TIDMSTX

RNS Number : 5275M

Shield Therapeutics PLC

21 January 2021

Shield Therapeutics plc

("Shield" or the "Group" or the "Company")

Director/PDMR shareholding

London, UK, 21 January 2021: 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 Hans Peter Hasler, Non-Executive Chairman, has acquired 100,000 Ordinary Shares in the Company on 20 January 2021 for consideration of GBP0.59 per Ordinary Share. Following the transaction, Mr Hasler holds 100,000 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                                                     Hans Peter Hasler 
     -------------------------------------------------------  -------------------------------------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------------------------------------------------------- 
 a)   Position/status                                          Chairman 
     -------------------------------------------------------  -------------------------------------------------------- 
 b)   Initial notification/ Amendment                          Initial Notification 
     -------------------------------------------------------  -------------------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, auction platform, auctioneer 
       or auction monitor 
     ----------------------------------------------------------------------------------------------------------------- 
 a)   Name                                                     Shield Therapeutics plc 
     -------------------------------------------------------  -------------------------------------------------------- 
 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 
     -------------------------------------------------------  -------------------------------------------------------- 
 b)   Nature of the transaction                                Acquisition of Ordinary Shares 
     -------------------------------------------------------  -------------------------------------------------------- 
 c)   Price(s) and volume(s)                                   GBP0.59 per Ordinary Share 
                                                                Volumes: 100,000 
     -------------------------------------------------------  -------------------------------------------------------- 
 d)   Aggregated information                                    100,000 
                                                                 GBP59,000 
        *    Aggregated volume 
 
 
 
        *    Price 
     -------------------------------------------------------  -------------------------------------------------------- 
 e)   Date of the transaction                                  20 January 2021 
     -------------------------------------------------------  -------------------------------------------------------- 
 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 
 
  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, 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(R) is commercialised in the UK and European Union by Norgine B.V. and the Company is currently in the process of evaluating commercialisation options for the US market, including the potential launch of Accrufer (R) in the US by Shield. 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

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

DSHDFLFLFFLXBBD

(END) Dow Jones Newswires

January 21, 2021 12:41 ET (17:41 GMT)

Shield Therapeutics (LSE:STX)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Shield Therapeutics Charts.
Shield Therapeutics (LSE:STX)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Shield Therapeutics Charts.