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 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.

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March 19, 2019 03:01 ET (07:01 GMT)

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