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Shield Therapeutics (STX)

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Monday 23 August, 2021

Shield Therapeutics

PDMR Transaction Notification

RNS Number : 3846J
Shield Therapeutics PLC
23 August 2021
 

 

 

Shield Therapeutics plc

("Shield Therapeutics" or the "Company")

 

PDMR Transaction Notification

 

London, UK, 23 August 2021:   Shield Therapeutics plc (LSE:STX), a commercial stage pharmaceutical company with a focus on addressing iron deficiency with its lead product Feraccru®/Accrufer® (ferric maltol), announces that Mr Anders Lundstrom, Non-Executive Director, acquired 10,000 Ordinary Shares in the Company on 20 August 2021 at an average price of $0.61 per share. Following the transaction, Mr Lundstrom has a beneficial interest in 10,000 shares.

 

The notification below, which has been made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them:

 

1. 

Details of the person discharging managerial responsibilities / person closely associated

a. 

Name

Anders Lundstrom

2. 

Reason for the notification

a. 

Position/status

Non-Executive Director

b. 

Initial notification

/Amendment

Initial

3. 

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

a. 

Name

Shield Therapeutics plc

b. 

LEI

213800G74QWY15FC3W71

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

Identification code

Ordinary shares of 1.5p each in the capital of the Company

 

 

 

ISIN of Ordinary Shares: GB00BYV81293

b. 

Nature of the transaction

 

Acquisition of Ordinary Shares

 

c. 

Price(s) and volume(s)

 

Price(s)

 

Volume(s)

$0.61

10,000

d. 

Aggregated information

· Aggregated volume

· Price

 

 

10,000

 

$6,100

 

e. 

Date of the transaction

2021-08-20

f. 

Place of the transaction

OTCQX

 

 



 

 

For further information, please contact:

 

Shield Therapeutics plc

+44 (0) 191 511 8500

Greg Madison (CEO)

Hans-Peter Rudolf (CFO)




Peel Hunt LLP - Nominated Adviser & Joint Broker

  +44 (0) 20 7148 8900

James Steel / Christopher Golden




finnCap Ltd - Joint Broker

  +44 (0) 20 7220 0500

Geoff Nash / Alice Lane/ George Dollemore  


 

 

Walbrook PR - Financial PR & IR Adviser

+44 (0) 20 7933 8780

Paul McManus / Lianne Cawthorne/ Alice Woodings

or [email protected]

 

 

About Shield

Shield is a commercial stage, pharmaceutical company with a focus on addressing iron deficiency with its lead product Feraccru ® /Accrufer ® (ferric maltol), a novel, stable, non-salt based oral therapy for adults with iron deficiency with or without anaemia.

 

Shield's lead product, Feraccru®/Accrufer®, has been approved for use in the United States, European Union, UK, Switzerland and Australia and has exclusive IP rights until the mid-2030s. The Group is currently launching Accrufer® in the US. Feraccru® is already being commercialised in the UK and European Union by Norgine B.V., who also have the marketing rights in Australia and New Zealand. Shield also has an exclusive licence agreement with Beijing Aosaikang Pharmaceutical Co., Ltd., for the development and commercialisation of Feraccru®/Accrufer® in China, Hong Kong, Macau and Taiwan. 

 

For more information, please visit  www.shieldtherapeutics.com . Follow Shield on Twitter @ShieldTx

 

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