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Silence Therapeutics - PDMR Shareholding

RNS Number : 3659O
Silence Therapeutics PLC
29 May 2020
 

PDMR Shareholding

May 29, 2020

 

LONDON, Silence Therapeutics, PLC (LON: SLN) ("Silence" or "the Company") a leader in the discovery, development and delivery of novel RNA therapeutics for the treatment of serious diseases, today announces that on May 28th 15,800 Shares were purchased by Iain Ross, Executive Chairman of the Company, through his SIPP at £4.70 per share.

 

Following this purchase, Iain Ross is interested in 44,693 ordinary shares (0.05%) of the issued shared capital of the Company. The previously disclosed 25,000 shares held by Mr Ross did not include 3,893 shares that were already held in Mr Ross's SIPP and originate from his previous tenure with the Company that ended in 2010. The 44,693 ordinary shares now held by Mr Ross corrects for these previously undisclosed shares.

 

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 (PDMR) / person closely associated

a)

Name

Iain Ross

 

2.

Reason for the notification

a)

Position / status

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

Silence Therapeutics plc

 

b)

LEI

213800SSURRJBX85SQ91

 

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 5 pence each in Silence Therapeutics plc

 

 

 

ISIN for Silence Therapeutics plc Ordinary Shares:

GB00B9GTXM62

 

b)

Nature of the transaction

Purchase of Ordinary Shares in Silence Therapeutics plc

 

c)

Prices(a) and volume(s)

 

Price

Volume

£4.70

15,800

 

 

d)

Aggregated information

- Aggregated volume

- Price

 

15,800 Ordinary Shares

£74,260.00

e)

Date of the transaction

28 May 2020

f)

Place of the transaction

London Stock Exchange, AIM

 

 

 

 

 

 

 

Enquiries:

 

Silence Therapeutics plc

Iain Ross, Executive Chairman

Dr Rob Quinn, Chief Financial Officer

Tel:  +44 (0)20 3457 6900

 

Investec Bank plc (Nominated Adviser and Broker)

Daniel Adams/Gary Clarence

 

 

Tel:  +44 (0) 20 7597 5970

European IR

Consilium Strategic Communications

Mary-Jane Elliott/Chris Welsh/Angela Gray

[email protected]

 

Tel: +44 (0) 20 3709 5700

US IR

Westwicke Partners

Peter Vozzo

[email protected]

 

 Tel: +1 (443) 213-0505

 

About Silence Therapeutics plc

Silence Therapeutics is developing a new generation of medicines by harnessing the body's natural mechanism of RNA interference, or RNAi, within its cells. Its proprietary technology can selectively inhibit any gene in the genome, specifically silencing the production of disease-associated proteins. Silence's proprietary RNA chemistries and delivery systems are designed to improve the stability of molecules and enhance effective delivery to target cells, providing a powerful modular technology well suited to tackle life-threatening diseases. The Company has secured high value research and collaboration agreements with AstraZeneca, Mallinckrodt Pharmaceuticals and Takeda. For more information, please visit: https://www.silence-therapeutics.com/

 


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 [email protected] or visit www.rns.com.
 
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Quick facts: Silence Therapeutics PLC

Price: 464

Market: AIM
Market Cap: £384.31 m
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