Last checked at 10 Aug 2018 07:00
hVIVO PLC
("hVIVO" or the "Company")
Director's Dealings
London, UK, 10 August 2018: hVIVO plc (AIM: HVO), a pioneer of human disease models and an industry leading clinical development and drug discovery services business, was notified yesterday that on 9 August 2018, Dr Trevor Phillips, Executive Chairman of the Company, purchased 23,500 Ordinary Shares of 5 pence each in the Company ("Ordinary Shares") at a price of 65.0 pence per share.
Following this transaction, Dr Phillips' total interest in the Company has increased by 23,500 Ordinary Shares to a total of 32,535 Ordinary Shares, representing approximately 0.04% of the Company's issued share capital.
The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail:
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1 | Details of the persons discharging managerial responsibilities/persons closely associated | |||||||
a) | Name | Dr Trevor Phillips | ||||||
2 | Reason for the notification | |||||||
a) | Position/ status | Executive Chairman | ||||||
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) | Legal Entity Identifier | N/A | ||||||
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 5 pence each
GB00B6ZM0X53 | ||||||
b) | Nature of the transaction | Acquisition of ordinary shares | ||||||
c) | Currency | GBP | ||||||
d) | Price(s) and volume(s) |
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e) | Aggregated information - Aggregated volume - Price - Aggregated total |
23,500 65.0p £15,275.00
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f) | Date of the transaction | 9 August 2018 | ||||||
g) | Place of the transaction | London Stock Exchange, AIM | ||||||
For further information please contact:
hVIVO plc |
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Trevor Phillips (Executive Chairman) | +44 207 756 1300 |
Fleur Wood (Director, Investor Relations)
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Numis Securities Limited | +44 207 260 1000 |
Michael Meade / Freddie Barnfield (Nominated Adviser) |
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James Black / Michael Burke (Corporate Broking) |
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FTI Consulting |
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Simon Conway / Victoria Foster Mitchell | +44 203 727 1000 |
Notes to Editors:
hVIVO plc ("hVIVO") is pioneering a human-based analytical platform to accelerate drug discovery and development in respiratory and infectious diseases. Leveraging human disease models in flu, RSV and asthma exacerbation, the hVIVO platform captures disease in motion, illuminating the entire disease life cycle from healthy to sick and back to health. Based in the UK, market leader hVIVO has conducted more than 50 clinical studies, inoculated over 2500 volunteers and has three first-in-class therapies currently in development.