Director’s Dealing

Sareum Holdings

27/03/2025 07:00

RNS Number : 3635C

Sareum Holdings PLC

27 March 2025

 

Sareum Holdings PLC

("Sareum" or the "Company")

Director's Dealing

Cambridge, UK, 27 March 2025 - Sareum Holdings plc (AIM: SAR), a clinical-stage biotechnology company developing next-generation kinase inhibitors for autoimmune disease and cancer, announces that Dr Stephen Parker, Executive Chairman, purchased 84,033 ordinary shares of 1.25 pence each in the capital of the Company ("Ordinary Shares") at an average price of 11.9 pence per share on 26 March 2025.  

In addition, persons connected with Dr Parker are interested in a further 25,680 Ordinary Shares in the Company, over which Ordinary Shares Dr Parker has voting rights discretion.

Therefore, following the transaction, Dr Parker has direct and indirect interests in an aggregate 405,045 Ordinary Shares in the Company, representing approximately 0.30 per cent. of the Company's currently issued share capital.

The notification below, which has been made in accordance with the requirements of the Market Abuse Regulation, provides further details.

PDMR Notification Form:

1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Stephen Parker
2
Reason for the notification
a)
Position/status
Executive Chairman
b)
Initial notification/amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Sareum Holdings plc
b)
LEI
213800PKERN2DY8FFM72
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 1.25 pence each in the share capital of Sareum Holdings plc
Identification code
GB00B02RFS12
b)
Nature of the transaction
Purchase of shares
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£0.119
84,033
d)
Aggregated information
- Aggregated volume
84,033 Ordinary Shares
- Weighted Average Price
11.9 pence per Ordinary Share
e)
Date of the transaction
26 March 2025
f)
Place of the transaction
London Stock Exchange (AIM)


 

The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014, which is part of UK law by virtue of the European Union (Withdrawal) Act 2018.

- ENDS-

For further information, please contact: 

Sareum Holdings plc
Stephen Parker, Executive Chairman
01223 497700
ir@sareum.co.uk
Strand Hanson Limited (Nominated Adviser)
James Dance / James Bellman
020 7409 3494
Oberon Capital (Joint Broker)
Mike Seabrook / Nick Lovering
020 3179 5300
Hybridan LLP (Joint Broker)
Claire Noyce
020 3764 2341
ICR Healthcare (Financial PR)
Jessica Hodgson / Davide Salvi
020 3709 5700

 

About Sareum

Sareum (AIM: SAR) is a biotechnology company developing next generation kinase inhibitors for autoimmune disease and cancer.

The Company is focused on developing next generation small molecules which modify the activity of the JAK kinase family and have best-in-class potential. Its lead candidate, SDC-1801, simultaneously inhibits TYK2 and JAK1. SDC-1801 is a potential treatment for a range of autoimmune diseases, with a planned initial focus on psoriasis.

Sareum is also developing SDC-1802, a TYK2/JAK1 inhibitor with a potential application for cancer immunotherapy.

The Company has recently acquired the license for SRA737, a clinical-stage Checkpoint kinase 1 inhibitor that targets cancer cell replication and DNA damage repair mechanisms.

Sareum Holdings plc is based in Cambridge, UK, and is quoted on the AIM market of the London Stock Exchange, trading under the ticker SAR. For further information, please visit the Company's website at www.sareum.com

 

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