14:11 Tue 12 May 2020
Director/PDMR Shareholding - Grant of Restricted Stock Units, Issue of Equity, Total Voting Rights &
Application will be made to the
Grant of RADSUs
The Company has made a grant of an aggregate of 921,608 RADSUs over American Depositary Shares (“ADSs”), representing 7,372,864 Ordinary Shares, to
Each RADSU represents an unfunded, unsecured right to receive, on the applicable vesting date, one ADS, or, at the option of the Company, an equivalent amount in cash.
The RADSUs will vest as to 25% on
Issue of the New Ordinary Shares
The aggregate issue of the 267,288 New Ordinary Shares follows the vesting of previously granted RADSUs to
As announced on
Following the issue of New Ordinary Shares,
Total voting rights
Following Admission of the New Ordinary Shares, the Company will have a total of 106,481,006 Ordinary Shares in issue each carrying one voting right. The Company does not hold any Ordinary Shares in
PDMR Dealings
The notification of dealing form in respect of the RADSU award and issue of New Ordinary Shares for each PDMR can be found below.
For further information, please contact:
Tel: +44 (0)20 3283 4200 | |
info@veronapharma.com | |
N+1 Singer (Nominated Adviser and | Tel: +44 (0)20 3283 4200 |
1 | Details of the person discharging managerial responsibilities / person closely associated | ||
a) | Dr | ||
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) | |||
b) | Legal Entity Identifier | 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 | American Depositary Shares (“ADSs”), each representing 8 Ordinary Shares | |
Identification code | ISIN Code: US9250501064 | ||
b) | Nature of the transaction | Grant of RADSUs | |
c) | Price(s) and volume(s) | Price(s) | Volume(s) |
No consideration paid | 526,633 RADSUs (representing 4,213,064 Ordinary Shares) | ||
d) | Aggregated information - Aggregated volume - Price | N/A (single transaction) | |
e) | Date of the transaction | ||
f) | Place of the transaction | Outside a trading venue | |
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 | American Depositary Shares (“ADSs”), each representing 8 Ordinary Shares. | |
Identification code | ISIN Code: US9250501064 | ||
b) | Nature of the transaction | ||
c) | Price(s) and volume(s) | Price(s) | Volume(s) |
No consideration paid | 22,274 RADSUs (representing 178,192 Ordinary Shares) | ||
d) | Aggregated information - Aggregated volume - Price | N/A (single transaction) | |
e) | Date of the transaction | ||
f) | Place of the transaction |
1 | Details of the person discharging managerial responsibilities / person closely associated | ||
a) | |||
2 | Reason for the notification | ||
a) | Position/status | Chief Financial Officer | |
b) | Initial notification /Amendment | Initial Notification | |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
a) | |||
b) | Legal Entity Identifier | 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 | American Depositary Shares (“ADSs”), each representing 8 Ordinary Shares | |
Identification code | ISIN Code: US9250501064 | ||
b) | Nature of the transaction | Grant of RADSUs | |
c) | Price(s) and volume(s) | Price(s) | Volume(s) |
No consideration paid | 394,975 RADSUs (representing 3,159,800 Ordinary Shares) | ||
d) | Aggregated information - Aggregated volume - Price | N/A (single transaction) | |
e) | Date of the transaction | ||
f) | Place of the transaction | Outside a trading venue | |
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 | American Depositary Shares (“ADSs”), each representing 8 Ordinary Shares | |
Identification code | ISIN Code: US9250501064 | ||
b) | Nature of the transaction | ||
c) | Price(s) and volume(s) | Price(s) | Volume(s) |
No consideration paid | 89,096 Ordinary Shares | ||
d) | Aggregated information - Aggregated volume - Price | N/A (single transaction) | |
e) | Date of the transaction | ||
f) | Place of the transaction |
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