Last checked at 7 Jan 2021 07:00
Destiny Pharma plc
("Destiny Pharma" or the "Company")
Directors Dealings
Destiny Pharma plc (AIM: DEST, "the Company") a clinical stage innovative biotechnology company focused on the development of novel medicines that can prevent life threatening infections, announces the following Directors' dealings:
Nick Rodgers, Chairman, purchased 9,000 Ordinary Shares at a price of 88.0p per Ordinary Share. Following the transaction, his total beneficial interest is 47,462 Ordinary Shares, representing 0.08% of the total issued share capital of the Company.
Details of the full notification received by the Company are set out below:
1. | Details of the person discharging managerial responsibilities / person closely associated | |
a) | Name | Nick Rodgers |
2. | Reason for the Notification | |
a) | Position/status | Chairman |
b) | Initial notification/Amendment | Initial notification |
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | Destiny Pharma plc |
b) | LEI | 213800O9WH9Z38EHAC95 |
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 pence each in Destiny Pharma Plc |
Identification code | DEST GB00BDHSP575 | |
b) | Nature of the transaction | Purchase of Ordinary Shares |
c) | Price(s) and volume(s) | 88.0 pence per Ordinary Share 9,000 Ordinary Shares |
d) | Aggregated information: Aggregated volume Price |
See 4c) above
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e) | Date of the transaction | 6 January 2021 |
f) | Place of the transaction | London Stock Exchange, AIM Market |
Enquiries:
Destiny Pharma plc | +44 (0) 1273 704 440 |
Neil Clark (Chief Executive Officer)Shaun Claydon (Chief Financial Officer and Company Secretary) | |
finnCap Limited - Nominated Adviser and Joint Broker | +44 (0) 20 7220 0500 |
Geoff Nash / Kate Bannatyne / Charlie Beeson (Corporate Finance)Alice Lane (ECM) | |
WG Partners LLP - Joint Broker | +44 (0) 20 3705 9330 |
Nigel Barnes / Claes Spång / Nigel Birks / Andrew Craig | |
Optimum Strategic Communications | +44 (0) 203 174 1789 |
Mary Clark / Shabnam Bashir / Manel Mateus
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The information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014.
About Destiny Pharma
Destiny Pharma is a clinical stage, innovative biotechnology company focused on the development of novel medicines that can prevent life-threatening infections. Its pipeline has novel microbiome-based biotherapeutics and XF drug clinical assets including NTCD-M3, a Phase 3 ready treatment for the prevention of C. difficile infection (CDI) recurrence which is the leading cause of hospital acquired infection in the US and also XF-73 nasal gel, which is in a Phase 2b clinical trial targeting the prevention of post-surgical Staphylococcal hospital including MRSA. It is also co-developing SPOR-COV, a novel, biotherapeutic product for the prevention of COVID-19 and other viral respiratory infections and has earlier grant funded XF research projects.
For further information, please visit https://www.destinypharma.com