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PDMR Notification

28 Mar 2024 09:12

RNS Number : 6895I
MGC Pharmaceuticals Limited
28 March 2024

MGC Pharmaceuticals Ltd.

PDMR Notification

28 March 2024

ASX, LSE: MXC

MGC Pharmaceuticals Ltd ('MGC Pharma' or 'the Company') wishes to advise that the following Persons Discharging Managerial Responsibilities (PDMR) were issued a combined 240,000 unlisted options as approved at a meeting of shareholders on 18 March 2024. This notification is made in accordance the UK Market Abuse Regulations.

1

Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

Daniel Robinson

2

Reason for the notification

(a)

Position

Non-Executive Director

(b)

Initial notification/amendment

Initial

(c)

If amendment: reason

n/a

3

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

Full name of entity

MGC Pharmaceuticals Limited

Legal Entity Identifier Code

213800HRE3FQJ6RK4H10

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted

(a)

Description of the financial instrument, type of instrument

Unlisted options exercisable at A$0.42 on or before 28 March 2027.

(b)

Identification Code (ISIN)

AU000000MXC6

(c)

Nature of transaction

Grant of Options over Ordinary Shares

(d)

Currency

Price

Volume

Total

AUD

0.00

120,000

N/A

Aggregated information

AUD

0.00

120,000

N/A

(e)

Date of transaction

28 March 2024

(f)

Place of transaction

Outside a trading venue

1

Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

Layton Mills

2

Reason for the notification

(a)

Position

Non-Executive Director

(b)

Initial notification/amendment

Initial

(c)

If amendment: reason

n/a

3

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

Full name of entity

MGC Pharmaceuticals Limited

Legal Entity Identifier Code

213800HRE3FQJ6RK4H10

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted

(a)

Description of the financial instrument, type of instrument

Unlisted options exercisable at A$0.42 on or before 28 March 2027.

(b)

Identification Code (ISIN)

AU000000MXC6

(c)

Nature of transaction

Grant of Options over Ordinary Shares

(d)

Currency

Price

Volume

Total

AUD

0.00

120,000

N/A

Aggregated information

AUD

0.00

120,000

N/A

(e)

Date of transaction

28 March 2024

(f)

Place of transaction

Outside a trading venue

-Ends-

Authorised for release by the Company Secretary, for further information please contact:

MGC Pharmaceuticals Ltd

Roby Zomer

CEO & Managing Director

+61 8 6555 2950

info@mgcpharma.co.uk

MGC Pharmaceuticals Ltd

Rowan Harland

Company Secretary

+61 8 6555 2950

info@mgcpharma.co.uk

UK IR/PR Advisers

IFC Advisory

Graham Herring / Tim Metcalfe / Zach Cohen

+44 203 934 6630

mgcpharma@investor-focus.co.uk

UK Brokers

Oberon Capital

Aimee McCusker / Adam Pollock

+44 203 179 5300

aimeemccusker@oberoninvestments.com adampollock@oberoninvestments.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.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
END
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