TIDMSTX

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(R)/Accrufer(R) (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               Initial 
                   /Amendment 
                 ---------------------------------  ------------------------------------------------------------- 
            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                 Ordinary shares of 1.5p each in the capital of the Company 
                   Financial instrument, type 
                   of instrument 
                   Identification code 
                                                      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 
                                                                  ---------- 
                 ---------------------------------  ------------------------------------------------------------- 
                       Aggregated information 
                         *    Aggregated volume 
                                                       10,000 
 
            d.           *    Price                    $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                             or shield@walbrookpr.com 
  Woodings 
 
 

About Shield

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

Shield's lead product, Feraccru(R)/Accrufer(R), 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(R) in the US. Feraccru(R) 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(R)/Accrufer(R) in China, Hong Kong, Macau and Taiwan.

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

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 rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

MSCPPUPPRUPGGRU

(END) Dow Jones Newswires

August 23, 2021 02:00 ET (06:00 GMT)

Shield Therapeutics (LSE:STX)
Gráfica de Acción Histórica
De Oct 2021 a Nov 2021 Haga Click aquí para más Gráficas Shield Therapeutics.
Shield Therapeutics (LSE:STX)
Gráfica de Acción Histórica
De Nov 2020 a Nov 2021 Haga Click aquí para más Gráficas Shield Therapeutics.