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Director/PDMR Shareholding

25 Sep 2018 15:05

RNS Number : 8996B
Collagen Solutions PLC
25 September 2018
 

 

Collagen Solutions Plc

(the "Company" or the "Group")

Director/PDMR Dealing

 

The Company today announces that on 25 September 2018 David Evans, Chairman of the Company, has purchased 650,000 ordinary shares in the Company ("Ordinary Shares") at 3.75 pence per Ordinary Share.

Following these purchases, David Evans' total beneficial holding in the Company has increased to 43,187,411 Ordinary Shares representing 13.31 per cent. of the issued ordinary share capital of the Company.

The Company makes the following disclosures in accordance with article 19(3) of the Market Abuse Regulation:

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

David Evans

2

Reason for the notification

a)

Position/status

Chairman

b)

Initial notification / Amendment

Initial

3

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

a)

Name

COLLAGEN SOLUTIONS PLC

b)

LEI

213800IFY1CVGRGETL95

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 instrumentIdentification code

Ordinary shares of 1p eachISIN: GB00B94T6Y14

b)

Nature of the transaction

Purchase of Ordinary Shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

3.75p per share

650,000

d)

Aggregated information- Aggregated volume- Price

N/A - single transaction

e)

Date of the transaction

25 September 2018

f)

Place of the transaction

London Stock Exchange, XLON

 

 

 

Enquiries: 

 

Collagen Solutions Plc

 

Jamal Rushdy, CEO 

Via Walbrook

Hilary Spence, CFO

 

 

 

Cenkos Securities Plc (Nominated Adviser and Broker)

 

Steve Cox (Corporate Finance)

Tel: 0207 397 8900

Stephen Keys

 

 

 

Walbrook PR Ltd

Tel: 020 7933 8780 or collagen@walbrookpr.com

Anna Dunphy

Mob: 07876 741 001

Helen Cresswell

Mob: 07841 917 679

 

 

About Collagen Solutions:

Collagen Solutions Plc is a global supplier, developer, and manufacturer of medical grade collagen, tissues, and related medical devices and components for use in regenerative medicine, medical devices and in-vitro diagnostics and research. The Company is also expanding its range of biomaterials-based finished medical devices based on its internal and acquired intellectual property for commercialisation with partners via licensing and distribution arrangements, including ChondroMimetic®. The Company's products are used in a wide variety of applications including orthopaedics, cardiovascular, dental, plastic surgery, wound healing, neurology and urology.

 

For more information go to: www.collagensolutions.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.
 
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