poolbeg Pharma (http://www.poolbegpharma.com) (AIM: POLB,
'Poolbeg' or the 'Company'), a clinical-stage biopharmaceutical company
focussed on the development of innovative medicines to address unmet medical
needs, confirms that as announced on 20 May 2025, Mr Cathal Friel, Executive
Chair and PDMR of the Company, participated in the Fundraising subscribing for
4,000,000 new Ordinary Shares at a price of 2.5p per share (the Issue Price).
Following the AGM earlier this week, the New Ordinary Shares issued pursuant
to the Fundraising were admitted to trading at 8am today.
Following this transaction, Cathal Friel holds a total of 41,219,757 ordinary
shares in the Company, representing approximately 5.91% of the Company's
issued share capital.
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 Cathal Friel
2 Reason for notification
a. Position/Status Executive Chair
b. Initial notification/ Initial notification
Amendment
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a. Name Poolbeg Pharma plc
b. LEI 213800UZ8WJLWYHBFL52
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 0.02 pence each
Identification Code
ISIN GB00BKPG7Z60
b. Nature of the transaction Purchase of ordinary shares in connection with the fundraising initially
announced on 20 May 2025.
c. Price(s) and volume(s) Price(s) Volume(s)
2.5p 4,000,000
d. Aggregated information
As in 4c) above
- Aggregated Volume
- Price
e. Date of the transaction 25 June 2025
f. Place of the transaction London Stock Exchange, AIM Market (XLON)
Enquiries
Poolbeg Pharma Plc +44 (0) 207 183 1499
Jeremy Skillington, CEO ir@poolbegpharma.com
Ian O'Connell, CFO
Cavendish Capital Markets Ltd (NOMAD & Joint Broker) +44 (0) 207 220 0500
Geoff Nash, Trisyia Jamaludin (Corporate Finance)
Nigel Birks (Life Science Specialist Sales)
Harriet Ward (ECM)
Shore Capital Stockbrokers Ltd (Joint Broker) +44 (0) 207 408 4090
David Coaten, Harry Davies-Ball (Corporate Advisory)
Malachy McEntyre, Isobel Jones (Corporate Broking)
J&E Davy (Joint Broker) +353 (0) 1 679 6363
Anthony Farrell, Niall Gilchrist
Optimum Strategic Communications +44 (0) 208 078 4357
Nick Bastin, Vici Rabbetts, Elena Bates poolbeg@optimumcomms.com (mailto:poolbeg@optimumcomms.com)
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.
About Poolbeg Pharma plc
Poolbeg Pharma plc is a clinical-stage biopharmaceutical company focussed on
the development of innovative medicines to address unmet medical needs. The
Company's clinical programmes target large addressable markets including
cancer immunotherapy-induced Cytokine Release Syndrome ("CRS") and metabolic
conditions such as obesity with the development of an oral encapsulated GLP-1.
For more information, please go to www.poolbegpharma.com
(https://www.poolbegpharma.com) or follow us on Twitter
(https://twitter.com/PoolbegPharma) and LinkedIn
(https://www.linkedin.com/company/poolbeg-pharma) @PoolbegPharma.
Forward-Looking Statements
This announcement may contain forward-looking statements and the words
"expect", "anticipate", "intends", "plan", "estimate", "aim", "forecast",
"project" and similar expressions (or their negative) identify certain of
these forward-looking statements. The forward-looking statements in this
announcement are based on numerous assumptions and Poolbeg's present and
future business strategies and the environment in which Poolbeg expects to
operate in the future. Forward-looking statements involve inherent known and
unknown risks, uncertainties and contingencies because they relate to events
and depend on circumstances that may or may not occur in the future and may
cause the actual results, performance or achievements to be materially
different from those expressed or implied by such forward-looking statements.
These statements are not guarantees of future performance or the ability to
identify and consummate investments. Many of these risks and uncertainties
relate to factors that are beyond Poolbeg's ability to control or estimate
precisely, such as future market conditions, currency fluctuations, the
behaviour of other market participants, the outcome of clinical trials, the
actions of regulators and other factors such as Poolbeg's ability to obtain
financing, changes in the political, social and regulatory framework in which
Poolbeg operates or in economic, technological or consumer trends or
conditions. Past performance should not be taken as an indication or guarantee
of future results, and no representation or warranty, express or implied, is
made regarding future performance. No person is under any obligation to update
or keep current the information contained in this announcement or to provide
the recipient of it with access to any additional relevant information.
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