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Pin to quick picksFutura Medical Regulatory News (FUM)

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Director/PDMR Dealings

13 Nov 2018 07:00

RNS Number : 1215H
Futura Medical PLC
13 November 2018
 

Director/PDMR Dealings

 

13 November 2018

 

Futura Medical plc (AIM: FUM) (the "Company"), a pharmaceutical company developing a portfolio of innovative products for sexual health and pain relief, today announces that certain of its Directors acquired new shares in the Company as part of the Fundraising announced on 19 October 2018 as detailed below.

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

James Barder

2

Reason for the notification

a)

Position/status

Chief Executive Officer

b)

Initial notification/Amendment

Initial notification

3

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

a)

Name

Futura Medical plc

b)

LEI

21380053QLT46UNV2303

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

Ordinary Shares of 0.2 pence each

 

 

GB0033278473

b)

Nature of the transaction

Purchase of Ordinary Shares

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

7 pence per Ordinary Share

357,142 Ordinary Shares

d)

Aggregated information

- Aggregated volume

- Price

N/A single transaction

e)

Date of the transaction

13 November 2018

f)

Place of the transaction

London Stock Exchange, AIM

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Angela Hildreth

2

Reason for the notification

a)

Position/status

Finance Director and Chief Operating Officer

b)

Initial notification/Amendment

Initial notification

3

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

a)

Name

Futura Medical plc

b)

LEI

21380053QLT46UNV2303

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

Ordinary Shares of 0.2 pence each

 

 

GB0033278473

b)

Nature of the transaction

Purchase of Ordinary Shares

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

7 pence per Ordinary Share

142,857 Ordinary Shares

d)

Aggregated information

- Aggregated volume

- Price

N/A single transaction

e)

Date of the transaction

13 November 2018

f)

Place of the transaction

London Stock Exchange, AIM

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Ken James

2

Reason for the notification

a)

Position/status

Executive Director and Head of R&D

b)

Initial notification/Amendment

Initial notification

3

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

a)

Name

Futura Medical plc

b)

LEI

21380053QLT46UNV2303

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

Ordinary Shares of 0.2 pence each

 

 

GB0033278473

b)

Nature of the transaction

Purchase of Ordinary Shares

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

7 pence per Ordinary Share

285,714 Ordinary Shares

d)

Aggregated information

- Aggregated volume

- Price

N/A single transaction

e)

Date of the transaction

13 November 2018

f)

Place of the transaction

London Stock Exchange, AIM

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Jonathan Freeman

2

Reason for the notification

a)

Position/status

Senior Independent 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

Futura Medical plc

b)

LEI

21380053QLT46UNV2303

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

Ordinary Shares of 0.2 pence each

 

 

GB0033278473

b)

Nature of the transaction

Purchase of Ordinary Shares

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

7 pence per Ordinary Share

7,478 Ordinary Shares

d)

Aggregated information

- Aggregated volume

- Price

N/A single transaction

e)

Date of the transaction

13 November 2018

f)

Place of the transaction

London Stock Exchange, AIM

 

ENDS

 

For further information please contact:

Futura Medical plc James Barder, Chief ExecutiveAngela Hildreth, Finance Director and COO

Email: Investor.relations@futuramedical.comTel: +44 (0) 1483 685 670

Nominated Adviser and Broker:N+1 SingerAubrey Powell/ Ben Farrow (Corporate Finance)

Tom Salvesen/ Mia Gardner (Corporate Broking)Tel: +44 (0) 20 7496 3000

 

For media enquiries please contact:

Optimum Strategic Communications

Mary Clark/ Hollie Vile/ Ellie Blackwell

Email: futuramedical@optimumcomms.com

Tel: +44 (0) 203 950 9144

 

 

Notes to editors

 

About Futura Medical plc

Futura Medical plc (AIM: FUM), is a pharmaceutical company developing a portfolio of innovative products based on its proprietary, transdermal DermaSys® drug delivery technology. These products are optimised for clinical efficacy, safety, administration and patient convenience and are developed for the prescription and consumer healthcare markets as appropriate. Current therapeutic areas are sexual health, including erectile dysfunction, and pain relief. Development and commercialisation strategies are designed to maximise product differentiation and value creation whilst minimising risk.

 

Futura is based in Guildford, Surrey, and its shares trade on the AIM market of the London Stock Exchange. www.futuramedical.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.
 
END
 
 
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