Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 (6-k)
June 21 2022 - 4:46PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF
THE
SECURITIES EXCHANGE ACT OF 1934
For the month of June 2022
Commission File Number 001-37652
Midatech Pharma PLC
(Translation of registrant’s name into
English)
1 Caspian Point,
Caspian Way
Cardiff, CF10 4DQ, United Kingdom
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual
reports under cover of Form 20-F or Form 40-F:
Form 20-F x Form
40-F o
Indicate by check mark if the registrant is submitting the Form 6-K
in paper as permitted by Regulation S-T Rule 101(b)(1): ¨
Indicate by check mark if the registrant is submitting the Form 6-K
in paper as permitted by Regulation S-T Rule 101(b)(7): ¨
This Report on Form 6-K, including Exhibit 99.1, is hereby incorporated
by reference into the Company’s Registration Statement on Form F-3 (File No. 333-233901).
Appointment of New Chairman of the Board
As previously disclosed, on
June 20, 2022, Rolf Stahel resigned as Chairman of Midatech Pharma PLC (the “Company”). Mr. Stahel resignation was not the
result of any disagreements with the Company.
Further, as previously disclosed,
on June 20, 2022, the Board of Directors of the Company (the “Board”) appointed Dr. Stephen Parker as a director and Chairman
of the Board. A copy of the press release announcing the appointment is attached hereto as Exhibit 99.1 and incorporated by reference
herein.
Dr. Parker, aged 63, has a
career in the healthcare and pharma sector that spans over 30 years, including 10 years in advisory roles. Dr. Parker has served as Managing
Director of sp2 Consulting Limited since 2002, as well as an advisor to Opus Corporate Finance LLP since 2019. Dr. Parker has also served
as Chairman of Sareum Holdings plc (AIM: SAR) since May 2016 and Drishti Discoveries Limited since January 2021, as Senior Independent
Director of MGC Pharmaceuticals Limited (ASX, LSE:MXC) since March 2019, and as a director of Eternans Limited since July 2019 and sp2
Asset Management Limited since September 2018. Previously, Dr. Parker served as a director of Albucasis Limited from September 2013 to
September 2019, as Chairman of Liverpool Chirochem Limited from July 2017 to July 2018, and as a director and Chairman of Silence Therapeutics
plc (LSE: SLN) from November 2013 to April 2019. Dr. Parker also has corporate finance experience having been an investment banker focusing
on pharma and biotechnology with Barings Brothers Limited, SBC Warburg Dillon Read, and Apax Partners LLP, and previously served as a
director at subsidiaries of Celtic Pharma GP Limited and Chief Financial Officer of Oxford GlycoSciences. Dr. Parker received his D.Phil
in Biochemistry from the University of Oxford, MBA in Business Administration from City University, London, and B.Sc. in Chemical Sciences
from the University of East Anglia.
In connection with Dr. Parker’s
appointment, Dr. Parker and the Company entered into a terms of appointment agreement (the “Agreement”). The initial term
of appointment for Dr. Parker expires on June 19, 2023. Pursuant to the terms of the Agreement, Dr. Parker is to be paid an annual fee
for services as a director of £82,000, and is entitled to additional payments depending upon the amount of time he devotes to the
Company under the Agreement. In addition, in connection with the execution of the Agreement, the Company expects to grant to Dr. Parker
options to acquire the Company’s ordinary shares with an aggregate exercise price of £42,000. The foregoing description of
the Agreement is qualified in its entirety by reference to the full text of such Agreement, a copy of which is attached hereto as Exhibit
10.1 and is incorporated herein by reference.
There are no arrangements
or understandings between Dr. Parker and any other person pursuant to which he was appointed as a director of the Company.
Results of 2022 Annual General Meeting
On June 20, 2022, the Company
issued a press releasing announcing the results of its 2022 Annual General Meeting. A copy of the press release is attached hereto as
Exhibit 99.2 and incorporated herein by reference.
SUBMITTED HEREWITH
Attached to the Registrant’s Form 6-K filing
for the month of June 2022, and incorporated by reference herein, is:
Exhibit No. |
|
Description |
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10.1 |
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Terms of Appointment, dated as of June 20, 2022, by and between Midatech Pharma PLC and Stephen Parker. |
99.1 |
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Press Release, dated June 20, 2022, entitled “Directorate Change.” |
99.2 |
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Press release, dated June 20, 2022, entitled “Result of 2022 Annual General Meeting.” |
99.3 |
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Press release, dated June 21, 2022, entitled “Orphan Designation Granted by EMA to MTX110 Development for Treatment of Glioma.” |
SIGNATURE
Pursuant
to the requirements of the Securities Exchange
Act of 1934, the registrant has duly caused this report to be signed on
its behalf by the undersigned, thereunto duly authorized.
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Midatech Pharma PLC |
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Date: June 21, 2022 |
By: |
/s/ Stephen Stamp |
|
|
Stephen Stamp |
|
|
Chief Executive Officer and Chief Financial Officer |
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