TIDMDEST

RNS Number : 5764Q

Destiny Pharma PLC

19 October 2023

Destiny Pharma plc

("Destiny Pharma" or the "Company")

Director/PDMR Shareholding

Brighton, United Kingdom - 19 October 2023 - Destiny Pharma (AIM: DEST), a clinical stage biotechnology company focused on the development and commercialisation of novel medicines to prevent and treat life threatening infections, announces that it was notified on 18 October 2023 that on 17 October 2023, Chris Tovey, Chief Executive Officer of the Company, transferred 30,000 ordinary shares of 1 pence each in the Company ("Ordinary Shares") to his wife and two daughters, all PCAs, by way of gift for nil consideration.

Following the transfer, Chris Tovey's beneficial interest in the Company remains unchanged at 40,000 Ordinary Shares, representing 0.04 per cent. of the total issued share capital.

For further information, please contact:

Destiny Pharma plc

Chris Tovey, CEO

Shaun Claydon, CFO

+44 (0) 127 370 4440

pressoffice@destinypharma.com

   Cavendish Capital Markets Limited   (Nominated Adviser and Joint Broker) 

Geoff Nash / George Dollemore, Corporate Finance

Nigel Birks / Harriet Ward, ECM

+44 (0) 207 220 0500

   Shore Capital   (Joint Broker) 

Daniel Bush / James Thomas / Lucy Bowden

+44 (0) 207 408 4090

Powerscourt Group

Sarah Macleod / Adam Michael / Ollie Simmonds / Christopher Ward

+44 (0) 20 7250 1446

Destiny@powerscourt-group.com

About Destiny Pharma

Destiny Pharma is an innovative, clinical-stage biotechnology company focused on the development and commercialisation of novel medicines that can prevent life-threatening infections. The company's drug development pipeline includes two late stage assets NTCD-M3, a microbiome-based biotherapeutic for the prevention of C. difficile infection (CDI) recurrence which is the leading cause of hospital acquired infection in the US, and XF-73 nasal gel, a proprietary drug targeting the prevention of post-surgical staphylococcal hospital infections including MRSA.

   For further information on the Company, please visit   www.destinypharma.com 

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with the company's obligations under Article 17 of MAR.

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                              Chris Tovey 
     --------------------------------  ------------------------------ 
 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                              Destiny Pharma plc 
     --------------------------------  ------------------------------ 
 b)   LEI                               213800O9WH9Z38EHAC95 
     --------------------------------  ------------------------------ 
 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                Ordinary shares of 1 pence 
       Financial instrument,             each 
       type of instrument 
      Identification code               DEST GB00BDHSP575 
     --------------------------------  ------------------------------ 
 b)   Nature of the transaction         Transfer of Ordinary Shares, 
                                         by way of gift, to wife and 
                                         daughters, Persons Closely 
                                         Associated with him, for nil 
                                         consideration. 
     --------------------------------  ------------------------------ 
 c)   Price(s) and volume(s)              0 (gift) 
                                           30,000 Ordinary Shares 
     --------------------------------  ------------------------------ 
 d)   Aggregated information: 
       Aggregated volume                  See 4c) above 
       Price 
     --------------------------------  ------------------------------ 
 e)   Date of the transaction           17 October 2023 
     --------------------------------  ------------------------------ 
 f)   Place of the transaction          Off-Market 
     --------------------------------  ------------------------------ 
 

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October 19, 2023 02:00 ET (06:00 GMT)

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