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Mereo BioPharma Grp (MPH)

Mereo BioPharma Grp

Director/PDMR Shareholding
RNS Number : 4347U
Mereo BioPharma Group plc
22 November 2019
 

Mereo BioPharma Group plc

 

 ("Mereo" or the "Company")

 

Notification of Director and PDMR Dealings

London, November 22, 2019 - Mereo BioPharma Group plc (AIM: MPH, NASDAQ: MREO), a clinical stage UK based biopharmaceutical company focused on rare diseases, received notification that on November 22, 2019, Anders Ekblom, non-executive Director of Mereo, purchased 10000 American Depositary Shares (ADS) at a price of USD2.54 per ADS.

On October 04, 2019, Alastair Mackinnon, Chief Medical Officer of Mereo, purchased 15169 Ordinary Shares at a price of GBP0.59 per share. On the same day, Alastair also purchased 365 American Depositary Shares (ADS) at a price of USD3.29 per ADS.

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

Anders Ekblom

2

Reason for the notification

a)

Position/status

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

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 SHARES (ADS) EACH REPRESENTING 5 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)

USD2.54

10000

 

 

d)

Aggregated information: volume, Price

Aggregated volume: 10000

Aggregated price: USD2.54

e)

Date of the transaction

2019-11-22

f)

Place of the transaction

XNMS

 

 

1

Details of the person discharging managerial responsibilities

a)

Name

Alastair Mackinnon

2

Reason for the notification

a)

Position/status

Chief Medical Officer

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

 

b)

Nature of the transaction

PURCHASE

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

GBP0.59

15169

 

 

d)

Aggregated information: volume, Price

Aggregated volume: 15169

Aggregated price: GBP0.592

e)

Date of the transaction

2019-10-04

f)

Place of the transaction

AIMX

 

 

1

Details of the person discharging managerial responsibilities

a)

Name

Alastair Mackinnon

2

Reason for the notification

a)

Position/status

Chief Medical Officer

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

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

USD3.29

365

 

 

d)

Aggregated information: volume, Price

Aggregated volume: 365

Aggregated price: USD3.29

e)

Date of the transaction

2019-10-04

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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