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Verona Pharma plc Director's Dealing 2022

May 6, 2022

30667_dirs_2022-05-05_45a7af08-c6f3-40f6-9d74-ad5da3bc1c39.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Verona Pharma plc (VRNA)
CIK: 0001657312
Period of Report: 2022-05-03

Reporting Person: Hahn Mark W (Chief Financial Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2022-05-03 Ordinary Shares S 12512 $0.4956 Disposed 15381520 Direct

Footnotes

F1: Reported securities are represented by American Depositary Shares ("ADSs"), each of which represents eight (8) Ordinary Shares of the Issuer.

F2: The sale reported in the Form 4 was effected pursuant to a Rule 10b5-1 instruction solely with the intent to cover taxes in connection with the vesting of certain previously reported Restricted Share Units.

F3: The price reported represents the sale price of the ADSs divided by eight (8).

F4: Consists of (i) 8,191,744 Ordinary Shares underlying Restricted Share Units, each of which represents a contingent right to receive one (1) Ordinary Share of the Issuer (which are represented by 1,023,968 ADSs); and (ii) 7,189,776 Ordinary Shares underlying 898,722 ADSs.