TIDMMXC

RNS Number : 3970Z

MGC Pharmaceuticals Limited

11 January 2024

MGC Pharmaceuticals Ltd.

PDMR Notification

11 January 2024

ASX, LSE: MXC

MGC Pharmaceuticals Ltd ('MGC Pharma' or 'the Company') wishes to advise that the following Persons Discharging Managerial Responsibilities (PDMR) have dealt with shares in MGC Pharma, and this notification is made in accordance the UK Market Abuse Regulations.

The shares subject of this notice were issued to the PDMR's as part of their working contracts and as consideration for services rendered in lieu of cash payments

 
 1     Details of the person discharging managerial responsibilities/person 
        closely associated 
 (a)   Name                                    Amir Polak 
      --------------------------------------  -------------------------------------------- 
 2     Reason for the notification 
      ------------------------------------------------------------------------------------ 
 (a)   Position                                Chief Pharmaceutical Development 
                                                Officer 
      --------------------------------------  -------------------------------------------- 
 (b)   Initial notification/amendment          Initial 
      --------------------------------------  -------------------------------------------- 
 (c)   If amendment: reason                    n/a 
      --------------------------------------  -------------------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ------------------------------------------------------------------------------------ 
       Full name of entity                     MGC Pharmaceuticals Limited 
      --------------------------------------  -------------------------------------------- 
       Legal Entity Identifier                 213800HRE3FQJ6RK4H10 
        Code 
      --------------------------------------  -------------------------------------------- 
 4     Details of the transaction(s): section to be repeated 
        for (i) each type of instrument; (ii) each type of transaction; 
        (iii) each date; (iv) each place where transactions 
        have been conducted 
      ------------------------------------------------------------------------------------ 
 (a)   Description of the financial            Fully Paid Ordinary Shares 
        instrument, type of 
        instrument 
      --------------------------------------  -------------------------------------------- 
 (b)   Identification Code                     AU000000MXC6 
        (ISIN) 
      --------------------------------------  -------------------------------------------- 
 (c)   Nature of transaction                   Shares issued as part of their 
                                                working contracts and as consideration 
                                                for services rendered in lieu 
                                                of cash payments 
      --------------------------------------  -------------------------------------------- 
 (d)       Currency              Price               Volume                 Total 
      -----------------  ---------------------  ----------------  ------------------------ 
             AUD                 A$0.55              600,000              A$330,000 
      -----------------  ---------------------  ----------------  ------------------------ 
                                     Aggregated information 
      ------------------------------------------------------------------------------------ 
             AUD                 A$0.55              600,000              A$330,000 
      -----------------  ---------------------  ----------------  ------------------------ 
 (e)   Date of transaction                     10 January 2024 
      --------------------------------------  -------------------------------------------- 
 (f)   Place of transaction                    Outside a trading venue 
      --------------------------------------  -------------------------------------------- 
 
 
 
 1     Details of the person discharging managerial responsibilities/person 
        closely associated 
 (a)   Name                                    Sabina Suljakovic 
      --------------------------------------  -------------------------------------------- 
 2     Reason for the notification 
      ------------------------------------------------------------------------------------ 
 (a)   Position                                Vice President of Global Quality 
      --------------------------------------  -------------------------------------------- 
 (b)   Initial notification/amendment          Initial 
      --------------------------------------  -------------------------------------------- 
 (c)   If amendment: reason                    n/a 
      --------------------------------------  -------------------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ------------------------------------------------------------------------------------ 
       Full name of entity                     MGC Pharmaceuticals Limited 
      --------------------------------------  -------------------------------------------- 
       Legal Entity Identifier                 213800HRE3FQJ6RK4H10 
        Code 
      --------------------------------------  -------------------------------------------- 
 4     Details of the transaction(s): section to be repeated 
        for (i) each type of instrument; (ii) each type of transaction; 
        (iii) each date; (iv) each place where transactions 
        have been conducted 
      ------------------------------------------------------------------------------------ 
 (a)   Description of the financial            Fully Paid Ordinary Shares 
        instrument, type of 
        instrument 
      --------------------------------------  -------------------------------------------- 
 (b)   Identification Code                     AU000000MXC6 
        (ISIN) 
      --------------------------------------  -------------------------------------------- 
 (c)   Nature of transaction                   Shares issued as part of their 
                                                working contracts and as consideration 
                                                for services rendered in lieu 
                                                of cash payments 
      --------------------------------------  -------------------------------------------- 
 (d)       Currency              Price               Volume                 Total 
      -----------------  ---------------------  ----------------  ------------------------ 
            AUD                  A$0.55              17,000                A$9,350 
      -----------------  ---------------------  ----------------  ------------------------ 
                                     Aggregated information 
      ------------------------------------------------------------------------------------ 
             AUD                 A$0.55              17,000                A$9,350 
      -----------------  ---------------------  ----------------  ------------------------ 
 (e)   Date of transaction                     10 January 2024 
      --------------------------------------  -------------------------------------------- 
 (f)   Place of transaction                    Outside a trading venue 
      --------------------------------------  -------------------------------------------- 
 
 
 
 1     Details of the person discharging managerial responsibilities/person 
        closely associated 
 (a)   Name                                    Yair Tal 
      --------------------------------------  -------------------------------------------- 
 2     Reason for the notification 
      ------------------------------------------------------------------------------------ 
 (a)   Position                                Chief Information Security Officer 
      --------------------------------------  -------------------------------------------- 
 (b)   Initial notification/amendment          Initial 
      --------------------------------------  -------------------------------------------- 
 (c)   If amendment: reason                    n/a 
      --------------------------------------  -------------------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ------------------------------------------------------------------------------------ 
       Full name of entity                     MGC Pharmaceuticals Limited 
      --------------------------------------  -------------------------------------------- 
       Legal Entity Identifier                 213800HRE3FQJ6RK4H10 
        Code 
      --------------------------------------  -------------------------------------------- 
 4     Details of the transaction(s): section to be repeated 
        for (i) each type of instrument; (ii) each type of transaction; 
        (iii) each date; (iv) each place where transactions 
        have been conducted 
      ------------------------------------------------------------------------------------ 
 (a)   Description of the financial            Fully Paid Ordinary Shares 
        instrument, type of 
        instrument 
      --------------------------------------  -------------------------------------------- 
 (b)   Identification Code                     AU000000MXC6 
        (ISIN) 
      --------------------------------------  -------------------------------------------- 
 (c)   Nature of transaction                   Shares issued as part of their 
                                                working contracts and as consideration 
                                                for services rendered in lieu 
                                                of cash payments 
      --------------------------------------  -------------------------------------------- 
 (d)       Currency              Price               Volume                 Total 
      -----------------  ---------------------  ----------------  ------------------------ 
            AUD                  A$0.55              300,000              A$165,000 
      -----------------  ---------------------  ----------------  ------------------------ 
                                     Aggregated information 
      ------------------------------------------------------------------------------------ 
             AUD                 A$0.55              300,000              A$165,000 
      -----------------  ---------------------  ----------------  ------------------------ 
 (e)   Date of transaction                     10 January 2024 
      --------------------------------------  -------------------------------------------- 
 (f)   Place of transaction                    Outside a trading venue 
      --------------------------------------  -------------------------------------------- 
 
 
 
 1     Details of the person discharging managerial responsibilities/person 
        closely associated 
 (a)   Name                                    Yifat Steuer 
      --------------------------------------  -------------------------------------------- 
 2     Reason for the notification 
      ------------------------------------------------------------------------------------ 
 (a)   Position                                Chief Operating Officer and Deputy 
                                                CEO 
      --------------------------------------  -------------------------------------------- 
 (b)   Initial notification/amendment          Initial 
      --------------------------------------  -------------------------------------------- 
 (c)   If amendment: reason                    n/a 
      --------------------------------------  -------------------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ------------------------------------------------------------------------------------ 
       Full name of entity                     MGC Pharmaceuticals Limited 
      --------------------------------------  -------------------------------------------- 
       Legal Entity Identifier                 213800HRE3FQJ6RK4H10 
        Code 
      --------------------------------------  -------------------------------------------- 
 4     Details of the transaction(s): section to be repeated 
        for (i) each type of instrument; (ii) each type of transaction; 
        (iii) each date; (iv) each place where transactions 
        have been conducted 
      ------------------------------------------------------------------------------------ 
 (a)   Description of the financial            Fully Paid Ordinary Shares 
        instrument, type of 
        instrument 
      --------------------------------------  -------------------------------------------- 
 (b)   Identification Code                     AU000000MXC6 
        (ISIN) 
      --------------------------------------  -------------------------------------------- 
 (c)   Nature of transaction                   Shares issued as part of their 
                                                working contracts and as consideration 
                                                for services rendered in lieu 
                                                of cash payments 
      --------------------------------------  -------------------------------------------- 
 (d)        Currency               Price             Volume                 Total 
      --------------------  ------------------  ----------------  ------------------------ 
              AUD                 A$0.55            1,100,000             A$605,000 
      --------------------  ------------------  ----------------  ------------------------ 
                                     Aggregated information 
      ------------------------------------------------------------------------------------ 
               AUD                A$0.55            1,100,000             A$605,000 
      --------------------  ------------------  ----------------  ------------------------ 
 (e)   Date of transaction                     10 January 2024 
      --------------------------------------  -------------------------------------------- 
 (f)   Place of transaction                    Outside a trading venue 
      --------------------------------------  -------------------------------------------- 
 
 
 
 1     Details of the person discharging managerial responsibilities/person 
        closely associated 
 (a)   Name                                    Rowan Harland 
      --------------------------------------  -------------------------------------------- 
 2     Reason for the notification 
      ------------------------------------------------------------------------------------ 
 (a)   Position                                Company Secretary 
      --------------------------------------  -------------------------------------------- 
 (b)   Initial notification/amendment          Initial 
      --------------------------------------  -------------------------------------------- 
 (c)   If amendment: reason                    n/a 
      --------------------------------------  -------------------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ------------------------------------------------------------------------------------ 
       Full name of entity                     MGC Pharmaceuticals Limited 
      --------------------------------------  -------------------------------------------- 
       Legal Entity Identifier                 213800HRE3FQJ6RK4H10 
        Code 
      --------------------------------------  -------------------------------------------- 
 4     Details of the transaction(s): section to be repeated 
        for (i) each type of instrument; (ii) each type of transaction; 
        (iii) each date; (iv) each place where transactions 
        have been conducted 
      ------------------------------------------------------------------------------------ 
 (a)   Description of the financial            Fully Paid Ordinary Shares 
        instrument, type of 
        instrument 
      --------------------------------------  -------------------------------------------- 
 (b)   Identification Code                     AU000000MXC6 
        (ISIN) 
      --------------------------------------  -------------------------------------------- 
 (c)   Nature of transaction                   Shares issued as part of their 
                                                working contracts and as consideration 
                                                for services rendered in lieu 
                                                of cash payments 
      --------------------------------------  -------------------------------------------- 
 (d)        Currency               Price             Volume                 Total 
      --------------------  ------------------  ----------------  ------------------------ 
              AUD                 A$0.55              7,000                A$3,850 
      --------------------  ------------------  ----------------  ------------------------ 
                                     Aggregated information 
      ------------------------------------------------------------------------------------ 
               AUD                A$0.55              7,000                A$3,850 
      --------------------  ------------------  ----------------  ------------------------ 
 (e)   Date of transaction                     10 January 2024 
      --------------------------------------  -------------------------------------------- 
 (f)   Place of transaction                    Outside a trading venue 
      --------------------------------------  -------------------------------------------- 
 
 
 
 1     Details of the person discharging managerial responsibilities/person 
        closely associated 
 (a)   Name                                    Ana Arhar Oblak 
      --------------------------------------  -------------------------------------------- 
 2     Reason for the notification 
      ------------------------------------------------------------------------------------ 
 (a)   Position                                Group Financial Controller 
      --------------------------------------  -------------------------------------------- 
 (b)   Initial notification/amendment          Initial 
      --------------------------------------  -------------------------------------------- 
 (c)   If amendment: reason                    n/a 
      --------------------------------------  -------------------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ------------------------------------------------------------------------------------ 
       Full name of entity                     MGC Pharmaceuticals Limited 
      --------------------------------------  -------------------------------------------- 
       Legal Entity Identifier                 213800HRE3FQJ6RK4H10 
        Code 
      --------------------------------------  -------------------------------------------- 
 4     Details of the transaction(s): section to be repeated 
        for (i) each type of instrument; (ii) each type of transaction; 
        (iii) each date; (iv) each place where transactions 
        have been conducted 
      ------------------------------------------------------------------------------------ 
 (a)   Description of the financial            Fully Paid Ordinary Shares 
        instrument, type of 
        instrument 
      --------------------------------------  -------------------------------------------- 
 (b)   Identification Code                     AU000000MXC6 
        (ISIN) 
      --------------------------------------  -------------------------------------------- 
 (c)   Nature of transaction                   Shares issued as part of their 
                                                working contracts and as consideration 
                                                for services rendered in lieu 
                                                of cash payments 
      --------------------------------------  -------------------------------------------- 
 (d)        Currency               Price             Volume                 Total 
      --------------------  ------------------  ----------------  ------------------------ 
              AUD                 A$0.55             10,000                A$5,500 
      --------------------  ------------------  ----------------  ------------------------ 
                                     Aggregated information 
      ------------------------------------------------------------------------------------ 
               AUD                A$0.55             10,000                A$5,500 
      --------------------  ------------------  ----------------  ------------------------ 
 (e)   Date of transaction                     10 January 2024 
      --------------------------------------  -------------------------------------------- 
 (f)   Place of transaction                    Outside a trading venue 
      --------------------------------------  -------------------------------------------- 
 
 

-Ends-

Authorised for release by the Managing Director, for further information please contact:

 
 MGC Pharmaceuticals Ltd            MGC Pharmaceuticals Ltd 
  Roby Zomer                         Rowan Harland 
  CEO & Managing Director            Company Secretary 
  +61 8 6555 2950                    +61 8 6555 2950 
  info@mgcpharma.co.uk               info@mgcpharma.co.uk 
 UK IR/PR Advisers                  UK Brokers 
  IFC Advisory                       Oberon Capital 
  Graham Herring / Tim Metcalfe /    Aimee McCusker / Adam Pollock 
  Zach Cohen                         +44 203 179 5300 
  +44 203 934 6630                   aimeemccusker@oberoninvestments.com 
  mgcpharma@investor-focus.co.uk     adampollock@oberoninvestments.com 
 

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END

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