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Director/PDMR Shareholding

24 Jun 2014 07:00

RNS Number : 3223K
ValiRx PLC
24 June 2014
 

 

 

24 June 2014

 

ValiRx Plc

("ValiRx" or "the Company")

Directors' Dealings

 

The Company was informed on 23 June 2014 that on that date certain directors purchased shares in the Company at a price of 0.31 pence per share, as set out in the table below:-

 

Director

Number of shares acquired

Total number of shares held subsequent to the acquisition

 

Satu Vainikka

789,516

23,113,714

Gerry Desler

1,595,968

12,733,921

Seppo Makinen

1,273,387

1,273,387

Kevin Alexander

1,612,903

8,034,843

 

The issued share capital of the Company comprises 2,921,043,530 ordinary shares of 0.1p per share.

 

- ENDS -

For more information, please contact:

 

ValiRx plc

Tel: +44 (0) 20 3008 4416

Dr Satu Vainikka

www.valirx.com

Cairn Financial Advisers LLP (Nominated Adviser)

Tel: +44 (0) 20 7148 7900

Liam Murray / Avi Robinson

Daniel Stewart & Company Plc (Broker)

Tel: +44 (0) 20 7776 6550

David Hart

 

Peckwater PR

Tel: +44 (0) 7879 458 364

Tarquin Edwards

tarquin.edwards@peckwaterpr.co.uk

 

Notes for Editors

 

ValiRx Plc

ValiRx Plc is a biopharmaceutical company developing novel technologies and products in oncology therapeutics and diagnostics. The product focus is in the epigenomic analysis and treatment of cancer, but the technologies can be applied to other fields as well, such as neurology and inflammatory diseases.

 

The Company listed on AIM in October 2006 and is creating a portfolio of innovative products through investment in specific development projects. It actively manages projects within this portfolio as a trading company and is not an investment vehicle. The ValiRx business model spreads the risks of life science technology developments by minimising financial exposure and running a set of projects to defined commercial endpoints. This maximises returns to shareholders by adding value at the earlier stages where value increases per investment unit are the greatest.

 

The Company operates through the following divisional companies:

1. ValiFinn is the biomarkers and diagnostic development division

2. ValiPharma is the therapeutics division with two embedded technologies primarily directed at the treatment of cancers.

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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