Tissue Regenix Group PLC PDMR Dealings (8254K)
January 06 2021 - 10:58AM
UK Regulatory
TIDMTRX
RNS Number : 8254K
Tissue Regenix Group PLC
06 January 2021
Tissue Regenix Group plc
PDMR Dealings
Leeds, 6 January 2021 - Tissue Regenix Group (AIM:TRX) ("Tissue
Regenix" or the "Group",) the regenerative medical devices company,
has been notified that Trevor Phillips, independent Non-Executive
Director of the Group, purchased 2,777,770 ordinary shares of 0.1p
each in the Group ("Ordinary Shares") at a price of 0.54p per
Ordinary Share for a total consideration of GBP14,999.96, on 6
January 2021.
Following this purchase, Mr. Phillips is beneficially interested
in a total of 2,777,770 Ordinary Shares, representing approximately
0.04 per cent. of the Group's issued share capital.
The notifications below, made in accordance with the
requirements of the EU Market Abuse Regulation, provides further
details.
For more Information:
Tissue Regenix Group plc
Caitlin Pearson Head of Communications Tel: 0330 430 3052
------------------------------------------ ---------------------
Stifel Nicolaus Europe Limited (Nominated Tel: 0207 710 7600
Adviser and Broker)
Ben Maddison / Alex Price
------------------------------------------ ---------------------
About Tissue Regenix
Tissue Regenix is a leading medical devices company in the field
of regenerative medicine. The company's patented decellularisation
('dCELL(R)') technology removes DNA and other cellular material
from animal and human soft tissue leaving an acellular tissue
scaffold which is not rejected by the patient's body and can then
be used to repair diseased or worn out body parts. Current
applications address many critical clinical needs such as sports
medicine, heart valve replacement and wound care.
In August 2017 Tissue Regenix acquired CellRight
Technologies(R), a biotech company that specializes in regenerative
medicine and is dedicated to the development of innovative
osteoinductive and wound care scaffolds that enhance healing
opportunities of defects created by trauma and disease. CellRight's
human osteobiologics may be used in spine, trauma, general
orthopaedic, foot & ankle, dental, and sports medicine surgical
procedures.
Notification and public disclosure of transactions by persons
discharging managerial responsibilities ("PDMRs") and persons
closely associated ("PCA") with them.
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Names Trevor Phillips
------------------------- ----------------------------------------
2 Reason for the notification
-------------------------------------------------------------------
a) Position/status Independent Non-Executive Director
------------------------- ----------------------------------------
b) Initial notification Initial notification
/Amendment
------------------------- ----------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-------------------------------------------------------------------
a) Name Tissue Regenix Group plc
------------------------- ----------------------------------------
b) LEI 213800PNOD5UHQUFJI36
------------------------- ----------------------------------------
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 Ordinary Shares of 0.1p each
of the financial
instrument,
type of instrument
------------------------- ----------------------------------------
b) Identification GB00B5SGVL29
code
------------------------- ----------------------------------------
c) Nature of the Purchase of Ordinary Shares
transaction
------------------------- ----------------------------------------
d) Price(s) and Volume(s): 2,777,770 Ordinary Shares
volume(s) Price: 0. 54 pence per Ordinary Share
------------------------- ----------------------------------------
d) Aggregated information N/A
- Aggregated
volume
- Price
------------------------- ----------------------------------------
e) Date of the 6 January 2021
transactions
------------------------- ----------------------------------------
f) Place of the AIM
transaction
------------------------- ----------------------------------------
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END
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