Shield Therapeutics PLC Director/PDMR Shareholding (4533I)
December 14 2020 - 2:00AM
UK Regulatory
TIDMSTX
RNS Number : 4533I
Shield Therapeutics PLC
14 December 2020
Shield Therapeutics plc
("Shield" or the "Group" or the "Company")
Director/PDMR shareholding
London, UK, 14 December 2020: Shield Therapeutics plc (LSE:
STX), a commercial stage, pharmaceutical company with a focus on
addressing iron deficiency with its lead product Feraccru (R)
/Accrufer(R) (ferric maltol), announces that Tim Watts, Chief
Executive Officer, has acquired 100,000 Ordinary Shares in the
Company on 11 December 2020 for consideration of GBP0.6975 per
Ordinary Share. Following the transaction, Mr Watts holds 548,700
shares.
The notification below, which has been made in accordance with
the requirements of the EU Market Abuse Regulation, provides
further detail.
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Tim Watts
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2 Reason for the notification
-----------------------------------------------------------------------------------------------------------------
a) Position/status Chief Executive Officer
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b) Initial notification/ Amendment Initial Notification
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3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
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a) Name Shield Therapeutics plc
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b) LEI 213800G74QWY15FC3W71
------------------------------------------------------- --------------------------------------------------------
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 Ordinary shares of 1.5p each in the capital of the
instrument Company
Identification code ISIN of Ordinary Shares: GB00BYV81293
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b) Nature of the transaction Acquisition of Ordinary Shares
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c) Price(s) and volume(s) GBP0.6975 per Ordinary Share
Volumes: 100,000
------------------------------------------------------- --------------------------------------------------------
d) Aggregated information 100,000
GBP69,750.00
* Aggregated volume
* Price
------------------------------------------------------- --------------------------------------------------------
e) Date of the transaction 11 December 2020
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f) Place of the transaction London Stock Exchange, AIM Market
------------------------------------------------------- --------------------------------------------------------
For further information please contact:
Shield Therapeutics plc www.shieldtherapeutics.com
Tim Watts, CEO +44 (0)20 7186 8500
Karen Chandler Smith, Investor
Relations
Nominated Adviser and Joint
Broker
Peel Hunt LLP
James Steel/Dr Christopher
Golden +44 (0)20 7418 8900
Joint Broker
finnCap Ltd
Geoff Nash/Matt Radley/Alice
Lane +44 (0)20 7220 0500
Financial PR & IR Advisor
Walbrook PR +44 (0)20 7933 8780 or shield@walbrookpr.com
+44 (0)7980 541 893 / +44 (0)7584 391
Paul McManus/Lianne Cawthorne 303
About Shield Therapeutics plc
Shield is a de-risked, specialty pharmaceutical company focused
on commercialising its lead product, Feraccru(R)/Accrufer(R), a
novel, stable, non-salt based oral therapy for adults with iron
deficiency with or without anaemia. Feraccru(R)/Accrufer(R) has
been approved for use in the United States, European Union, UK and
Switzerland and has exclusive IP rights until the mid-2030s.
Feraccru is commercialised in the UK and Europe by Norgine B.V. and
the Company is currently in the process of selecting a
commercialisation partner for the US market. Shield also has an
exclusive licence agreement with Beijing Aosaikang Pharmaceutical
Co., Ltd., for the development and commercialisation of
Feraccru(R)/Accrufer(R) in China, Hong Kong, Macau and Taiwan.
For more information, please visit www.shieldtherapeutics.com .
Follow Shield on Twitter @ShieldTx
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END
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