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Diurnal Group PLC (DNL)

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Thursday 29 October, 2020

Diurnal Group PLC

Director Dealings

RNS Number : 6181D
Diurnal Group PLC
29 October 2020
 

29 October 2020

 

Diurnal Group plc

("Diurnal" or the "Company")

 

Director Dealings

 

Diurnal Group plc (AIM: DNL), the specialty pharmaceutical company targeting patient needs in chronic endocrine (hormonal) diseases, announces the following Directors' dealings as part of the Open Offer, the results of which were announced yesterday:

 

Martin Whitaker, Chief Executive Officer, subscribed for a total of 11,343 Ordinary Shares at 60 pence per share, including 938 shares to be held in pension schemes for the beneficial interest of his dependent children.

 

Richard Ross, Chief Scientific Officer subscribed for 3,668 Ordinary Shares at a price of 60 pence per Ordinary Share and his wife (Sarah Ross) subscribed for 4,749 Ordinary Shares at 60 pence per Ordinary Share.

 

Following the transactions and admission of the new ordinary shares to trading on AIM, the total beneficial interest of Martin Whitaker and his connected parties is 593,823 Ordinary Shares, representing 0.43% of the total voting rights and the total beneficial interest of Richard Ross and his connected parties is 2,221,093 Ordinary Shares, representing 1.61% of the total voting rights.

 

Details of the full notifications received by the Company are set out below:

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 Martin Whitaker and dependent children

2

 

Reason for the notification

 

a)

 

Position/status

 

Chief Executive Officer

b)

 

Initial notification /Amendment

 

Initial notification

3

 

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

 

a)

 

Name

 

Diurnal Group plc

b)

 

LEI

 

213800I2HNUNZN1LDH29

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 in Diurnal Group plc



Identification code

GB00BDB6Q760



b)

 

Nature of the transaction

 

Purchase of ordinary shares, including shares for the beneficial interest of his children

 

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




60p

11,343







d)

 

Aggregated information




- Aggregated volume

As above



- Price




e)

 

Date of the transaction

 

29 October 2020

f)

 

Place of the transaction

 

XLON

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 Richard Ross

2

 

Reason for the notification

 

a)

 

Position/status

 

Chief Scientific Officer

b)

 

Initial notification /Amendment

 

Initial notification

3

 

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

 

a)

 

Name

 

Diurnal Group plc

b)

 

LEI

 

213800I2HNUNZN1LDH29

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 in Diurnal Group plc



Identification code

GB00BDB6Q760



b)

 

Nature of the transaction

 

Purchase of ordinary shares

 

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




60p

3,668

 

 






d)

 

Aggregated information




- Aggregated volume

As above



- Price




e)

 

Date of the transaction

 

29 October 2020

f)

 

Place of the transaction

 

XLON

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 Sarah Ross

2

 

Reason for the notification

 

a)

 

Position/status

 

Closely associated person to an 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

 

Diurnal Group plc

b)

 

LEI

 

213800I2HNUNZN1LDH29

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 in Diurnal Group plc



Identification code

GB00BDB6Q760



b)

 

Nature of the transaction

 

Purchase of ordinary shares

 

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




60p

4,749







d)

 

Aggregated information




- Aggregated volume

As above



- Price




e)

 

Date of the transaction

 

29 October 2020

f)

 

Place of the transaction

 

XLON

 

 

For further information, please visit www.diurnal.co.uk or contact:



Diurnal Group plc

+44 (0)20 3727 1000

Martin Whitaker, Chief Executive Officer


Richard Bungay, Chief Financial Officer




Panmure Gordon (UK) Limited (Nominated Adviser and Sole Broker)

+44 (0)20 7886 2500

Corporate Finance: Freddy Crossley, Emma Earl


Corporate Broking: Rupert Dearden




FTI Consulting (Media and Investor Relations)

+44 (0)20 3727 1000

Simon Conway


Victoria Foster Mitchell


 

 

Notes to Editors

 

About Diurnal Group plc

Founded in 2004, Diurnal is a UK-headquartered, European specialty pharma company developing high quality products for the global market for the life-long treatment of chronic endocrine conditions, including congenital adrenal hyperplasia, adrenal insufficiency and hypogonadism. Its expertise and innovative research activities focus on circadian-based endocrinology to yield novel product candidates in the rare and chronic endocrine disease arena.

 

For further information about Diurnal, please visit www.diurnal.co.uk  

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