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AVECHO BIOTECHNOLOGY LIMITED — Director's Dealing 2015
May 13, 2015
64468_rns_2015-05-13_4e009fa5-d88b-4f4e-af95-949301fde4f9.pdf
Director's Dealing
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14 May 2015
ASX Limited MARKET ANNOUNCEMENT
Phosphagenics Limited
Appendix 3Z Notice (Final Director’s Interest Notice)
Attached for release to the market is an Appendix 3Z Notice for Mr L Gozlan.
END RELEASE
About Phosphagenics
animal health sectors, using its proprietary drug delivery system called TPMPhosphagenics Limited is a drug delivery company that is commercialising various products within the pharmaceutical, cosmetics and ® (Targeted Penetration Matrix). TPM® is a patient friendly and cost effective system, based on Vitamin E, that enhances the topical or transdermal delivery of active molecules. The lead products advancing through clinical trials are oxymorphone and oxycodone patches for the relief of chronic pain. END RELEASE
Phosphagenics' shares are listed on the Australian Securities Exchange (POH) and its ADR – Level 1 program in the US is with The Bank of New York Mellon (PPGNY).
Inherent Risks of Investment in Biotechnology Companies
There are a number of inherent risks associated with the development of pharmaceutical products to a marketable stage. The lengthy clinical trial process is designed to assess the safety and efficacy of a drug prior to commercialisation and a significant proportion of drugs fail one or both of these criteria. Other risks include uncertainty of patent protection and proprietary rights, whether patent applications and issued patents will offer adequate protection to enable product development, the obtaining of necessary drug regulatory authority approvals and difficulties caused by the rapid advancements in technology.
Forward‐looking Statements
Certain statements in this announcement may contain forward‐looking statements regarding Company business and the therapeutic and commercial potential of its technologies and products in development. Any statement describing Company goals, expectations, intentions or beliefs is a forward‐looking statement and should be considered an at‐risk statement. Such statements are subject to certain risks and uncertainties, particularly those risks or uncertainties inherent in the process of developing technology and in the process of discovering, developing and commercialising drugs that can be proven to be safe and effective for use as human therapeutics, and in the endeavour of building a business around such products and services.
Phosphagenics Limited
ACN 056 482 403 ABN 32 056 482 403
11 Duerdin Street, Clayton VIC 3168 PO Box 1415, Clayton South MDC VIC 3169 Australia Tel: +61 (0)3 9565 1119 Fax: +61 (0)3 9565 1151 www.phosphagenics.com Email: [email protected]
Appendix 3Z Final Director’s Interest Notice
Rule 3.19A.3
Appendix 3Z
Final Director’s Interest Notice
Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.
Introduced 30/9/2001.
Name of entity PHOSPHAGENICS LIMITED ABN 32 056 482 403
We (the entity) give ASX the following information under listing rule 3.19A.3 and as agent for the director for the purposes of section 205G of the Corporations Act.
Name of director GOZLAN, Lawrence
Date of last notice 30 May 2014 (Appendix 3Y)
Date that director ceased to be director 12 May 2015
Part 1 – Director’s relevant interests in securities of which the director is the registered holder
In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust
Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.
Number & class of securities
Non quoted options
The interest/entitlement of the operation for Mr Gozlan registered in the name of Montoya Pty Ltd, Trustee for Buttercup Trust – a trust in which he may be a beneficiary
- See chapter 19 for defined terms.
Appendix 3Z Page 1
11/3/2002
Appendix 3Z Final Director’s Interest Notice
Part 2 – Director’s relevant interests in securities of which the director is not the registered holder
Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.
In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust
| Name of holder & nature of interest | Number & class of securities |
|---|---|
| Note: Provide details of the circumstances giving | |
| rise to the relevant interest |
Part 3 – Director’s interests in contracts
Detail of contract Nature of interest Name of registered holder (if issued securities) No. and class of securities to which interest relates
p/asx/3z/lg 14 05 15
- See chapter 19 for defined terms.
Appendix 3Z Page 2
11/3/2002