Director's Dealing • Jun 26, 2023
Director's Dealing
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RNS Number : 8856D
Roquefort Therapeutics PLC
26 June 2023
26 June 2023
Roquefort Therapeutics plc
("Roquefort Therapeutics" or the "Company")
Director/PDMR Shareholding
Roquefort Therapeutics (LSE:ROQ, OTCQB:ROQAF), the Main Market listed biotech company focused on developing first in class drugs in the high value and high growth oncology segment, advises that Ajan Reginald, Chief Executive Officer has purchased ordinary shares in the Company, as detailed below:
| Number of Ordinary Shares | Average Price Paid Per Share | Total Consideration Paid |
| 35,265 | 7.06 pence | £2,489.27 |
Following the above purchase of shares, Ajan Reginald holds an interest in 11,663,051 Company ordinary shares.
-ENDS-
| Roquefort Therapeutics plc | |
| Stephen West (Chairman) / Ajan Reginald (CEO) | +44 (0)20 3918 8633 |
| Hybridan LLP (Joint Broker) Claire Louise Noyce Optiva Securities Limited (Joint Broker) |
+44 (0)203 764 2341 |
| Christian Dennis Buchanan (Public Relations) Ben Romney / Jamie Hooper / George Beale |
+44 (0)20 3411 1881 +44 (0)20 7466 5000 |
LEI: 254900P4SISIWOR9RH34
About Roquefort Therapeutics
Roquefort Therapeutics (LSE:ROQ, OTCQB:ROQAF) is a Main Market listed biotech company developing first in class drugs in the high value and high growth oncology segment prior to partnering or selling to big pharma.
Since listing in March 2021, Roquefort Therapeutics has successfully acquired Lyramid Pty Limited, a leader in the development of medicines for a new therapeutic target, Midkine (a human growth factor associated with cancer progression), and most recently acquired Oncogeni Ltd, founded by Nobel Laureate Professor Sir Martin Evans, which has developed two families of innovative cell and RNA oncology medicines.
Roquefort Therapeutics' portfolio consists of five fully funded, novel patent-protected pre-clinical anti-cancer medicines. The highly complementary profile of five best-in-class medicines consists of:
· Midkine antibodies with significant in vivo efficacy and toxicology studies;
· Midkine RNA therapeutics with novel anti-cancer gene editing action;
· Midkine mRNA therapeutics with novel anti-cancer approach;
· STAT-6 siRNA therapeutics targeting solid tumours with significant in vivo efficacy; and
· MK cell therapy with direct and NK-mediated anti-cancer action
For further information on Roquefort Therapeutics, please visit www.roquefortplc.com and @RoquefortTherap on Twitter.
This announcement contains inside information for the purposes of Article 7 of the UK version of Market Regulation (EU) No 596/2014 on Market Abuse as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018, as amended ("UK MAR").
The notification below, made in accordance with the requirements of the UK MAR, provides further detail:
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 | Trevor Ajanthan Reginald | |
| 2 | Reason for the notification | ||
| a) | Position/status | Chief Executive Officer | |
| b) | Initial notification /Amendment | Initial | |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
| a) | Name | Roquefort Therapeutics plc | |
| b) | LEI | 254900P4SISIWOR9RH34 | |
| 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 |
Ordinary shares of £0.01 par value ISIN: GB00BMDQ2T15 |
|
| b) | Nature of the transaction | Purchase of 35,265 ordinary shares | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| 7.08 pence per share 7.08 pence per share 6.94 pence per share 6.91 pence per share |
28,715 2,600 2,600 1,350 |
||
| d | Aggregated information - Aggregated volume - Price |
- 35,265 - 7.06p |
|
| e) | Date of the transactions | 23 June 2023 (33,915 shares) and 26 June 2023 (1,350 shares) | |
| f) | Place of the transactions | 28,715 purchased off-market 6,550 purchased on London Stock Exchange (XLON); Main Market |
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