Verona Pharma plc Pdmr Dealing
March 20 2019 - 3:00AM
UK Regulatory
TIDMVRP
LONDON, March 20, 2019 (GLOBE NEWSWIRE) -- Verona Pharma plc (AIM:VRP)
(Nasdaq:VRNA) ("Verona Pharma"), a clinical-stage biopharmaceutical
company focused on developing and commercializing innovative therapies
for respiratory diseases, announces that, on March 18, 2019, Mr. Piers
Morgan, CFO of the Company, purchased 34,481 ordinary shares of 5 pence
each in the Company (the "Ordinary Shares") at a price of 58 pence per
Ordinary Share and a total purchase price of GBP19,999.98 Following the
acquisition, Mr. Morgan will have an interest in the Company of 93,075
Ordinary Shares, representing 0.09% of the Company's issued share
capital.
The purchase by Mr. Morgan follows the purchases made by the Company's
Chairman, Dr. David Ebsworth, earlier this month totaling approximately
GBP50,000.00.
The notification set out below is provided in accordance with the
requirements of the EU Market Abuse Regulation.
1 Details of the person discharging managerial responsibilities/person
closely associated
----------------------------------------------------------------------
a) Name Piers Morgan
--------------------------------------- -----------------------------
2 Reason for the notification
----------------------------------------------------------------------
a) Position/status Chief Financial Officer
--------------------------------------- -----------------------------
b) Initial notification/Amendment Initial notification
--------------------------------------- -----------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
----------------------------------------------------------------------
a) Name Verona Pharma plc
--------------------------------------- -----------------------------
b) LEI 213800EVI6O6J3TIAL06
--------------------------------------- -----------------------------
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 instrument Ordinary Shares of 5 pence each
Identification code GB00BYW2KH80
----------------------------------------------------------- ---------------------------------
b) Nature of the transaction Piers Morgan purchased Ordinary
Shares
----------------------------------------------------------- ---------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
--------- ----------------------
58 pence 34,481 Ordinary Shares
per
Ordinary
Share
----------------------------------------------------------- --------- ----------------------
d) Aggregated information N/A
- Aggregated volume
- Price
----------------------------------------------------------- ---------------------------------
e) Date of the transaction 18 March 2019
----------------------------------------------------------- ---------------------------------
f) Place of the transaction London Stock Exchange, AIM
----------------------------------------------------------- ---------------------------------
For further information, please contact:
Verona Pharma plc Tel: +44 (0)20 3283 4200
Jan-Anders Karlsson, Chief Executive Officer info@veronapharma.com
Victoria Stewart, Director of Communications
Stifel Nicolaus Europe Limited (Nominated Adviser Tel: +44 (0) 20 7710 7600
and UK Broker)
Stewart Wallace / Jonathan Senior / Ben Maddison
(END) Dow Jones Newswires
March 20, 2019 03:00 ET (07:00 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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