TIDMARIX

RNS Number : 1654Y

Arix Bioscience Plc

02 May 2023

Arix Bioscience plc

("Company")

PDMR notifications & Director Shareholdings

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

Arix Bioscience Plc has been notified of the following transactions relating to the below named PDMRs and their respective interests in the ordinary share capital of the Company ('Shares'):

Peregrine Moncreiffe, Non-Executive Director and Chairman of the Board purchased 75,000 Ordinary shares of 0.001 pence each in the Company ("Shares") on 27 April 2023 at a price of 102.5 pence per share and purchased a further 85,000 Shares in the Company on 28 April 2023 at a price of 104.8 pence per share.

Debra Barker, Non-Executive Director and Senior Independent Director purchased 24,000 Shares in the Company on 27 April 2023 at a price of 103 pence per share.

Robert Lyne, Chief Executive Officer purchased 24,330 Shares in the Company on 27 April 2023 at a price of 102.75 pence per share.

In a separate transaction, Robert Lyne exercised vested options over 203,764 shares ("Option Shares") on 27 April 2023 pursuant to a nil cost share award granted on 30 June 2020. 96,107 of the Shares were sold on 27 April 2023 at a sale price of 101.5 pence per share to satisfy the resultant income tax and National Insurance liability.

The notification below, made in accordance with the requirements of UK Market Abuse Regulation, provides further detail on the respective transactions.

 
       Details of the person discharging managerial responsibilities 
  1     / person closely associated 
 a)    Name                                       Peregrine Moncreiffe 
      -----------------------------------------  ----------------------------------------------- 
       Reason for the notification 
  2 
      ------------------------------------------------------------------------------------------ 
 a)    Position/status                            Non-Executive Director and Chair of the 
                                                   Board 
      -----------------------------------------  ----------------------------------------------- 
 b)    Initial notification /Amendment            Initial Notification 
      -----------------------------------------  ----------------------------------------------- 
       Details of the issuer, emission allowance market participant, 
  3     auction platform, auctioneer or auction monitor 
      ------------------------------------------------------------------------------------------ 
 a)    Name                                       Arix Bioscience plc 
      -----------------------------------------  ----------------------------------------------- 
 b)    LEI                                        213800OVT3AHQCXNIX43 
      -----------------------------------------  ----------------------------------------------- 
       Details of the transaction(s): section to be repeated for (i) 
  4     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               Arix Bioscience plc Ordinary shares of 
        instrument, type of instrument             0.001 pence each 
       Identification code                        GB00BD045071 
 b)    Nature of the transaction                  Share purchase 
c)     Price(s) and volume(s)                            Price(s)GBP          Volume(s) 
       27 April 2023                                     1.025                75,000 
   28 April 2023                                          1.048                85,000 
                                                        -------------------  --------------- 
 d)    Aggregated information 
  - Aggregated volume                        160,000 
  - Price                                    GBP165,962.50 
 e)    Date of the transaction                    27 April 2023 28 April 2023 
 f)    Place of the transaction                   Outside a trading venue 
      -----------------------------------------  ----------------------------------------------- 
 
 
       Details of the person discharging managerial responsibilities 
  1     / person closely associated 
 a)    Name                                      Robert Lyne 
      ----------------------------------------  --------------------------------------------------- 
       Reason for the notification 
  2 
      --------------------------------------------------------------------------------------------- 
 a)    Position/status                           Chief Executive Officer 
      ----------------------------------------  --------------------------------------------------- 
 b)    Initial notification                      Initial Notification 
        /Amendment 
      ----------------------------------------  --------------------------------------------------- 
       Details of the issuer, emission allowance market participant, 
  3     auction platform, auctioneer or auction monitor 
      --------------------------------------------------------------------------------------------- 
 a)    Name                                      Arix Bioscience plc 
      ----------------------------------------  --------------------------------------------------- 
 b)    LEI                                       213800OVT3AHQCXNIX43 
      ----------------------------------------  --------------------------------------------------- 
       Details of the transaction(s): section to be repeated for (i) 
  4     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                        Arix Bioscience plc Ordinary shares of 0.001 
        financial instrument,                     pence each 
        type of instrument 
       Identification code                       GB00BD045071 
 b)    Nature of the transaction                 Share Purchase 
----  ----------------------------------------  --------------------------------------------------- 
c)     Price(s) and volume(s)                     Price(s)GBP                  Volume(s) 
      ----------------------------------------   ---------------------------  ------------------- 
    GBP1.0275                                                                  24,330 
   -------------------------------------------------------------------------  ------------------- 
 d)    Aggregated information 
  - Aggregated volume                       N/A (Single Transaction) 
  - Price                                   GBP24,999.08 
 e)    Date of the transaction                   27 April 2023 
 f)    Place of the transaction                  London Stock Exchange 
      ----------------------------------------  --------------------------------------------------- 
 
 
       Details of the person discharging managerial responsibilities 
  1     / person closely associated 
 a)    Name                          Robert Lyne 
      ----------------------------  -------------------------------------------------------- 
       Reason for the notification 
  2 
      -------------------------------------------------------------------------------------- 
 a)    Position/status               Chief Executive Officer 
      ----------------------------  -------------------------------------------------------- 
 b)    Initial notification          Initial Notification 
        /Amendment 
      ----------------------------  -------------------------------------------------------- 
       Details of the issuer, emission allowance market participant, 
  3     auction platform, auctioneer or auction monitor 
      -------------------------------------------------------------------------------------- 
 a)    Name                          Arix Bioscience plc 
      ----------------------------  -------------------------------------------------------- 
 b)    LEI                           213800OVT3AHQCXNIX43 
      ----------------------------  -------------------------------------------------------- 
       Details of the transaction(s): section to be repeated for (i) 
  4     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            Arix Bioscience plc Ordinary shares of 0.001 
        financial instrument,         pence each 
        type of instrument 
       Identification code           GB00BD045071 
 b)    Nature of the transaction     Vesting of awards under the Company's Executive 
                                      Incentive Plan ("EIP") 2020 and sale of shares 
                                      to cover associated tax liabilities 
----  ----------------------------  -------------------------------------------------------- 
c)     Price(s) and volume(s)               Price(s)GBP                        Volume(s) 
      ----------------------------  -----  ---------------------------------  ---------- 
                                                  1.) Acquisition 
                                                   GBPnil per share            203,764 
           2.) Disposal GBP1.015                                                96,107 
   -------------------------------------------------------------------------  ---------- 
 d)    Aggregated information 
  - Aggregated volume           N/A (Single Transaction) 
  - Price                        GBP97,548.61 
 e)    Date of the transaction       27 April 2023 
 f)    Place of the transaction      Outside a trading venue 
      ----------------------------  -------------------------------------------------------- 
 
 
       Details of the person discharging managerial responsibilities 
  1     / person closely associated 
 a)    Name                                     Debra Barker 
      ---------------------------------------  --------------------------------------------- 
       Reason for the notification 
  2 
      -------------------------------------------------------------------------------------- 
 a)    Position/status                          Non-Executive Director 
      ---------------------------------------  --------------------------------------------- 
 b)    Initial notification /Amendment          Initial Notification 
      ---------------------------------------  --------------------------------------------- 
       Details of the issuer, emission allowance market participant, 
  3     auction platform, auctioneer or auction monitor 
      -------------------------------------------------------------------------------------- 
 a)    Name                                     Arix Bioscience plc 
      ---------------------------------------  --------------------------------------------- 
 b)    LEI                                      213800OVT3AHQCXNIX43 
      ---------------------------------------  --------------------------------------------- 
       Details of the transaction(s): section to be repeated for (i) 
  4     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             Arix Bioscience plc Ordinary shares of 
        instrument, type of instrument           0.001 pence each 
       Identification code                      GB00BD045071 
 b)    Nature of the transaction                Share purchase 
  c)   Price(s) and volume(s)                         Price(s) GBP         Volume(s) 
                                                       GBP1.03.00           24,000 
 d)    Aggregated information 
       - Aggregated volume                      N/A (single transaction) 
       - Price                                  GBP24,720.00 
 e)    Date of the transaction                  27 April 2023 
 f)    Place of the transaction                 London Stock Exchange 
      ---------------------------------------  --------------------------------------------- 
 

Ends.

For further information please contact:

Kin Company Secretarial Limited, Company Secretary

+44 20 8819 6486

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END

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May 02, 2023 10:53 ET (14:53 GMT)

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