Diurnal Group PLC Director Dealings and Issue of Equity (3577L)
December 24 2018 - 1:00AM
UK Regulatory
TIDMDNL
RNS Number : 3577L
Diurnal Group PLC
24 December 2018
24 December 2018
Diurnal Group plc
("Diurnal" or the "Company")
Director Dealings and Issue of equity
Diurnal Group plc (AIM: DNL), the specialty pharmaceutical
company targeting patient needs in chronic endocrine (hormonal)
diseases, announces the issue and allotment of 10,792 ordinary
shares of GBP0.05 ("New Ordinary Shares") to John Goddard,
Non-Executive Director of the Company.
As published in the Company's AIM Admission Document, on 21
December 2015, and in connection with his recruitment, John Goddard
was awarded 32,374 ordinary shares of GBP0.05 each for which Mr
Goddard will pay the nominal value for each share ("Conditional
Shares"). The award of Conditional Shares vested in thirds 18, 24
and 36 months from 24 December 2015, being the date of admission to
AIM. There are no other performance criteria and all Conditional
Shares have now vested.
John Goddard's interest in the Company is now as follows:
Name Position Total number of Conditional Shares Total number of ordinary shares now
now held held
------------------------
John Goddard Non-Executive Director Nil 53,993
------------------------ -------------------------------------
Application has been made for admission of the New Ordinary
Shares to trading on AIM, which is anticipated to occur at 8:00am
on 31 December 2018 ("Admission"). The New Ordinary Shares will
rank pari passu with the existing shares of common stock of the
Company. Following Admission, the Company's issued ordinary share
capital will consist of 61,710,858 ordinary shares. The Company
does not hold any shares in treasury. Therefore, the total number
of ordinary shares with voting rights in Diurnal following
Admission will be 61,710,858.
The above figure of 61,710,858 may be used by shareholders as
the denominator for the calculations by which they will determine
if they are required to notify their interest in, or a change to
their interest in the Company under the FCA's Disclosure Guidance
and Transparency Rules.
For further information, please visit www.diurnal.co.uk or contact:
+44 (0)20 3727
Diurnal Group plc 1000
Martin Whitaker, Chief Executive Officer
Richard Bungay, Chief Financial Officer
Panmure Gordon (UK) Limited (Nominated Adviser +44 (0) 20 7886
and Joint Broker) 2500
Corporate Finance: Freddy Crossley, Emma Earl
Corporate Broking: James Stearns
+44 (0)20 7894
Cantor Fitzgerald Europe (Joint Broker) 7000
Corporate Finance: Phil Davies, Will Goode,
Michael Boot
Healthcare Equity Sales: Andrew Keith
+44 (0)20 3727
FTI Consulting (Media and Investor Relations) 1000
Simon Conway
Victoria Foster Mitchell
About Diurnal Group plc
Founded in 2004, Diurnal is a UK-based specialty pharma company
developing high quality products for the global market for the
life-long treatment of chronic endocrine conditions, including
Congenital Adrenal Hyperplasia and Adrenal Insufficiency. Its
expertise and innovative research activities focus on
circadian-based endocrinology to yield novel product candidates in
the rare and chronic endocrine disease arena.
For further information about Diurnal, please visit
www.diurnal.co.uk
Notification and public disclosure of transactions by persons
discharging managerial responsibilities ("PDMRs") and persons
closely associated ("PCAs") with them.
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name John Goddard
------------------------------------- -----------------------------------------------
2 Reason for the notification
--------------------------------------------------------------------------------------
a) Position/status Non-Executive Director
------------------------------------- -----------------------------------------------
b) Initial notification Initial notification
/Amendment
------------------------------------- -----------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
--------------------------------------------------------------------------------------
a) Name Diurnal Group plc
------------------------------------- -----------------------------------------------
b) LEI 213800I2HNUNZN1LDH29
------------------------------------- -----------------------------------------------
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 Ordinary shares of 5p each
financial instrument,
type of instrument
Identification code GB00BDB6Q760
b) Nature of the transaction Exercise of options over ordinary shares
------------------------------------- -----------------------------------------------
c) Price(s) and volume(s)
---------------------- --------------------
Price(s) Volume(s)
---------------------- --------------------
GBP539.60 10,792
----------------------------------------------------------------- --------------------
d) Aggregated information
- Aggregated volume 10,792
- Price GBP0.05
e) Date of the transaction 24 December 2018
------------------------------------- -----------------------------------------------
f) Place of the transaction Off Market
------------------------------------- -----------------------------------------------
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
DSHLLFESFRLVFIT
(END) Dow Jones Newswires
December 24, 2018 02:00 ET (07:00 GMT)
Diurnal (LSE:DNL)
Historical Stock Chart
From Apr 2024 to May 2024
Diurnal (LSE:DNL)
Historical Stock Chart
From May 2023 to May 2024