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Market Cap: £47.50m
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Director/PDMR Shareholding

2 Jun 2025 07:00

RNS Number : 9171K
hVIVO PLC
02 June 2025
 

hVIVO plc

("hVIVO", the "Company" or the "Group")

 

CEO & CFO Share Purchase

 

hVIVO plc (AIM: HVO), a full-service Contract Research Organisation (CRO) and the world leader in human challenge clinical trials, announces that on Friday 30 May 2025, Yamin 'Mo' Khan, Chief Executive Officer and Stephen Pinkerton, Chief Financial Officer, purchased shares in the Company as detailed below:

 

Director

No of shares purchased

Purchase Price

Resultant holding

Resultant holding as a % of the issued share capital

Yamin 'Mo' Khan

1,100,000

8.9 pence

5,001,603

0.73%

Stephen Pinkerton

683,232*

8.76 pence

750,596*

0.11%

 

*343,232 of these shares were purchased/are held by Mrs Dolores Pinkerton, wife of Stephen Pinkerton

Commenting, Dr Yamin 'Mo' Khan, Chief Executive Officer of hVIVO, said: "Friday's trading update clearly raised concerns for our shareholders, but we remain confident in the continued growth of human challenge trials and the overall prospects for hVIVO, and accordingly Stephen and I have increased our shareholdings in the Company to demonstrate our continued confidence in the growth prospects of the Group.

 

"We have our largest ever sales pipeline, including projects under discussion that would represent some of our biggest ever value contracts for human challenge trials, such as the world's first ever Phase 3 HCT. We have also successfully targeted a more diversified revenue base and we remain very excited about the growth prospects of our hLAB services as well as our new revenue streams from CRS's early phase clinical trial services and participant recruitment."

 

 

For further information please contact:

 

hVIVO plc

+44 (0)20 7756 1300

Yamin 'Mo' Khan, Chief Executive Officer

Stephen Pinkerton, Chief Financial Officer

Cavendish Capital Markets Limited (Nominated Adviser and Joint Broker)

+44 (0)20 7220 0500

Geoff Nash, Callum Davidson,Trisyia Jamaludin, Harriet Ward

Nigel Birks - Life Science Specialist Sales

Louise Talbot - Sales

Peel Hunt LLP (Joint Broker)

+44 (0)20 7418 8900

James Steel, Dr Christopher Golden

Davy (Joint Broker)

+353 (0) 1 679 6363

Anthony Farrell, Niall Gilchrist

Walbrook PR (Financial PR & IR)

Paul McManus / Alice Woodings /

Lianne Applegarth

+44 (0)20 7933 8780 or hvivo@walbrookpr.com

+44 (0)7980 541 893 / +44 (0)7407 804 654/+44 (0)7584 391 303

 

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation ("MAR") EU no.596/2014. Upon the publication of this announcement via Regulatory Information Service ("RIS"), this inside information is now considered to be in the public domain. 

 

 

Notes to Editors

 

hVIVO plc (Ticker: HVO) is full-service Contract Research Organisation (CRO) and the global leader in human challenge trials. The company delivers end-to-end clinical development services to a diverse and expanding client base, including seven of the world's ten largest biopharma companies.

 

hVIVO specialises in conducting human challenge trials across multiple infectious and respiratory indications, leveraging its state-of-the-art quarantine facility in London-the largest of its kind worldwide. The company also offers comprehensive virology and immunology laboratory services under the hLAB brand.

 

Through its German subsidiary, CRS, hVIVO operates a 120-bed capacity across Mannheim and Kiel, providing early-phase clinical trial services, including first-in-human and proof-of-concept studies. Its second subsidiary, Venn Life Sciences, offers Early Drug Development Consulting and Biometry services to the biopharma sector.

 

The Group provides fully integrated drug development solutions from preclinical stages through Phase II trials, alongside patient recruitment via FluCamp. Additionally, its five clinical sites support outpatient Phase II and III trials, ensuring a seamless and efficient pathway from discovery to late-stage development.

 

 

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/person closely associated

a.

Name of PDMR

Yamin Mo Khan

2

Reason for 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

hVIVO plc

b.

LEI

213800VT5KBM7JLIV118

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 £0.001 each

 

 

ISIN GB00B9275X97

 

b.

Nature of the transaction

Purchase of Ordinary Shares

c.

Price(s) and volume(s)

 

 

 

 

No. of Shares

Price

1,100,000

8.9

d.

Aggregated information

 

- Aggregated Volume

 

- Price

 

 

See above

e.

Date of the transaction

30 May 2025

 

f.

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 

 

 

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a.

Name of PDMR

Stephen Pinkerton

2

Reason for 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

hVIVO plc

b.

LEI

213800VT5KBM7JLIV118

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 £0.001 each

 

 

ISIN GB00B9275X97

 

b.

Nature of the transaction

Purchase of Ordinary Shares

c.

Price(s) and volume(s)

 

 

 

 

No. of Shares

Price

683,232

8.76

d.

Aggregated information

 

- Aggregated Volume

 

- Price

 

 

See above

e.

Date of the transaction

30 May 2025

 

f.

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 

 

 

 

 

 

 

 

 

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