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Director/PDMR Shareholding

31 Jul 2017 11:43

RNS Number : 5865M
Silence Therapeutics PLC
31 July 2017
 

Director/PDMR Shareholding

 

31 July 2017

 

Silence Therapeutics plc, AIM:SLN ("Silence" or "the Company") a leader in the discovery, delivery, and development of novel RNA therapeutics for the treatment of serious diseases with unmet medical need, announces that it was advised on 31 July that on that day Dr Andrew Richards, a Non-Executive Director of the Company bought 7,000 Ordinary Shares at 146.88p.

 

Following this purchase, Dr Richards is interested in 7,000 ordinary shares, 0.01% of the issued share capital of the Company.

 

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 (PDMR) / person closely associated

a)

Name

Dr Andrew Richards

 

2.

Reason for the notification

a)

Position / status

PDMR - 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

Silence Therapeutics plc

 

b)

LEI

213800SSURRJBX85SQ91

 

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 in Silence Therapeutics plc

 

 

 

ISIN for Silence Therapeutics plc Ordinary Shares:

GB00B9GTXM62

 

b)

Nature of the transaction

Purchase of Ordinary Shares in Silence Therapeutics plc

 

c)

Prices(a) and volume(s)

 

Price

Volume

146.88p

7,000

 

 

d)

Aggregated information

- Aggregated volume

- Price

 

7,000 Ordinary Shares

£10,282

e)

Date of the transaction

31 July 2017

 

f)

Place of the transaction

London Stock Exchange, AIM

 

 

 

 

Enquiries:

 

Silence Therapeutics plc

Ali Mortazavi, Chief Executive Officer

David Ellam, Chief Financial Officer

Tel: +44 (0)20 3457 6900

Peel Hunt LLP (Nominated Adviser and Broker)

James Steel/Oliver Jackson

 

Tel: +44 (0)20 7418 8900

Media Enquiries:

FTI Consulting

Simon Conway/Brett Pollard/Stephanie Cuthbert

 

Tel: +44 (0) 20 3727 1000

 

Notes to Editors

 

About Silence Therapeutics plc

 

Silence Therapeutics develops a new generation of medicines by harnessing the body's natural mechanism of RNA interference, or RNAi, within its cells. Our proprietary technology can selectively inhibit any gene in the genome, specifically silencing the production of disease-causing proteins. Using our enabling delivery systems, we have achieved an additional level of specificity by delivering our therapeutic RNA molecules exclusively to target cells. Silence's proprietary RNA chemistries and delivery systems are designed to improve the stability of our molecules and enhance effective delivery to target cells, providing a powerful modular technology well suited to tackle life-threatening diseases.

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