TIDMROQ

RNS Number : 2637R

Roquefort Therapeutics PLC

04 July 2022

4 July 2022

Roquefort Therapeutics plc

("Roquefort Therapeutics" or the "Company")

Director/PDMR Shareholding

Roquefort Therapeutics (LSE:ROQ), the Main Market listed biotech company focused on early-stage opportunities in the biotechnology sector, advises that Stephen West, Executive Chairman has purchased ordinary shares in the Company in the market, as detailed below:

 
                Number of Ordinary     Average Price   Total Consideration 
   Name                     Shares    Paid Per Share                  Paid 
 Stephen West              210,000      8.5159 pence          GBP17,883.39 
               -------------------  ----------------  -------------------- 
 

Following the above purchase of shares, Mr West holds interests in the following Company securities:

 
                 Number of Ordinary   % of Issued Share   Number of Warrants 
   Name                 Shares Held             Capital                 Held 
 Stephen West             5,049,123               7.02%            7,500,000 
                -------------------  ------------------  ------------------- 
 

4,609,000 of Mr West's shares are held in the name of Cresthaven Investments Pty Ltd ATF the Bellini Trust.

Enquiries:

 
 Roquefort Therapeutics plc 
                                          +44 (0)20 3290 
 Stephen West (Chairman)                            9339 
 Buchanan (Public Relations) 
  Ben Romney / Jamie Hooper / George 
  Beale 
                                          +44 (0)20 7466 
  Optiva Securities Limited (Broker)                5000 
                                          +44 (0)20 3411 
 Christian Dennis                                   1881 
 

For further information on Roquefort Therapeutics, please visit www.roquefortplc.com and @RoquefortTherap on Twitter.

LEI: 254900P4SISIWOR9RH34

About Roquefort Therapeutics

Roquefort Therapeutics (LSE:ROQ) is a Main Market listed biotech company developing products through the pre-clinical phase prior to partnering or selling to big pharma. The Company is a pre-clinical biotech company focused on developing first in class Midkine targeting drugs for the treatment of cancer.

Through extensive research resulting in validation through publication in over 1,000 scientific journals, Roquefort Therapeutics has identified the potential to exploit the broad therapeutic potential of Midkine for a number of clinical indications of unmet needs. Roquefort Therapeutics holds an exclusive licence to the largest global IP portfolio on Midkine. The Midkine blocking drug development markets have significant global market potential (in the multi-billion dollars). Roquefort Therapeutic's pre-clinical program is currently underway with an initial focus on cancer.

This announcement contains inside information for the purposes of Article 7 of the UK version of Market Regulation (EU) No 596/2014 on Market Abuse as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018, as amended ("UK MAR").

The notification below, made in accordance with the requirements of the UK MAR, provides further detail:

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 
       Details of the person discharging managerial responsibilities 
  1     / person closely associated 
 a)    Name                             Stephen West 
      -------------------------------  ---------------------------------------- 
       Reason for the notification 
  2 
      ------------------------------------------------------------------------- 
 a)    Position/status                  Executive Chairman 
      -------------------------------  ---------------------------------------- 
 b)    Initial notification             Initial 
        /Amendment 
      -------------------------------  ---------------------------------------- 
       Details of the issuer, emission allowance market participant, 
  3     auction platform, auctioneer or auction monitor 
      ------------------------------------------------------------------------- 
 a)    Name                             Roquefort Therapeutics plc 
      -------------------------------  ---------------------------------------- 
 b)    LEI                              254900P4SISIWOR9RH34 
      -------------------------------  ---------------------------------------- 
       Details of the transaction(s): section to be repeated 
  4     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               Ordinary shares of GBP0.01 par value 
        financial instrument, 
        type of instrument               ISIN: GB00BMDQ2T15 
        Identification code 
      -------------------------------  ---------------------------------------- 
 b)    Nature of the transaction        Purchase of 210,000 ordinary shares 
      -------------------------------  ---------------------------------------- 
 c)    Price(s) and volume(s)           Price(s)                     Volume(s) 
      -------------------------------  ----------------------------  ---------- 
   8.5159 pence per share                                               210,000 
  -----------------------------------------------------------------  ---------- 
 d     Aggregated information 
        - Aggregated volume                     *    210,000 
        - Price 
 
                                                *    8.5159p 
      -------------------------------  ---------------------------------------- 
 e)    Date of the transactions         4 July 2022 
      -------------------------------  ---------------------------------------- 
 f)    Place of the transactions        London Stock Exchange (XLON); Main 
                                         Market 
      -------------------------------  ---------------------------------------- 
 

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END

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July 04, 2022 11:57 ET (15:57 GMT)

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