PDMR Dealing

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 £19,954.18Following 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 £52,000 and follows the purchases made by the Company's Chairman, Dr. David Ebsworth, in March totaling approximately £50,000.

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

2

Reason for the notification


a)


Position/status

 

Spouse (PCA) of Piers Morgan, 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

Identification code

Ordinary Shares of 5 pence each

GB00BYW2KH80

b)

Nature of the transaction

 

Purchase of Ordinary Shares

c)

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

59 pence per Ordinary Share

33,802 Ordinary Shares

 

d)

Aggregated information

-         Aggregated volume

-         Price

N/A

 

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

Victoria Stewart, Director of Communications

info@veronapharma.com

N+1 Singer

(Nominated Adviser and UK Broker)

Tel: +44 (0)20 3283 4200

 

Aubrey Powell /Jen Boorer /Iqra Amin (Corporate Finance)

Mia Gardner (Corporate Broking)

 


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