Verona Pharma PLC PDMR Dealing (4787A)
May 29 2019 - 6:07AM
UK Regulatory
TIDMVRP
RNS Number : 4787A
Verona Pharma PLC
29 May 2019
Verona Pharma plc
PDMR Dealing
May 29, 2019, LONDON - Verona Pharma plc (AIM:VRP) (Nasdaq:VRNA)
("Verona Pharma"), a biopharmaceutical company focused on
respiratory diseases, announces that, on May 28, 2019, Kayt Morgan,
spouse of Mr. Piers Morgan, CFO of the Company, purchased 33,802
ordinary shares of 5 pence each in the Company (the "Ordinary
Shares") at a price of 59 pence per Ordinary Share and a total
purchase price of GBP19,954.18. Following the acquisition, Mr.
Morgan will have a beneficial interest in the Company of 147,009
Ordinary Shares, representing 0.14% of the Company's issued share
capital.
This purchase brings the total purchases by Mr. and Mrs. Morgan
during the past few months to over GBP52,000 and follows the
purchases made by the Company's Chairman, Dr. David Ebsworth, in
March totaling approximately GBP50,000.
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 Kayt Morgan
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2 Reason for the notification
-----------------------------------------------------------------------
Spouse (PCA) of Piers Morgan,
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 Purchase of Ordinary Shares
------------------------------------------------------------ ------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
59 pence per 33,802 Ordinary
Ordinary Share Shares
----------------
------------------------------------------------------------ ------------------------------------
d) Aggregated information N/A
- Aggregated volume
- Price
------------------------------------------------------------ ------------------------------------
e) Date of the transaction 28 May 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
N+1 Singer Tel: +44 (0)20 3283 4200
(Nominated Adviser and UK Broker)
Aubrey Powell /Jen Boorer /Iqra Amin (Corporate
Finance)
Mia Gardner (Corporate Broking)
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.
END
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