Verona Pharma plc Verona Pharma Plc: Pdmr Dealing
August 09 2019 - 4:35AM
UK Regulatory
TIDMVRP
LONDON, Aug. 09, 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 August 8, 2019, Dr. David
Ebsworth, Chairman of the Company, purchased a further 60,000 ordinary
shares of 5 pence each in the Company (the "Ordinary Shares") at a price
of 50 pence per Ordinary Share and a total purchase price of GBP30,000.
This purchase brings the total purchases made by Dr. Ebsworth during
2019 to approximately GBP80,000.
Following the acquisition, Dr. Ebsworth will have an interest in the
Company of 295,387 Ordinary Shares, representing 0.28% of the Company's
issued share capital.
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
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a) Name David Ebsworth
----------------------------------------- ---------------------------
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 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 Ordinary Shares of 5 pence each
financial instrument,
type of instrument
Identification code GB00BYW2KH80
------------------------ ------------------------------------------------
b) Nature of the David Ebsworth purchased 60,000 Ordinary Shares
transaction
c) Price(s) and volume(s) Price(s) Volume(s)
------------------------ ----------------------
50 pence per Ordinary 60,000 Ordinary Shares
Share
------------------------ ----------------------
d) Aggregated information N/A
- Aggregated volume
- Price
------------------------ ------------------------ ----------------------
e) Date of the transaction 8 August 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 7496 3000
(Nominated Adviser and UK Broker)
Aubrey Powell / Jen Boorer / Iqra Amin (Corporate
Finance)
Mia Gardner (Corporate Broking)
(END) Dow Jones Newswires
August 09, 2019 04:35 ET (08:35 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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