PureTech Health PLC Director/PDMR Shareholding (9217Y)
May 20 2016 - 11:20AM
UK Regulatory
TIDMPRTC
RNS Number : 9217Y
PureTech Health PLC
20 May 2016
PureTech Health plc ("PureTech" or the "Company")
Notification of Transactions of Directors/Persons Discharging
Managerial Responsibility or their Connected Persons
In accordance with Rule 3.1.2R of the Disclosure and
Transparency Rules, the Company was notified on 20 May 2016 that
Zohar LLC transferred: (i) 2,378,032 ordinary shares of one pence
each in the capital of the Company (the "Ordinary Shares") for nil
consideration to the Zohar Family Trust I, a US-established trust
of which Daphne Zohar is a beneficiary and trustee; and (ii)
2,378,031 Ordinary Shares for nil consideration to the Zohar Family
Trust II, a US-established trust of which Daphne Zohar is a
beneficiary (in the event of her spouse's death) and trustee.
Daphne Zohar is the Chief Executive Officer and a director of
the Company. Zohar LLC, the Zohar Family Trust I and the Zohar
Family Trust II are each persons connected with Daphne Zohar for
the purposes of Rule 3.1.2R of the Disclosure and Transparency
Rules.
The Company was informed that these transfers, which took place
on 20 May 2016, were for estate planning purposes.
As a result of these transfers, which together represent
approximately 2% of the issued share capital of the Company, the
Zohar Family Trust I and the Zohar Family Trust II have each
acquired approximately 1% of the issued share capital of the
Company. There has been no change in the total number of voting
rights in the Company directly or indirectly held by Daphne
Zohar.
This announcement is made in accordance with Rule 3.1.4 R of the
Disclosure and Transparency Rules.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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