Verona Pharma PLC Director Dealing
December 03 2015 - 11:02AM
UK Regulatory
TIDMVRP
Verona Pharma plc
("Verona Pharma" or the "Company")
Director Dealing
3 December 2015, Cardiff - Verona Pharma plc (AIM: VRP) today received
notification that David Ebsworth, Director of the Company, today purchased
370,000 ordinary shares of 0.1 pence each of the Company ("Ordinary Shares") at
a price of 3.25 pence per Ordinary Share.
Following the transaction David Ebsworth has a total interest of 4,199,774
Ordinary Shares, representing 0.42% of the total voting rights.
-Ends-
For further information please contact:
Verona Pharma plc Tel: +44 (0) 20 3283
4200
Jan-Anders Karlsson, Chief Executive Officer
N+1 Singer Tel: +44 (0)20 7496
3000
Aubrey Powell / Jen Boorer
FTI Consulting Tel: +44 (0)20 3727
1000
Simon Conway / Stephanie Cuthbert / Natalie
Garland-Collins
Notes to Editors
About Verona Pharma plc
Verona Pharma plc is a UK-based clinical stage biopharmaceutical company
focused on the development of innovative prescription medicines to treat
respiratory diseases with significant unmet medical needs, such as chronic
obstructive pulmonary disease (COPD), asthma and cystic fibrosis.
Verona Pharma's lead drug, RPL554, is a first-in-class drug currently in Phase
II trials as a nebulised treatment for acute exacerbations of COPD in the
hospital setting. The drug is a dual phosphodiesterase (PDE) 3/4 inhibitor and
therefore has both bronchodilator and anti-inflammatory effects, which are
essential to the improvement of patients with COPD and asthma.
Verona Pharma is also building a broader portfolio of RPL554-containing
products to maximise its benefit to patients and its value. This includes the
very significant markets for COPD and asthma maintenance therapy. The Company
is also exploring the potential of the drug in different diseases, such as
cystic fibrosis, where it is in pre-clinical testing and has received a Venture
and Innovation Award from the Cystic Fibrosis Trust.
END
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