18 April 2018
NetScientific plc
Directors Dealing Notification
NetScientific plc (AIM:NSCI) (the “Company”), the transatlantic healthcare IP commercialisation group, announces that on 17 April 2018 it received notification that Sir Richard Sykes, Barry Wilson, and Steve Smith (the “Directors”), subscribed for New Ordinary Shares (the “Shares”) in the NetScientific Placing and Subscription (the “Placing”) at a price of 52.5 pence per Share, with the Shares admitted to trading on AIM on 17 April 2018.
The details of the Directors’ shareholdings in the Company following the Placing are as follows:
| No. of Ordinary Shares as at 28 March 2018
(date of announcement of conditional Placing) |
No. of New Ordinary Shares subscribed | No. of Ordinary Shares as at Admission | Percentage of enlarged share capital as at Admission | |
| Sir Richard Sykes | 62,500 | 30,952 | 93,452 | 0.12% |
| Barry Wilson | 36,358 | 30,952 | 67,310 | 0.09% |
| Professor Stephen Smith | – | 28,571 | 28,571 | 0.04% |
The total number of voting rights in NetScientific is 78,561,866.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
| 1 | Details of the person discharging managerial responsibility / person closely associated | |
|
a) |
Name |
Sir Richard Sykes |
| 2 | Reason for the notification | |
|
a) |
Position/status |
PDMR (Non-Executive Director – Chairman) |
|
b) |
Initial notification/amendment |
Initial notification |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
|
a) |
Name |
NetScientific plc |
|
b) |
LEI |
213800N5WD46G1Y7I458 |
| 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 |
Ordinary shares |
|
|
Identification code |
GB00B9F4MT28 |
||
|
b) |
Nature of transaction |
Participation in placing |
|
|
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
|
£0.525 per share |
30,952 |
||
|
d) |
Aggregated information |
||
|
Aggregated volume |
30,952 |
||
|
Price |
£0.525 per share |
||
|
e) |
Date of transaction |
17 April 2018 |
|
|
f) |
Place of transaction |
UK AIM |
|
| 1 | Details of the person discharging managerial responsibility / person closely associated | |
|
a) |
Name |
Barry Wilson |
| 2 | Reason for the notification | |
|
a) |
Position/status |
PDMR (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 |
NetScientific plc |
|
b) |
LEI |
213800N5WD46G1Y7I458 |
| 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 |
Ordinary shares |
|
|
Identification code |
GB00B9F4MT28 |
||
|
b) |
Nature of transaction |
Participation in placing |
|
|
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
|
£0.525 per share |
30,952 |
||
|
d) |
Aggregated information |
||
|
Aggregated volume |
30,952 |
||
|
Price |
£0.525 per share |
||
|
e) |
Date of transaction |
17 April 2018 |
|
|
f) |
Place of transaction |
UK AIM |
|
| 1 | Details of the person discharging managerial responsibility / person closely associated | |
|
a) |
Name |
Steve Smith |
| 2 | Reason for the notification | |
|
a) |
Position/status |
PDMR (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 |
NetScientific plc |
|
b) |
LEI |
213800N5WD46G1Y7I458 |
| 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 |
Ordinary shares |
|
|
Identification code |
GB00B9F4MT28 |
||
|
b) |
Nature of transaction |
Participation in placing |
|
|
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
|
£0.525 per share |
28,571 |
||
|
d) |
Aggregated information |
||
|
Aggregated volume |
28,571 |
||
|
Price |
£0.525 per share |
||
|
e) |
Date of transaction |
17 April 2018 |
|
|
f) |
Place of transaction |
UK AIM |
|
For more information, please contact:
| NetScientific plc
François R. Martelet, M.D., CEO Ian Postlethwaite, CFO |
Tel: +44 (0)20 3514 1800 |
| Consilium Strategic Communications
Mary-Jane Elliott/Jessica Hodgson Chris Welsh/Laura Thornton |
Tel: +44 (0)20 3709 5700
netscientific@consilium-comms.com |
| Stifel Nicolaus Europe Limited (NOMAD and Bookrunner)
Jonathan Senior/David Arch/Ben Maddison |
Tel: +44 (0) 20 7710 7600 |
| Liberum Capital Limited (Placing Agent)
David Parsons/Christopher Britton/Bidhi Bhoma/Euan Brown |
Tel: +44 (0)20 3709 5700 |