LONDON, Aug. 21, 2017 (GLOBE NEWSWIRE) -- Verona Pharma plc (AIM:VRP) (NASDAQ:VRNA) (“Verona Pharma”), a clinical-stage biopharmaceutical company focused on developing and commercializing innovative therapies for respiratory diseases, announces that, on August 17, 2017, Dr. David Ebsworth, Non-Executive Chairman of the Company, purchased 8,130 ordinary shares of 5 pence each in the Company (the “Ordinary Shares”) at a price of 122.5 pence per Ordinary Share. Following the acquisition, Dr. Ebsworth will have an interest in the Company of 125,787 Ordinary Shares, representing 0.12% of the Company’s issued share capital.
The notification of dealing form can be found below.
For further information, please contact:
| Verona Pharma plc | Tel: +44 (0)20 3283 4200 |
| Jan-Anders Karlsson, Chief Executive Officer | info@veronapharma.com |
| N+1 Singer (Nominated Adviser and UK Broker) | Tel: +44 (0)20 7496 3000 |
| Aubrey Powell / James White | |
| FTI Consulting (UK Media and Investor enquiries) | Tel: +44 (0)20 3727 1000 |
| Simon Conway / Natalie Garland-Collins | veronapharma@fticonsulting.com |
| ICR, Inc. (US Media and Investor enquiries) | |
| Darcie Robinson | Tel: +1 203-682-8379 Darcie.Robinson@icrinc.com |
| Stephanie Carrington | Tel. +1 646-277-1282 Stephanie.Carrington@icrinc.com |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | David Ebsworth | |
| 2 | Reason for the notification | ||
| a) | Position/status | Non-Executive Chairman | |
| b) | Initial notification/Amendment | Initial notification | |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
| a) | Name | Verona Pharma plc | |
| b) | LEI | 213800EVI6O6J3TIAL06 | |
| 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 | Ordinary Shares of 5 pence each | |
| Identification code | GB00BYW2KH80 | ||
| b) | Nature of the transaction | David Ebsworth purchased 8,130 Ordinary Shares | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| 122.5 pence per Ordinary Share | 8,130 Ordinary Shares | ||
| d) | Aggregated information | N/A | |
| - Aggregated volume | |||
| - Price | |||
| e) | Date of the transaction | 17 August 2017 | |
| f) | Place of the transaction | London Stock Exchange, AIM | |