TIDMNSCI

RNS Number : 3812L

NetScientific PLC

18 April 2018

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           No. of New          No. of Ordinary  Percentage 
                     Shares as at 28           Ordinary            Shares as        of enlarged 
                     March 2018                Shares subscribed   at Admission     share capital 
                     (date of announcement                                          as at Admission 
                     of conditional Placing) 
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 
 
 
 
         Description of the financial     Ordinary shares 
         instrument, type of 
         instrument 
 
a)       Identification code              GB00B9F4MT28 
 
  b)     Nature of transaction            Participation in placing 
 
                                          Price(s)          Volume(s) 
 
                                          GBP0.525 per 
c)     Price(s) and volume(s)             share             30,952 
 
   Aggregated information 
 
   Aggregated volume                30,952 
 
d)       Price                            GBP0.525 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 
 
 
 
         Description of the financial       Ordinary shares 
         instrument, type of instrument 
 
a)       Identification code                GB00B9F4MT28 
 
  b)     Nature of transaction              Participation in placing 
 
                                            Price(s)          Volume(s) 
 
                                            GBP0.525 per 
c)     Price(s) and volume(s)               share             30,952 
 
   Aggregated information 
 
   Aggregated volume                  30,952 
 
d)       Price                              GBP0.525 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 
 
 
 
         Description of the financial     Ordinary shares 
         instrument, type of 
         instrument 
 
a)       Identification code              GB00B9F4MT28 
 
  b)     Nature of transaction            Participation in placing 
 
                                          Price(s)          Volume(s) 
 
                                          GBP0.525 per 
c)     Price(s) and volume(s)             share             28,571 
 
   Aggregated information 
 
   Aggregated volume                28,571 
 
d)       Price                            GBP0.525 per share 
 
  e)     Date of transaction              17 April 2018 
 
  f)     Place of transaction             UK AIM 
 

For more information, please contact:

 
 NetScientific plc                                    Tel: +44 (0)20 3514 1800 
  François R. Martelet, M.D., CEO 
  Ian Postlethwaite, CFO 
 Consilium Strategic Communications                   Tel: +44 (0)20 3709 5700 
  Mary-Jane Elliott/Jessica Hodgson          netscientific@consilium-comms.com 
  Chris Welsh/Laura Thornton 
 Stifel Nicolaus Europe Limited (NOMAD               Tel: +44 (0) 20 7710 7600 
  and Bookrunner) 
  Jonathan Senior/David Arch/Ben Maddison 
 Liberum Capital Limited (Placing Agent)              Tel: +44 (0)20 3709 5700 
  David Parsons/Christopher Britton/Bidhi 
  Bhoma/Euan Brown 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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