TIDMROQ

RNS Number : 8960A

Roquefort Therapeutics PLC

28 September 2022

28 September 2022

Roquefort Therapeutics plc

("Roquefort Therapeutics" or the "Company")

Director/PDMR Shareholding

Roquefort Therapeutics (LSE:ROQ, OTCQB:ROQAF), the Main Market listed biotech company focused on developing first in class drugs in the high value and high growth oncology segment, advises that Stephen West, Executive Chairman and Dr Simon Sinclair, a Non-Executive Director have 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                244,656       8.175 pence          GBP19,999.79 
                 -------------------  ----------------  -------------------- 
 Simon Sinclair               60,415       8.276 pence           GBP4,999.97 
                 -------------------  ----------------  -------------------- 
 

Following the above purchase of shares, Stephen West and Simon Sinclair hold interests in the following Company securities:

 
                   Number of Ordinary   % of Issued Share   Number of Warrants 
   Name                   Shares Held             Capital                 Held 
 Stephen West               5,313,264               4.11%            7,500,000 
                  -------------------  ------------------  ------------------- 
 Simon Sinclair                60,415               0.05%              300,000 
                  -------------------  ------------------  ------------------- 
 

4,628,485 of Mr West's shares are held in the name of Cresthaven Investments Pty Ltd ATF the Bellini Trust.

Enquiries:

 
  Roquefort Therapeutics plc 
   Stephen West (Chairman) / Ajan          +44 (0)20 3290 
    Reginald (CEO)                                   9339 
   Hybridan LLP (Joint Broker) 
    Claire Louise Noyce 
 
    Optiva Securities Limited (Joint       +44 (0)203 764 
    Broker)                                          2341 
                                           +44 (0)20 3411 
   Christian Dennis                                  1881 
 
    Buchanan (Public Relations) 
    Ben Romney / Jamie Hooper / George     +44 (0)20 7466 
    Beale                                            5000 
 

LEI: 254900P4SISIWOR9RH34

About Roquefort Therapeutics

Roquefort Therapeutics (LSE:ROQ, OTCQB:ROQAF) is a Main Market listed biotech company developing first in class drugs in the high value and high growth oncology segment prior to partnering or selling to big pharma.

Since listing in March 2021, Roquefort Therapeutics has successfully acquired Lyramid Pty Limited, a leader in the development of medicines for a new therapeutic target, Midkine (a human growth factor associated with cancer progression), and most recently acquired Oncogeni Ltd, founded by Nobel Laureate Professor Sir Martin Evans, which has developed two families of innovative cell and RNA oncology medicines.

Roquefort Therapeutics' portfolio consists of four fully funded, novel patent-protected pre-clinical anti-cancer medicines. The highly complementary profile of four best-in-class medicines consists of:

   --    Midkine antibodies with significant in vivo efficacy and toxicology studies; 
   --    Midkine RNA therapeutics with novel anti-cancer gene editing action; 
   --    MK cell therapy with direct and NK-mediated anti-cancer action; and 
   --    siRNA targeting novel STAT-6 target in solid tumours showing significant in vivo efficacy. 

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

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 244,656 ordinary shares 
      -------------------------------  ---------------------------------------- 
 c)    Price(s) and volume(s)           Price(s)                     Volume(s) 
      -------------------------------  ----------------------------  ---------- 
                                        8.000 pence per share            62,040 
    8.215 pence per share                                                60,416 
    8.000 pence per share                                                62,040 
    8.250 pence per share                                                60,160 
  -----------------------------------------------------------------  ---------- 
 d     Aggregated information 
        - Aggregated volume                     *    244,656 
        - Price 
 
                                                *    8.175p 
      -------------------------------  ---------------------------------------- 
 e)    Date of the transactions         27 September 2022 
      -------------------------------  ---------------------------------------- 
 f)    Place of the transactions        London Stock Exchange (XLON); Main 
                                         Market 
      -------------------------------  ---------------------------------------- 
 

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                             Dr Simon Sinclair 
      -------------------------------  ---------------------------------------- 
       Reason for the notification 
  2 
      ------------------------------------------------------------------------- 
 a)    Position/status                  Non-Executive Director 
      -------------------------------  ---------------------------------------- 
 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 60,415 ordinary shares 
      -------------------------------  ---------------------------------------- 
 c)    Price(s) and volume(s)           Price(s)                     Volume(s) 
      -------------------------------  ----------------------------  ---------- 
   8.276 pence per share                                                 60,415 
  -----------------------------------------------------------------  ---------- 
 d     Aggregated information 
        - Aggregated volume                     *    60,415 
        - Price 
 
                                                *    8.276p 
      -------------------------------  ---------------------------------------- 
 e)    Date of the transactions         27 September 2022 
      -------------------------------  ---------------------------------------- 
 f)    Place of the transactions        London Stock Exchange (XLON); Main 
                                         Market 
      -------------------------------  ---------------------------------------- 
 

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END

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September 28, 2022 02:02 ET (06:02 GMT)

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