NetScientific PLC PDS merger with Edge Therapeutics update (2254T)
19 Março 2019 - 4:01AM
UK Regulatory
TIDMNSCI
RNS Number : 2254T
NetScientific PLC
19 March 2019
NetScientific plc
("NetScientific" or the "Company")
PDS merger with Edge Therapeutics update
Further to its announcements on 26 November 2018 and 18 March
2019, the Company announces that its ownership of the enlarged PDS
Biotechnology Corporation ("PDS"), trading on Nasdaq under the
ticker PDSB, on a fully-diluted basis is 8.15%, which at the
listing price on 18 March 2019 of $10 values NetScientific's
holding in PDS at GBP4,081,451*. It is the Company's intention to
hold the shares and to make a decision on its position in due
course.
*Using a US:GBP exchange rate of 1.33
# # #
For more information, please contact:
NetScientific Tel: +44 (0)20 3514
François R. Martelet, M.D., CEO 1800
Ian Postlethwaite, CFO
WH Ireland Limited (NOMAD, Financial Adviser Tel: +44 (0)20 7220
and Broker) 1666
Chris Fielding / Jessica Cave
Consilium Strategic Communications Tel: +44 (0)20 3709
Mary-Jane Elliott / Chris Welsh / Laura Thornton 5700
NetScientific@consilium-comms.com
About NetScientific
NetScientific is a transatlantic healthcare technology group
with an investment strategy focused on sourcing, funding and
commercialising technologies that significantly improve the health
and well-being of people with chronic diseases.
For more information, please visit the website at
http://www.NetScientific.net
This information is provided by RNS, the news service of the
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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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