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Mereo BioPharma Grp (MPH)

Mereo BioPharma Grp

Director/PDMR Shareholding
RNS Number : 0440A
Mereo BioPharma Group plc
23 May 2019
 

 

Mereo BioPharma Group plc

 

 ("Mereo" or the "Company")

 

Notification of PDMR and Director Dealing

 

 

London, May 23, 2019 - Mereo BioPharma Group plc (AIM: MPH, NASDAQ: MREO), a clinical stage UK based biopharmaceutical company focused on rare diseases, received notification that on May 21, 2019, Peter Bains, Director of Mereo, purchased 47,500 ordinary shares at a price of GBP0.90 per share. Peter also purchased 778 American Depositary Shares (ADSs) at a price of USD4.92 per share.

 

In addition, on May 22, 2019, John Richard, Head of Corporate Development at Mereo, purchased 3000 ADSs at a price of USD4.90 per share.

 

The below announcement and notification is made in accordance with the EU Market Abuse Regulation. The form required under the EU Market Abuse Regulation follows.

 

1

Details of the person discharging managerial responsibilities

a)

Name

Peter Bains

2

Reason for the notification

a)

Position/status

Director

b)

Initial notification/ Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Mereo BioPharma Group plc

b)

LEI

213800U8JQHIJOS5AS09

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 and identification code

MEREO BIOPHARMA GROUP PLC ORDINARY SHARES OF £0.003 EACH

b)

Nature of the transaction

PURCHASE

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

GBP0.90

47,500

 

 

d)

Aggregated information:  volume, Price

Aggregated volume: 47,500

Aggregated price: GBP0.90

e)

Date of the transaction

2019-05-21

f)

Place of the transaction

AIMX

 

1

Details of the person discharging managerial responsibilities

a)

Name

Peter Bains

2

Reason for the notification

a)

Position/status

Director

b)

Initial notification/ Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Mereo BioPharma Group plc

b)

LEI

213800U8JQHIJOS5AS09

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 and identification code

AMERICAN DEPOSITARY SHARE (ADS) EACH REPRESENTING 5 MEREO BIOPHARMA GROUP PLC ORDINARY SHARES OF GBP0.003 EACH

b)

Nature of the transaction

PURCHASE of ADS

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

USD4.92

778

 

 

d)

Aggregated information:  volume, Price

Aggregated volume: 778

Aggregated price: USD4.92

e)

Date of the transaction

2019-05-21

f)

Place of the transaction

XNMS

 

 

 

1

Details of the person discharging managerial responsibilities

a)

Name

John Richard

2

Reason for the notification

a)

Position/status

Head of Corporate Development

b)

Initial notification/ Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Mereo BioPharma Group plc

b)

LEI

213800U8JQHIJOS5AS09

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 and identification code

AMERICAN DEPOSITARY SHARE (ADS) EACH REPRESENTING 5 MEREO BIOPHARMA GROUP PLC ORDINARY SHARES OF GBP0.003 EACH

b)

Nature of the transaction

PURCHASE of ADS

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

USD4.90

3000

 

 

d)

Aggregated information:  volume, Price

Aggregated volume: 3000

Aggregated price: USD4.903

e)

Date of the transaction

2019-05-22

f)

Place of the transaction

XNMS

 


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
 
 
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Data provided by FE fundinfo. Care has been taken to ensure that the information is correct, but FE fundinfo neither warrants, represents nor guarantees the contents of information, nor does it accept any responsibility for errors, inaccuracies, omissions or any inconsistencies herein. Past performance does not predict future performance, it should not be the main or sole reason for making an investment decision. The value of investments and any income from them can fall as well as rise.

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