22 Nov 2019 17:09
Mereo BioPharma Group plc
("Mereo" or the "Company")
Notification of Director and PDMR Dealings
London, November 22, 2019 - Mereo BioPharma Group plc (AIM: MPH, NASDAQ: MREO), a clinical stage UK based biopharmaceutical company focused on rare diseases, received notification that on November 22, 2019, Anders Ekblom, non-executive Director of Mereo, purchased 10000 American Depositary Shares (ADS) at a price of USD2.54 per ADS.
On October 04, 2019, Alastair Mackinnon, Chief Medical Officer of Mereo, purchased 15169 Ordinary Shares at a price of GBP0.59 per share. On the same day, Alastair also purchased 365 American Depositary Shares (ADS) at a price of USD3.29 per ADS.
The below announcement and notification is made in accordance with the EU Market Abuse Regulation. The form required under the EU Market Abuse Regulation follows.
1 | Details of the person discharging managerial responsibilities | |||||
a) | Name | Anders Ekblom | ||||
2 | Reason for the notification | |||||
a) | Position/status | non-executive Director | ||||
b) | Initial notification/ Amendment | Initial notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Mereo BioPharma Group plc | ||||
b) | LEI | 213800U8JQHIJOS5AS09 | ||||
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 and identification code | AMERICAN DEPOSITARY SHARES (ADS) EACH REPRESENTING 5 MEREO BIOPHARMA GROUP PLC ORDINARY SHARES OF £0.003 EACH | ||||
b) | Nature of the transaction | PURCHASE | ||||
c) | Price(s) and volume(s) |
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d) | Aggregated information: volume, Price | Aggregated volume: 10000 Aggregated price: USD2.54 | ||||
e) | Date of the transaction | 2019-11-22 | ||||
f) | Place of the transaction | XNMS |
1 | Details of the person discharging managerial responsibilities | |||||
a) | Name | Alastair Mackinnon | ||||
2 | Reason for the notification | |||||
a) | Position/status | Chief Medical Officer | ||||
b) | Initial notification/ Amendment | Initial notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Mereo BioPharma Group plc | ||||
b) | LEI | 213800U8JQHIJOS5AS09 | ||||
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 and identification code | MEREO BIOPHARMA GROUP PLC ORDINARY SHARES
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b) | Nature of the transaction | PURCHASE | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information: volume, Price | Aggregated volume: 15169 Aggregated price: GBP0.592 | ||||
e) | Date of the transaction | 2019-10-04 | ||||
f) | Place of the transaction | AIMX |
1 | Details of the person discharging managerial responsibilities | |||||
a) | Name | Alastair Mackinnon | ||||
2 | Reason for the notification | |||||
a) | Position/status | Chief Medical Officer | ||||
b) | Initial notification/ Amendment | Initial notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Mereo BioPharma Group plc | ||||
b) | LEI | 213800U8JQHIJOS5AS09 | ||||
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 and identification code | AMERICAN DEPOSITARY SHARE (ADS) EACH REPRESENTING 5 MEREO BIOPHARMA GROUP PLC ORDINARY SHARES OF GBP0.003 EACH | ||||
b) | Nature of the transaction | PURCHASE | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information: volume, Price | Aggregated volume: 365 Aggregated price: USD3.29 | ||||
e) | Date of the transaction | 2019-10-04 | ||||
f) | Place of the transaction | XNMS |