16 Nov 2018 15:52
LEI: 213800WRAP6W8VDL6B38
InnovaDerma PLC
("InnovaDerma" or the "Company")
InnovaDerma PLC
Director/PDMR Shareholding
Transfer of Shares
InnovaDerma (LSE: IDP), a UK developer of life sciences, beauty and personal care products, has been advised that Cygenta Capital & Advisory Pty Ltd, a company controlled by Joseph Bayer, the Executive Director of the Company, has on 16 November 2018 transferred 7,200 ordinary shares of €0.10 each ("Ordinary Shares") at a price of €nil to Joseph Bayer personally (the "Transfer").
The Company also announces, it was notified on 16 November 2018 that Joseph Bayer, has purchased 3,100 Ordinary Shares at a price of 84.5 pence per Ordinary Share (the "Purchase").
Following the Purchase, Joseph Bayer personally now holds a total of 23,180 shares. He also has a separate holding of 93,333 Ordinary Shares held via his Australian Superannuation Fund which Mr Bayer controls. Therefore, Joseph Bayer's total interest in the Company through direct and indirect holdings is 116,513 Ordinary Shares representing approximately 0.8% of the issued share capital of the Company.
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.
Further enquiries
InnovaDerma Haris Chaudhry/Joe Bayer |
+61 (0)3 9863 8030 |
finnCap Ltd Geoff Nash/Giles Rolls/Kate Bannatyne Alice Lane - Corporate Broking |
+44 (0)207 220 0500 www.finncap.com |
TB Cardew Shan Shan Willenbrock/Tom Allison Joe McGregor |
+ 44 (0)20 7930 0777 innovaDerma@tbcardew.com
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1. | Details of the person discharging managerial responsibilities / person closely associated | |
a) | Name | Joseph Bayer
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2. | Reason for the Notification
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a) | Position/status | Executive Director
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b) | Initial notification/Amendment | Initial notification |
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a) | Name | InnovaDerma PLC
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b) | LEI | 213800WRAP6W8VDL6B38
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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
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a) | Description of the Financial instrument, type of instrument | €0.10 each ("Ordinary Shares") |
Identification code | IDP GB00BT9PTW34
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b) | Nature of the transaction | Purchase of Ordinary Shares
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c) | Price(s) and volume(s) | Volume and Price - 3,100 Ordinary Shares at 84.5 pence
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d) | Aggregated information: Aggregated volume Price |
See 4c) above
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e) | Date of the transaction | 16 November 2018
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f) | Place of the transaction | London Stock Exchange, Main Market
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