OKYO Pharma Announces Purchase of Shares by Chairman

Summary by AI BETAClose X

OKYO Pharma announced that its Chairman, Gabriele Cerrone, through Panetta Partners Ltd, acquired 25,000 ordinary shares at $1.40 per share, increasing his total beneficial holding to 10,851,416 shares, representing 20.51% of the issued share capital. This purchase by a key insider could be viewed positively by the market, signaling confidence in the company's future prospects as it prepares to initiate a global Phase 3 pivotal clinical trial for urcosimod in the second half of the year, which will enroll approximately 111 patients.

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OKYO Pharma Announces Purchase of Shares by Chairman

LONDON and NEW YORK, July 21, 2026 (GLOBE NEWSWIRE) -- OKYO Pharma Limited (Nasdaq: OKYO), a clinical-stage biopharmaceutical company developing investigational therapies for the treatment of neuropathic corneal pain (NCP) and anterior segment eye diseases, today announced that its Chairman, Mr. Gabriele Cerrone, through Panetta Partners Ltd, an entity in which he has a beneficial interest, has increased his holdings with the purchase of 25,000 ordinary shares at $1.40 per share, bringing his total holding to 10,851,416 ordinary shares, which is 20.51% of issued share capital.

About OKYO Pharma

OKYO Pharma Limited (Nasdaq: OKYO) is a clinical-stage biopharmaceutical company developing innovative therapies for the treatment of neuropathic corneal pain (NCP) and anterior segment eye diseases, with ordinary shares listed for trading on the Nasdaq Capital Market. OKYO plans to initiate a global Phase 3 pivotal clinical trial in the second half of this year, enrolling approximately 111 patients to evaluate a single-dose regimen of urcosimod for the treatment of NCP.

For further information, please visit www.okyopharma.com.

For further inquiries:

OKYO Pharma Ltd
Paul Spencer
Business Development and Investor Relations
+44 (0) 207 495 2379
Email: info@okyopharma.com


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