REG - Silence Therapeutics - Purchase of ADS and PDMR Shareholding

Silence TherapeuticsAnnouncement

19/04/2021 07:05

RNS Number : 8091V
  
Silence Therapeutics PLC
  
19 April 2021
  
 

Purchase of American Depositary Shares and PDMR Dealings
 
19th April 2021
 
LONDON, Silence Therapeutics plc, AIM:SLN and Nasdaq: SLN ("Silence" or "the Company"), a leader in the discovery, development and delivery of novel short interfering ribonucleic acid (siRNA) therapeutics for the treatment of diseases with significant unmet medical need, today announced that, on 16 April 2021 the following purchases of American Depositary Shares ("ADSs"), each representing three ordinary shares of 5 pence each in the capital of the Company ("Ordinary Shares"), were made by persons discharging managerial responsibilities at a purchase price of $23.09 per ADS: 4,331 ADSs were purchased by Steven Romano, Non-Executive Director of the Company, 4,331 ADSs were purchased by Michael Davidson, MD, Non-Executive Director of the Company, 217 ADSs were purchased by Dave Lemus, Non-Executive Director of the Company, 6,063 ADSs were purchased by Mark Rothera, Chief Executive Officer and Executive Director of the Company and 8,662 ADSs were purchased by Craig Tooman, Chief Financial Officer of the Company. 
 
The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation as it forms part of UK law by virtue of the European Union (Withdrawal) Act 2018, provide further detail.
 
 
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 (PDMR) / person closely associated




a)


Name


Steven Romano 
 




2.


Reason for the notification




a)


Position / status


Non-Executive Director 
 




b)


Initial notification / Amendment


Initial notification




3.


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




a)


Name


Silence Therapeutics plc
 




b)


LEI


213800SSURRJBX85SQ91
 




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
 
 
 
 
 
Identification code


American Depositary Shares (ADSs), each of which represents three (3) Ordinary Shares of 5 pence each in the capital of Silence Therapeutics plc
 
 
 
 
ISIN for Silence Therapeutics plc ADSs:
US82686Q1013




b)


Nature of the transaction
 


Purchase of ADSs in Silence Therapeutics plc 
 




c)


Price(s) and volume(s)


 



Price


Volume




$23.09


4,331



 
 




d)


Aggregated information
- Aggregated volume
- Price


 
4,331 ADSs
$100,002.79




e)


Date of the transaction


16 April 2021
 




f)


Place of the transaction


Outside a trading venue
 



 



1.


Details of the person discharging managerial responsibilities (PDMR) / person closely associated




a)


Name


Michael Davidson 
 




2.


Reason for the notification




a)


Position / status


Non-Executive Director
 




b)


Initial notification / Amendment


Initial notification




3.


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




a)


Name


Silence Therapeutics plc
 




b)


LEI


213800SSURRJBX85SQ91
 




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
 
 
 
Identification code


American Depositary Shares (ADSs), each of which represents three (3) Ordinary Shares of 5 pence each in the capital of Silence Therapeutics plc
 
 
 
ISIN for Silence Therapeutics plc ADSs:
US82686Q1013




b)


Nature of the transaction


Purchase of ADSs in Silence Therapeutics plc 
 




c)


Price(s) and volume(s)


 



Price


Volume




$23.09


4,331



 
 




d)


Aggregated information
- Aggregated volume
- Price


 
4,331 ADSs
$100,002.79




e)


Date of the transaction


16 April 2021
 




f)


Place of the transaction


Outside a trading venue
 



 



1.


Details of the person discharging managerial responsibilities (PDMR) / person closely associated




a)


Name


Dave Lemus
 




2.


Reason for the notification




a)


Position / status


Non-Executive Director
 




b)


Initial notification / Amendment


Initial notification




3.


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




a)


Name


Silence Therapeutics plc
 




b)


LEI


213800SSURRJBX85SQ91
 




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
 
 
 
Identification code


American Depositary Shares (ADSs), each of which represents three (3) Ordinary Shares of 5 pence each in the capital of Silence Therapeutics plc
 
 
 
ISIN for Silence Therapeutics plc ADSs:
US82686Q1013




b)


Nature of the transaction


Purchase of ADSs in Silence Therapeutics plc 
 




c)


Price(s) and volume(s)


 



Price


Volume




$23.09


217



 
 




d)


Aggregated information
- Aggregated volume
- Price


 
217 ADSs
$5,010.53




e)


Date of the transaction


16 April 2021
 




f)


Place of the transaction


Outside a trading venue
 



 
 



1.


Details of the person discharging managerial responsibilities (PDMR) / person closely associated




a)


Name


Mark Rothera 
 




2.


Reason for the notification




a)


Position / status


Chief Executive Officer and Executive Director
 




b)


Initial notification / Amendment


Initial notification




3.


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




a)


Name


Silence Therapeutics plc
 




b)


LEI


213800SSURRJBX85SQ91
 




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
 
 
 
Identification code


American Depositary Shares (ADSs), each of which represents three (3) Ordinary Shares of 5 pence each in the capital of Silence Therapeutics plc
 
 
 
ISIN for Silence Therapeutics plc ADSs:
US82686Q1013




b)


Nature of the transaction


Purchase of ADSs in Silence Therapeutics plc 
 




c)


Price(s) and volume(s)


 



Price


Volume




$23.09


6,063



 
 




d)


Aggregated information
- Aggregated volume
- Price


 
6,063 ADSs
$139,994.67




e)


Date of the transaction


16 April 2021
 
 




f)


Place of the transaction


Outside a trading venue
 



 



1.


Details of the person discharging managerial responsibilities (PDMR) / person closely associated




a)


Name


Craig Tooman 
 




2.


Reason for the notification




a)


Position / status


Chief Financial Officer
 




b)


Initial notification / Amendment


Initial notification




3.


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




a)


Name


Silence Therapeutics plc
 




b)


LEI


213800SSURRJBX85SQ91
 




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
 
 
 
Identification code


American Depositary Shares (ADSs), each of which represents three (3) Ordinary Shares of 5 pence each in the capital of Silence Therapeutics plc
 
 
 
ISIN for Silence Therapeutics plc ADSs:
US82686Q1013




b)


Nature of the transaction


Purchase of ADSs in Silence Therapeutics plc 
 




c)


Price(s) and volume(s)


 



Price


Volume




$23.09


8,662



 
 




d)


Aggregated information
- Aggregated volume
- Price


 
8,662 ADSs
$200,005.58




e)


Date of the transaction


16 April 2021
 




f)


Place of the transaction


Outside a trading venue
 



 
 
 
 
 
Enquiries:
 



Silence Therapeutics plc
 Gem Hopkins, Head of IR & Corporate Communications


Tel:  +1 (646) 637-3208




 
Investec Bank plc (Nominated Adviser and Broker)
Daniel Adams/Gary Clarence
 


 
Tel:  +44 (0) 20 7597 5970




European PR
Consilium Strategic Communications
Mary-Jane Elliott/Chris Welsh/Angela Gray
silencetherapeutics@consilium-comms.com 
 


Tel: +44 (0) 20 3709 5700




 


 



 
About Silence Therapeutics plc
Silence Therapeutics is developing a new generation of medicines by harnessing the body's natural mechanism of RNA interference, or RNAi, to inhibit the expression of specific target genes thought to play a role in the pathology of diseases with significant unmet medical need. Silence's proprietary mRNAi GOLD™ platform can be used to create siRNAs that precisely target and silence disease-associated genes in the liver, which represents a substantial opportunity. Silence's wholly owned product candidates include SLN360 designed to address the high and prevalent unmet medical need in reducing cardiovascular risk in people born with high levels of lipoprotein(a) and SLN124 designed to address iron loading anemias. Silence also maintains ongoing research and development collaborations with AstraZeneca, Mallinckrodt Pharmaceuticals, and Takeda, among others. For more information, please visit https://www.silence-therapeutics.com/. 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
  END
 
 
DSHFZGMDGRKGMZZ