PureTech Health PLC PDMR Notification RSU Vesting
June 27 2024 - 12:01PM
RNS Regulatory News
RNS Number : 2119U
PureTech Health PLC
27 June 2024
27 June 2024
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
8 June 2023 to certain non-executive directors
("PDMRs") pursuant to its
Performance Share Plan ("PSP") vested in full on 12
June 2024 the day
immediately prior to the Company's Annual General Meeting of
Stockholders. Each
PDMR received vested ordinary shares on 26
June 2024.
The Company's total issued ordinary
share capital is 257,927,489 shares after the share issuance to the
PDMRs, 18,523,299 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
|
|
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
|
|
Ordinary Shares of PureTech Health plc
ISIN GB00BY2Z0H74
|
|
|
|
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)
|
|
Recipient
|
Price
|
Amount
|
|
Raju Kucherlapati
|
0.01
GBP
|
17,122
ordinary shares
|
|
John LaMattina
|
0.01
GBP
|
17,122
ordinary shares
|
|
Robert Langer
|
0.01
GBP
|
17,122
ordinary shares
|
|
Kiran Mazumdar-Shaw
|
0.01
GBP
|
17,122
ordinary shares
|
|
Sharon Barber-Lui
|
0.01
GBP
|
17,122
ordinary shares
|
|
|
d)
|
Aggregated information
|
|
Price
|
Aggregate
Volume
|
|
0.01 GBP
|
85,610 ordinary shares
|
|
|
e)
|
Date of the transaction
|
26 June 2024
|
|
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 29
therapeutics and therapeutic candidates, including two that have
received both U.S. FDA clearance and European marketing
authorization and a third (KarXT) that has been filed 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 X (formerly Twitter) @puretechh.
Contact:
PureTech
Investor Relations
IR@puretechhealth.com
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END
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