27 Jul 2023 07:00
27 July 2023
PureTech Health plc
PDMR Notifications
PureTech Health plc (Nasdaq: PRTC, LSE: PRTC) ("PureTech" or the "Company"), a clinical-stage biotherapeutics company dedicated to giving life to new classes of medicine to change the lives of patients with devastating diseases, announces that awards of restricted share units ("RSUs") granted by PureTech on 22 July 2022 to certain non-executive directors ("PDMRs") pursuant to its Performance Share Plan ("PSP") vested in full on 12 June 2023 the day immediately prior to the Company's Annual General Meeting of Stockholders. Each PDMR received vested ordinary shares on 25 July 2023.
The Company's total issued ordinary share capital is 289,468,159 shares after the share issuance to the PDMRs, 13,264,823 shares of which are held in treasury by the Company.
PDMR Notification
The information contained in the below notification is disclosed in accordance with Article 19 of the EU Market Abuse Regulation.
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||||||||||||||
a) | Name | Raju Kucherlapati John LaMattina Robert Langer Kiran Mazumdar-Shaw Sharon Barber-Lui
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2 | Reason for the notification | |||||||||||||||||||
a) | Position/status | Non-Executive Directors | ||||||||||||||||||
b) | Initial notification/Amendment | Initial Notification | ||||||||||||||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||||||||||||||
a) | Name | PureTech Health plc | ||||||||||||||||||
b) | LEI | 213800LVPDNO2Z9T9I39 | ||||||||||||||||||
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 |
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b) | Nature of the transaction | Issuance of ordinary shares in settlement of certain vested RSUs under the PureTech Health Performance Share Plan. | ||||||||||||||||||
c) | Price(s) and volume(s) |
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d) | Aggregated information
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e) | Date of the transaction | 25 July 2023 | ||||||||||||||||||
f) | Place of the transaction | London Stock Exchange (XLON) | ||||||||||||||||||
About PureTech Health
PureTech is a clinical-stage biotherapeutics company dedicated to giving life to new classes of medicine to change the lives of patients with devastating diseases. The Company has created a broad and deep pipeline through its experienced research and development team and its extensive network of scientists, clinicians and industry leaders that is being advanced both internally and through its Founded Entities. PureTech's R&D engine has resulted in the development of 27 therapeutics and therapeutic candidates, including two (Plenity® and EndeavorRx®) that have received both US FDA clearance and European marketing authorization and a third (KarXT) that is expected to be filed soon for FDA approval. A number of these programs are being advanced by PureTech or its Founded Entities in various indications and stages of clinical development, including registration enabling studies. All of the underlying programs and platforms that resulted in this pipeline of therapeutic candidates were initially identified or discovered and then advanced by the PureTech team through key validation points.
For more information, visit www.puretechhealth.com or connect with us on Twitter @puretechh.
Contact:
PureTech
Investor Relations
IR@puretechhealth.com
PureTech (PRTC)