TIDMMXC

RNS Number : 3972G

MGC Pharmaceuticals Limited

18 July 2023

MGC Pharmaceuticals Ltd.

PDMR Notification

18 July 2023

ASX, LSE: MXC

MGC Pharmaceuticals Ltd ('MGC Pharma' or 'the Company') announces, further to the Company's "GBP0.7 million Fundraising" announcement on 14 July 2023, details of the participation of Persons Discharging Managerial Responsibilities ("PDMRs") in the Subscription in accordance with the UK Market Abuse regulations.

Full details of the shares subscribed by the PDMRs in the Subscription are contained in the disclosure tables below.

Capitalised terms not otherwise defined in this announcement shall have the same meaning ascribed to them in the Company's announcement made on 14 July 2023.

 
 1     Details of the person discharging managerial responsibilities/person 
        closely associated 
 (a)   Name                                    Amir Polak 
      --------------------------------------  ------------------------------------------ 
 2     Reason for the notification 
      ---------------------------------------------------------------------------------- 
 (a)   Position                                Chief Pharmaceutical Development 
                                                Officer 
      --------------------------------------  ------------------------------------------ 
 (b)   Initial notification/amendment          Initial 
      --------------------------------------  ------------------------------------------ 
 (c)   If amendment: reason                    n/a 
      --------------------------------------  ------------------------------------------ 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ---------------------------------------------------------------------------------- 
       Full name of entity                     MGC Pharmaceuticals Limited 
      --------------------------------------  ------------------------------------------ 
       Legal Entity Identifier                 213800HRE3FQJ6RK4H10 
        Code 
      --------------------------------------  ------------------------------------------ 
 4     Details of the transaction(s): section to be repeated 
        for (i) each type of instrument; (ii) each type of transaction; 
        (iii) each date; (iv) each place where transactions 
        have been conducted 
      ---------------------------------------------------------------------------------- 
 (a)   Description of the financial            Fully Paid Ordinary Shares 
        instrument, type of 
        instrument 
      --------------------------------------  ------------------------------------------ 
 (b)   Identification Code                     AU000000MXC6 
        (ISIN) 
      --------------------------------------  ------------------------------------------ 
 (c)   Nature of transaction                   Shares issued following participation 
                                                in fundraise 
      --------------------------------------  ------------------------------------------ 
 (d)       Currency              Price               Volume               Total 
      -----------------  ---------------------  ---------------  ----------------------- 
             GBP               GBP0.0012           4,416,667             GBP5,300 
      -----------------  ---------------------  ---------------  ----------------------- 
                                    Aggregated information 
      ---------------------------------------------------------------------------------- 
             GBP               GBP0.0012           4,416,667             GBP5,300 
      -----------------  ---------------------  ---------------  ----------------------- 
 (e)   Date of transaction                     14 July 2023 
      --------------------------------------  ------------------------------------------ 
 (f)   Place of transaction                    Outside a trading venue 
      --------------------------------------  ------------------------------------------ 
 
 
 
 1     Details of the person discharging managerial responsibilities/person 
        closely associated 
 (a)   Name                                    Itay Nissim 
      --------------------------------------  ------------------------------------------ 
 2     Reason for the notification 
      ---------------------------------------------------------------------------------- 
 (a)   Position                                Chief Manufacturing and Supply 
                                                Chain Officer 
      --------------------------------------  ------------------------------------------ 
 (b)   Initial notification/amendment          Initial 
      --------------------------------------  ------------------------------------------ 
 (c)   If amendment: reason                    n/a 
      --------------------------------------  ------------------------------------------ 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ---------------------------------------------------------------------------------- 
       Full name of entity                     MGC Pharmaceuticals Limited 
      --------------------------------------  ------------------------------------------ 
       Legal Entity Identifier                 213800HRE3FQJ6RK4H10 
        Code 
      --------------------------------------  ------------------------------------------ 
 4     Details of the transaction(s): section to be repeated 
        for (i) each type of instrument; (ii) each type of transaction; 
        (iii) each date; (iv) each place where transactions 
        have been conducted 
      ---------------------------------------------------------------------------------- 
 (a)   Description of the financial            Fully Paid Ordinary Shares 
        instrument, type of 
        instrument 
      --------------------------------------  ------------------------------------------ 
 (b)   Identification Code                     AU000000MXC6 
        (ISIN) 
      --------------------------------------  ------------------------------------------ 
 (c)   Nature of transaction                   Shares issued following participation 
                                                in fundraise 
      --------------------------------------  ------------------------------------------ 
 (d)       Currency              Price               Volume               Total 
      -----------------  ---------------------  ---------------  ----------------------- 
            GBP                GBP0.0012           3,833,333             GBP4,600 
      -----------------  ---------------------  ---------------  ----------------------- 
                                    Aggregated information 
      ---------------------------------------------------------------------------------- 
             GBP               GBP0.0012           3,833,333             GBP4,600 
      -----------------  ---------------------  ---------------  ----------------------- 
 (e)   Date of transaction                     14 July 2023 
      --------------------------------------  ------------------------------------------ 
 (f)   Place of transaction                    Outside a trading venue 
      --------------------------------------  ------------------------------------------ 
 
 
 
 1     Details of the person discharging managerial responsibilities/person 
        closely associated 
 (a)   Name                                    Yair Tal 
      --------------------------------------  ------------------------------------------ 
 2     Reason for the notification 
      ---------------------------------------------------------------------------------- 
 (a)   Position                                Chief Information Security Officer 
      --------------------------------------  ------------------------------------------ 
 (b)   Initial notification/amendment          Initial 
      --------------------------------------  ------------------------------------------ 
 (c)   If amendment: reason                    n/a 
      --------------------------------------  ------------------------------------------ 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ---------------------------------------------------------------------------------- 
       Full name of entity                     MGC Pharmaceuticals Limited 
      --------------------------------------  ------------------------------------------ 
       Legal Entity Identifier                 213800HRE3FQJ6RK4H10 
        Code 
      --------------------------------------  ------------------------------------------ 
 4     Details of the transaction(s): section to be repeated 
        for (i) each type of instrument; (ii) each type of transaction; 
        (iii) each date; (iv) each place where transactions 
        have been conducted 
      ---------------------------------------------------------------------------------- 
 (a)   Description of the financial            Fully Paid Ordinary Shares 
        instrument, type of 
        instrument 
      --------------------------------------  ------------------------------------------ 
 (b)   Identification Code                     AU000000MXC6 
        (ISIN) 
      --------------------------------------  ------------------------------------------ 
 (c)   Nature of transaction                   Shares issued following participation 
                                                in fundraise 
      --------------------------------------  ------------------------------------------ 
 (d)       Currency              Price               Volume               Total 
      -----------------  ---------------------  ---------------  ----------------------- 
            GBP                GBP0.0012           2,166,667             GBP2,600 
      -----------------  ---------------------  ---------------  ----------------------- 
                                    Aggregated information 
      ---------------------------------------------------------------------------------- 
             GBP               GBP0.0012           2,166,667             GBP2,600 
      -----------------  ---------------------  ---------------  ----------------------- 
 (e)   Date of transaction                     14 July 2023 
      --------------------------------------  ------------------------------------------ 
 (f)   Place of transaction                    Outside a trading venue 
      --------------------------------------  ------------------------------------------ 
 
 
 
 1     Details of the person discharging managerial responsibilities/person 
        closely associated 
 (a)   Name                                    Yifat Steuer 
      --------------------------------------  ------------------------------------------ 
 2     Reason for the notification 
      ---------------------------------------------------------------------------------- 
 (a)   Position                                Chief Operating Officer and Deputy 
                                                CEO 
      --------------------------------------  ------------------------------------------ 
 (b)   Initial notification/amendment          Initial 
      --------------------------------------  ------------------------------------------ 
 (c)   If amendment: reason                    n/a 
      --------------------------------------  ------------------------------------------ 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ---------------------------------------------------------------------------------- 
       Full name of entity                     MGC Pharmaceuticals Limited 
      --------------------------------------  ------------------------------------------ 
       Legal Entity Identifier                 213800HRE3FQJ6RK4H10 
        Code 
      --------------------------------------  ------------------------------------------ 
 4     Details of the transaction(s): section to be repeated 
        for (i) each type of instrument; (ii) each type of transaction; 
        (iii) each date; (iv) each place where transactions 
        have been conducted 
      ---------------------------------------------------------------------------------- 
 (a)   Description of the financial            Fully Paid Ordinary Shares 
        instrument, type of 
        instrument 
      --------------------------------------  ------------------------------------------ 
 (b)   Identification Code                     AU000000MXC6 
        (ISIN) 
      --------------------------------------  ------------------------------------------ 
 (c)   Nature of transaction                   Shares issued following participation 
                                                in fundraise 
      --------------------------------------  ------------------------------------------ 
 (d)       Currency              Price               Volume               Total 
      -----------------  ---------------------  ---------------  ----------------------- 
            GBP                GBP0.0012           5,833,333             GBP7,000 
      -----------------  ---------------------  ---------------  ----------------------- 
                                    Aggregated information 
      ---------------------------------------------------------------------------------- 
             GBP               GBP0.0012           5,833,333             GBP7,000 
      -----------------  ---------------------  ---------------  ----------------------- 
 (e)   Date of transaction                     14 July 2023 
      --------------------------------------  ------------------------------------------ 
 (f)   Place of transaction                    Outside a trading venue 
      --------------------------------------  ------------------------------------------ 
 
 

--Ends--

Authorised for release by the Managing Director, for further information please contact:

 
 MGC Pharmaceuticals Ltd               MGC Pharmaceuticals Ltd 
  Roby Zomer                            Arron Canicais / Rowan Harland 
  CEO & Managing Director               Joint Company Secretaries 
  +61 8 6382 3390                       +61 8 6382 3390 
  info@mgcpharma.co.uk                  info@mgcpharma.co.uk 
 UK Brokers                            UK Brokers 
  Peterhouse Capital                    Oberon Capital 
  Charles Goodfellow / Lucy Williams    Adam Pollock / Aimee McCusker 
  / Duncan Vasey                        +44 203 179 5300 
  +44 207 469 0930                      adampollock@oberoninvestments.com 
  mgcpharma@tavistock.co.uk             aimeemccusker@oberoninvestments.com 
 UK IR/PR Advisers 
  IDC Advisory 
  Graham Herring / Tim Metcalfe / 
  Zach Cohen 
  mgcpharma@investor-focus.co.uk 
 

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END

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July 18, 2023 06:41 ET (10:41 GMT)

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