Mereo BioPharma Group plc
("Mereo" or the "Company")
Notification of PDMR and Director Dealing
London, May 23, 2019 - Mereo BioPharma Group plc (AIM: MPH, NASDAQ: MREO), a clinical stage UK based biopharmaceutical company focused on rare diseases, received notification that on May 21, 2019, Peter Bains, Director of Mereo, purchased 47,500 ordinary shares at a price of GBP0.90 per share. Peter also purchased 778 American Depositary Shares (ADSs) at a price of USD4.92 per share.
In addition, on May 22, 2019, John Richard, Head of Corporate Development at Mereo, purchased 3000 ADSs at a price of USD4.90 per share.
The below announcement and notification is made in accordance with the EU Market Abuse Regulation. The form required under the EU Market Abuse Regulation follows.
1 |
Details of the person discharging managerial responsibilities |
a) |
Name |
Peter Bains |
2 |
Reason for the notification |
a) |
Position/status |
Director |
b) |
Initial notification/ Amendment |
Initial notification |
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
a) |
Name |
Mereo BioPharma Group plc |
b) |
LEI |
213800U8JQHIJOS5AS09 |
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 and identification code |
MEREO BIOPHARMA GROUP PLC ORDINARY SHARES OF £0.003 EACH |
b) |
Nature of the transaction |
PURCHASE |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
GBP0.90 |
47,500 |
|
d) |
Aggregated information: volume, Price |
Aggregated volume: 47,500 Aggregated price: GBP0.90 |
e) |
Date of the transaction |
2019-05-21 |
f) |
Place of the transaction |
AIMX |
1 |
Details of the person discharging managerial responsibilities |
a) |
Name |
Peter Bains |
2 |
Reason for the notification |
a) |
Position/status |
Director |
b) |
Initial notification/ Amendment |
Initial notification |
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
a) |
Name |
Mereo BioPharma Group plc |
b) |
LEI |
213800U8JQHIJOS5AS09 |
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 and identification code |
AMERICAN DEPOSITARY SHARE (ADS) EACH REPRESENTING 5 MEREO BIOPHARMA GROUP PLC ORDINARY SHARES OF GBP0.003 EACH |
b) |
Nature of the transaction |
PURCHASE of ADS |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
USD4.92 |
778 |
|
d) |
Aggregated information: volume, Price |
Aggregated volume: 778 Aggregated price: USD4.92 |
e) |
Date of the transaction |
2019-05-21 |
f) |
Place of the transaction |
XNMS |
1 |
Details of the person discharging managerial responsibilities |
a) |
Name |
John Richard |
2 |
Reason for the notification |
a) |
Position/status |
Head of Corporate Development |
b) |
Initial notification/ Amendment |
Initial notification |
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
a) |
Name |
Mereo BioPharma Group plc |
b) |
LEI |
213800U8JQHIJOS5AS09 |
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 and identification code |
AMERICAN DEPOSITARY SHARE (ADS) EACH REPRESENTING 5 MEREO BIOPHARMA GROUP PLC ORDINARY SHARES OF GBP0.003 EACH |
b) |
Nature of the transaction |
PURCHASE of ADS |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
USD4.90 |
3000 |
|
d) |
Aggregated information: volume, Price |
Aggregated volume: 3000 Aggregated price: USD4.903 |
e) |
Date of the transaction |
2019-05-22 |
f) |
Place of the transaction |
XNMS |