Director Dealing

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Regulatory News | 08 Nov, 2021

Updated : 07:00

RNS Number : 5534R
BiVictriX Therapeutics PLC
08 November 2021
 

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED UNDER THE UK VERSION OF THE MARKET ABUSE REGULATION NO 596/2014 WHICH IS PART OF ENGLISH LAW BY VIRTUE OF THE EUROPEAN (WITHDRAWAL) ACT 2018, AS AMENDED. ON PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INFORMATION IS CONSIDERED TO BE IN THE PUBLIC DOMAIN.

 

BIVICTRIX THERAPEUTICS PLC

("BiVictriX" or "the Company")

 

Director Dealing

 

Alderley Park, 8 November 2021 BiVictriX Therapeutics plc (AIM: BVX), an emerging biotechnology company applying a novel approach to develop next generation cancer therapies using insights derived from frontline clinical experience, announces the following dealings in the Company's ordinary shares of 1 pence each ("Ordinary Shares").

 

Professor Robert Hawkins, a Non‐Executive Director of the Company, has purchased 100,000 Ordinary Shares via four transactions which are summarised in the table below:

 

Date of transaction

Number of Ordinary Shares purchased

Price per Ordinary Share

2 November 2021

35,000

21.9p

3 November 2021

15,000

23p

3 November 2021

30,000

24.625p

4 November 2021

20,000

22.44p

 

Following these transactions, Professor Hawkins is beneficially interested in 225,000 Ordinary Shares, representing 0.34% of the Company's total issued share capital.

 

**Ends**

  For more information, please contact:

 

BiVictriX Therapeutics plc

 

Tiffany Thorn, Chief Executive Officer

Iain Ross, Chairman

 Email: info@bivictrix.com

 

 

 

SP Angel Corporate Finance LLP (NOMAD and Broker)


Tel: +44 (0) 20 3470 0470

 

David Hignell, Caroline Rowe (Corporate Finance)

Vadim Alexandre, Rob Rees (Sales and Broking)

 

 

 

Panmure Gordon (UK) Limited (Joint Broker)

 

Tel: +44 (0) 20 7886 2500

 

Rupert Dearden/Freddy Crossley/Emma Earl

 

Consilium Strategic Communications

 

Ashley Tapp, Suki Virji, Priit Piip

Tel: +44 (0) 20 3709 5700

Email: Bivictrix@consilium-comms.com




 

About BiVictriX Therapeutics plc

BiVictriX is a UK-based drug discovery and development company which is focused on leveraging clinical experience to develop a class of highly selective, next generation cancer therapeutics which exhibit superior potency, whilst eliminating treatment-related toxicities.

 

The Company utilises a first-in-class approach to generate a proprietary pipeline of Bi-Cygni® therapeutics which are designed to selectively target antigen co-expression fingerprints, or "twin antigens", on tumour cells, which are largely absent from healthy cells. Whereas this concept has been validated in a clinical diagnostic setting to support the diagnosis and monitoring of haematological cancers, it has not yet been widely used in a therapeutic setting.

 

BiVictriX has identified a diverse panel of novel cancer-specific "twin antigens", across a broad range of cancer indications including Diffuse Large B Cell Lymphoma, Acute Myeloid Leukaemia and Blastic Plasmacytoid Dendritic Cell Neoplasm. The Company is using these novel "twin-antigens" to develop more effective and safer therapeutics to target cancers that are expected to constitute orphan indications and currently constitute areas of high unmet medical need.

 

Find out more about BiVictriX online at www.bivictrix.com  

 

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

Robert Hawkins   

2. 

Reason for the Notification

a)

Position/status

Non-Executive Director 

b)

Initial notification/Amendment

Initial notification

3. 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

BiVictriX Therapeutics plc

b)

LEI

213800ZI85IZNA6N3L53

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

Ordinary Shares of 1 pence each

GB00BNXH3K91

Identification code


b)

Nature of the transactions

Purchase of 100,000 Ordinary Shares

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

1.    21.9p

 

2.    23p

 

 

3.    24.625p

 

4.    22.44p

35,000

15,000

30,000

20,000

 

d)

Aggregated information:

  Aggregated volume

  Price

Price(s)

Volume(s)

 

 22.99p (weighted average)

 

100,000

 

e)

Date of the transactions

 2 - 4 November 2021

f)

Place of the transactions

AIM, London Stock Exchange  

 

 

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