N4 PHARMA PLC

Director's Dealing • Nov 28, 2024

National Storage Mechanism | Additional information

RNS Number : 9339N

N4 Pharma PLC

28 November 2024

28 November 2024

N4 Pharma plc

("N4 Pharma" or the "Company")

Grant of Options

N4 Pharma Plc (AIM: N4P), the specialist pharmaceutical company developing Nuvec®, a novel delivery system for cancer treatments, gene therapy and vaccines, announces that, on 27 November 2024, the Board granted 15 million options (the "Options") over ordinary shares of 0.4p each in the Company to certain directors of N4 Pharma as follows:

Director		Number of options granted
Nigel Theobold (Chief Executive Officer)		6,000,000
Michael Palfreyman (Non-Executive Director)		3,000,000
Dr Chris Britten (Non-Executive Chairman)		3,000,000
Luke Cairns (Executive Director)		3,000,000

The Options have an exercise price of 0.75p and vest in three equal tranches on the first, second and third anniversaries from the date of grant.  The Options have a term of ten years from the date of grant.

The FCA notifications, made in accordance with the requirements of the Market Abuse Regulation, are appended below.

For more information please contact:

N4 Pharma plc Nigel Theobald, CEO Luke Cairns, Executive Director Engage with us directly at N4 Pharma Investor Hub	Via N4 Pharma Investor Hub Sign up at investors.n4pharma.com
SP Angel Corporate Finance LLP Nominated Adviser and Joint Broker Matthew Johnson/Caroline Rowe (Corporate Finance) Vadim Alexandre/Abigail Wayne/Rob Rees (Corporate Broking)	Tel: +44(0)20 3470 0470
Turner Pope Investments (TPI) Limited Joint Broker Andy Thacker James Pope	Tel: +44(0)20 3657 0050

About N4 Pharma

N4 Pharma is a specialist pharmaceutical company developing a novel delivery system for oncology, gene therapy and vaccines using its unique silica nanoparticle delivery system called Nuvec® and Liptide, a unique peptide/lipid delivery system via its subsidiary Nanogenics.

N4 Pharma's business model is to partner with companies developing products in these fields to use Nuvec® or Liptide® as the delivery vehicle for these products. As these products progress through pre‐clinical and clinical programs, N4 Pharma will seek to receive upfront payments, milestone payments and ultimately royalty payments once products reach the market.

For further information on the Company visit www.n4pharma.com or sign up at investors.n4pharma.com .

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

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Nigel Theobold

2

Reason for the notification

a)

Position/status

Chief Executive Officer

b)

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

N4 Pharma plc

b)

LEI

213800I841D2RKMFK955

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 the financial instrument, type of instrument

Identification code

Options over Ordinary Shares of 0.4p each  

Identification code (ISIN) for N4 Pharma plc ordinary shares: GB00BYW8QM32

b)

Nature of the transaction

Issue of options over ordinary shares of 0.4p each

c)

Price(s) and volume(s)

Price(s)	Volume(s)
0.75p exercise price	6,000,000

d)

Aggregated information

- Aggregated volume

- Price

n/a

e)

Date of the transaction

27 November 2024

f)

Place of the transaction

Outside a trading venue

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Michael Palfreyman

2

Reason for the notification

a)

Position/status

Non-Executive Director

b)

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

N4 Pharma plc

b)

LEI

213800I841D2RKMFK955

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 the financial instrument, type of instrument

Identification code

Options over Ordinary Shares of 0.4p each  

Identification code (ISIN) for N4 Pharma plc ordinary shares: GB00BYW8QM32

b)

Nature of the transaction

Issue of options over ordinary shares of 0.4p each

c)

Price(s) and volume(s)

Price(s)	Volume(s)
0.75p exercise price	3,000,000

d)

Aggregated information

- Aggregated volume

- Price

n/a

e)

Date of the transaction

27 November 2024

f)

Place of the transaction

Outside a trading venue

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Dr Chris Britten

2

Reason for the notification

a)

Position/status

Non-Executive Chairman

b)

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

N4 Pharma plc

b)

LEI

213800I841D2RKMFK955

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 the financial instrument, type of instrument

Identification code

Options over Ordinary Shares of 0.4p each  

Identification code (ISIN) for N4 Pharma plc ordinary shares: GB00BYW8QM32

b)

Nature of the transaction

Issue of options over ordinary shares of 0.4p each

c)

Price(s) and volume(s)

Price(s)	Volume(s)
0.75p exercise price	3,000,000

d)

Aggregated information

- Aggregated volume

- Price

n/a

e)

Date of the transaction

27 November 2024

f)

Place of the transaction

Outside a trading venue

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Luke Cairns

2

Reason for the notification

a)

Position/status

Executive Director

b)

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

N4 Pharma plc

b)

LEI

213800I841D2RKMFK955

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 the financial instrument, type of instrument

Identification code

Options over Ordinary Shares of 0.4p each  

Identification code (ISIN) for N4 Pharma plc ordinary shares: GB00BYW8QM32

b)

Nature of the transaction

Issue of options over ordinary shares of 0.4p each

c)

Price(s) and volume(s)

Price(s)	Volume(s)
0.75p exercise price	3,000,000

d)

Aggregated information

- Aggregated volume

- Price

n/a

e)

Date of the transaction

27 November 2024

f)

Place of the transaction

Outside a trading venue

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