TIDMMPH

RNS Number : 6911B

Mereo BioPharma Group plc

09 October 2020

Mereo BioPharma Group plc

Director and PDMR Dealings

London and Redwood City, Calif ., October 9, 2020 - Mereo BioPharma Group plc (NASDAQ: MREO, AIM: MPH), "Mereo" or "the Company", a clinical-stage biopharmaceutical company focused on oncology and rare diseases, received notification that on October 7 2020 Denise Scots-Knight, Chief Executive Officer of Mereo, purchased 12,711 American Depositary Shares (ADSs) at a price of USD 2.36 per ADS, Brian Schwartz, Non-Executive Director of Mereo, purchased 20,000 ADSs at a price of USD 2.35 per ADS and John Richard, Head of Corporate Development of Mereo, purchased 6,500 ADSs at a price of USD 2.36 per ADS.

The below announcement and notification is made in accordance with the EU Market Abuse Regulation. The form required under the EU Market Abuse Regulation follows.

 
 1     Details of the person discharging managerial responsibilities 
 a)    Name                       Denise Scots-Knight 
      -------------------------  ---------------------------------------------- 
 2     Reason for the notification 
      ------------------------------------------------------------------------- 
 a)    Position/status            Chief Executive Officer 
      -------------------------  ---------------------------------------------- 
 b)    Initial notification/      Initial notification 
        Amendment 
      -------------------------  ---------------------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ------------------------------------------------------------------------- 
 a)    Name                       Mereo BioPharma Group plc 
      -------------------------  ---------------------------------------------- 
 b)    LEI                        213800U8JQHIJOS5AS09 
      -------------------------  ---------------------------------------------- 
 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             MEREO BIOPHARMA GROUP PLC AMERICAN DEPOSITARY 
        the financial              SHARES (ADSs) 
        instrument, type 
        of instrument 
        and identification 
        code 
      -------------------------  ---------------------------------------------- 
 b)    Nature of the              PURCHASE 
        transaction 
      -------------------------  ---------------------------------------------- 
 c)    Price(s) and                 Price(s)    Volume(s) 
        volume(s)                    USD 2.36    12,711 
                                                ---------- 
      -------------------------  ---------------------------------------------- 
       Aggregated information: 
 d)     volume, Price             30043.72 
      -------------------------  ---------------------------------------------- 
 e)    Date of the transaction    2020-10-07 
      -------------------------  ---------------------------------------------- 
 f)    Place of the               XNMS 
        transaction 
      -------------------------  ---------------------------------------------- 
 
 
 1     Details of the person discharging managerial responsibilities 
 a)    Name                       Brian Schwartz 
      -------------------------  ---------------------------------------------- 
 2     Reason for the notification 
      ------------------------------------------------------------------------- 
 a)    Position/status            Non-Executive Director 
      -------------------------  ---------------------------------------------- 
 b)    Initial notification/      Initial notification 
        Amendment 
      -------------------------  ---------------------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ------------------------------------------------------------------------- 
 a)    Name                       Mereo BioPharma Group plc 
      -------------------------  ---------------------------------------------- 
 b)    LEI                        213800U8JQHIJOS5AS09 
      -------------------------  ---------------------------------------------- 
 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             MEREO BIOPHARMA GROUP PLC AMERICAN DEPOSITARY 
        the financial              SHARES (ADSs) 
        instrument, type 
        of instrument 
        and identification 
        code 
      -------------------------  ---------------------------------------------- 
 b)    Nature of the              PURCHASE 
        transaction 
      -------------------------  ---------------------------------------------- 
 c)    Price(s) and                 Price(s)    Volume(s) 
        volume(s)                    USD 2.35    20,000 
                                                ---------- 
      -------------------------  ---------------------------------------------- 
       Aggregated information: 
 d)     volume, Price             47068.00 
      -------------------------  ---------------------------------------------- 
 e)    Date of the transaction    2020-10-07 
      -------------------------  ---------------------------------------------- 
 f)    Place of the               XNMS 
        transaction 
      -------------------------  ---------------------------------------------- 
 
 
 1     Details of the person discharging managerial responsibilities 
 a)    Name                       John Richard 
      -------------------------  ---------------------------------------------- 
 2     Reason for the notification 
      ------------------------------------------------------------------------- 
 a)    Position/status            Head of Corporate Development 
      -------------------------  ---------------------------------------------- 
 b)    Initial notification/      Initial notification 
        Amendment 
      -------------------------  ---------------------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ------------------------------------------------------------------------- 
 a)    Name                       Mereo BioPharma Group plc 
      -------------------------  ---------------------------------------------- 
 b)    LEI                        213800U8JQHIJOS5AS09 
      -------------------------  ---------------------------------------------- 
 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             MEREO BIOPHARMA GROUP PLC AMERICAN DEPOSITARY 
        the financial              SHARES (ADSs) 
        instrument, type 
        of instrument 
        and identification 
        code 
      -------------------------  ---------------------------------------------- 
 b)    Nature of the              PURCHASE 
        transaction 
      -------------------------  ---------------------------------------------- 
 c)    Price(s) and                 Price(s)    Volume(s) 
        volume(s)                    USD 2.36    6,500 
                                                ---------- 
      -------------------------  ---------------------------------------------- 
       Aggregated information: 
 d)     volume, Price             15330.06 
      -------------------------  ---------------------------------------------- 
 e)    Date of the transaction    2020-10-07 
      -------------------------  ---------------------------------------------- 
 f)    Place of the               XNMS 
        transaction 
      -------------------------  ---------------------------------------------- 
 

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END

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October 09, 2020 11:05 ET (15:05 GMT)

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