TIDMNSCI

RNS Number : 1456T

NetScientific PLC

13 November 2023

NetScientific plc

("NetScientific" or the "Company")

Director/PDMR Shareholding

NetScientific Plc (AIM: NSCI), the deeptech and life sciences VC investment group, announces that today, Mr Ed Hooper (Executive Director) purchased 9,000 ordinary shares in the capital of NetScientific Plc ( " Ordinary Shares " ) through his Self-Invested Personal Pension.

Following such purchase, Ed Hooper is interested in 89,000 Ordinary Shares, representing 0.38 per cent. of the entire issued share capital of the Company.

The information below, set out in accordance with the requirements of the UK Market Abuse Regulation, provides further detail.

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 
      Details of the person discharging managerial responsibilities 
  1    / person closely associated 
 a)   Name                      Mr Edward Hooper 
     ------------------------  ----------------------------------------- 
      Reason for the notification 
  2 
     ------------------------------------------------------------------- 
 a)   Position/status           Director 
     ------------------------  ----------------------------------------- 
 b)   Initial notification      Initial Notification 
       /Amendment 
     ------------------------  ----------------------------------------- 
      Details of the issuer, emission allowance market participant, 
  3    auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------- 
 a)   Name                      NetScientific plc 
     ------------------------  ----------------------------------------- 
 b)   LEI                       213800N5WD46G1Y7I458 
     ------------------------  ----------------------------------------- 
      Details of the transaction(s): section to be repeated 
  4    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               NSCI 5p Ordinary Shares 
       of the financial 
       instrument, 
       type of instrument        GB00BN4R5Q82 
       Identification 
       code 
     ------------------------  ----------------------------------------- 
 b)   Nature of the             Purchase of Ordinary Shares into SIPP 
       transaction 
     ------------------------  ----------------------------------------- 
 c)   Price(s) and                Price(s)    Volume(s) 
       volume(s)                   GBP0.57     4,500 shares 
                                    GBP0.575    4,500 shares 
                                              -------------- 
     ------------------------  ----------------------------------------- 
 d)   Aggregated 
       information                 Price       Volume 
       - Aggregated                GBP0.5725   9,000 shares 
       volume                                 ------------- 
 
       - Price 
     ------------------------  ----------------------------------------- 
 e)   Date of the               9 November 2023 
       transaction 
     ------------------------  ----------------------------------------- 
 f)   Place of the              UK AIM 
       transaction 
     ------------------------  ----------------------------------------- 
 

# # #

For more information, please contact:

 
 NetScientific 
 Ilian Iliev, CEO                             Via Belvedere Communications 
 
 Panmure Gordon (UK) Limited (NOMAD and 
  Broker) 
 Emma Earl / Freddy Crossley / Mark Rogers 
  (Corporate Finance) 
  Rupert Dearden (Corporate Broking)          +44 (0)20 7886 2500 
 
 Belvedere Communications 
  John West / Llew Angus / Lily Pearce          +44 (0)20 7653 8702 
 

About NetScientific

NetScientific plc (AIM: NSCI) is a deeptech and life sciences VC investment group with an international portfolio of innovative companies.

NetScientific identifies, invests in, and builds high growth companies in the UK and internationally. The company adds value through the proactive management of its portfolio, progressing to key value inflection points, and delivering investment returns through partial or full liquidity events.

NetScientific differentiates itself by employing a capital-efficient investment approach, making judicial use of its balance sheet and syndicating investments through its wholly owned VC subsidiary, EMV Capital. The group secures a mixture of direct equity stakes and carried interest stakes in its portfolio of companies, creating a lean structure that can support a large portfolio.

NetScientific is headquartered in London, United Kingdom, and is admitted to trading on AIM, a market operated by the London Stock Exchange.

www.netscientific.net

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END

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