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Director/PDMR Shareholding

4 Jul 2022 16:57

RNS Number : 2637R
Roquefort Therapeutics PLC
04 July 2022
 

 

 

4 July 2022

 

Roquefort Therapeutics plc

("Roquefort Therapeutics" or the "Company")

 

Director/PDMR Shareholding

 

Roquefort Therapeutics (LSE:ROQ), the Main Market listed biotech company focused on early-stage opportunities in the biotechnology sector, advises that Stephen West, Executive Chairman has purchased ordinary shares in the Company in the market, as detailed below:

 

 

Name

Number of Ordinary Shares

Average Price Paid Per Share

Total Consideration Paid

Stephen West

210,000

8.5159 pence

£17,883.39

 

Following the above purchase of shares, Mr West holds interests in the following Company securities:

 

 

Name

Number of Ordinary Shares Held

% of Issued Share Capital

Number of Warrants Held

Stephen West

5,049,123

7.02%

7,500,000

 

4,609,000 of Mr West's shares are held in the name of Cresthaven Investments Pty Ltd ATF the Bellini Trust.

 

Enquiries:

Roquefort Therapeutics plc

Stephen West (Chairman)

+44 (0)20 3290 9339

 

Buchanan (Public Relations)

Ben Romney / Jamie Hooper / George Beale

 

Optiva Securities Limited (Broker)

 

+44 (0)20 7466 5000

Christian Dennis

+44 (0)20 3411 1881

 

For further information on Roquefort Therapeutics, please visit www.roquefortplc.com and @RoquefortTherap on Twitter.

 

LEI: ‎254900P4SISIWOR9RH34

 

About Roquefort Therapeutics

Roquefort Therapeutics (LSE:ROQ) is a Main Market listed biotech company developing products through the pre-clinical phase prior to partnering or selling to big pharma. The Company is a pre-clinical biotech company focused on developing first in class Midkine targeting drugs for the treatment of cancer.

 

Through extensive research resulting in validation through publication in over 1,000 scientific journals, Roquefort Therapeutics has identified the potential to exploit the broad therapeutic potential of Midkine for a number of clinical indications of unmet needs. Roquefort Therapeutics holds an exclusive licence to the largest global IP portfolio on Midkine. The Midkine blocking drug development markets have significant global market potential (in the multi-billion dollars). Roquefort Therapeutic's pre-clinical program is currently underway with an initial focus on cancer.

 

This announcement contains inside information for the purposes of Article 7 of the UK version of Market Regulation (EU) No 596/2014 on Market Abuse as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018, as amended ("UK MAR").

The notification below, made in accordance with the requirements of the UK MAR, provides further detail:

 

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

Stephen West

2

Reason for the notification

a)

Position/status

Executive Chairman

b)

Initial notification /Amendment

Initial

3

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

a)

Name

Roquefort Therapeutics plc

b)

LEI

254900P4SISIWOR9RH34

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 £0.01 par value

 

ISIN: GB00BMDQ2T15

b)

Nature of the transaction

Purchase of 210,000 ordinary shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

8.5159 pence per share

210,000

 

d

Aggregated information

- Aggregated volume

- Price

 

- 210,000

- 8.5159p

e)

Date of the transactions

4 July 2022

f)

Place of the transactions

London Stock Exchange (XLON); Main Market

 

 

 

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