Allergy Therapeutics plc
("Allergy Therapeutics" or the "Company")
20 November 2020 - Allergy Therapeutics (AIM:AGY), the fully integrated specialty pharmaceutical company specialising in allergy vaccines, announces that Peter Jensen, Non-Executive Chairman, has purchased 100,000 ordinary shares of 0.1 pence each in the capital of the Company ("Ordinary Shares") at a price of 14 pence per Ordinary Share. Following the transaction, the total beneficial interest of Peter Jensen is 270,000 Ordinary Shares, representing 0.04% of the of the issued share capital of the Company to which voting rights are attached.
The notification below, 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/or persons closely associated with them:
Details of the person discharging managerial responsibilities/person closely associated
Reason for the notification
Non-Executive Chairman, Director
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Allergy Therapeutics plc
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
Description of the financial instrument, type of instrument
0.1p ordinary shares
Nature of the transaction
Purchase of Ordinary Shares
Price(s) and volume(s)
Date of the transaction
19 November 2020
Place of the transaction
London Stock Exchange - AIM
- ENDS -
For further information, please contact:
+44 (0) 1903 845 820
Manuel Llobet, Chief Executive Officer
Nick Wykeman, Chief Financial Officer
+44 (0) 20 7886 2500
Freddy Crossley, Emma Earl, Corporate Finance
Rupert Dearden, Corporate Broking
Consilium Strategic Communications
+44 20 3709 5700
Mary-Jane Elliott, David Daley, Ashley Tapp, Olivia Manser
Stern Investor Relations, Inc.
+1 212 362 1200
Notes for editors:
About Allergy Therapeutics
Allergy Therapeutics is an international commercial biotechnology company focussed on the treatment and diagnosis of allergic disorders, including aluminium free immunotherapy vaccines that have the potential to cure disease. The Group sells proprietary and third party products from its subsidiaries in nine major European countries and via distribution agreements in an additional ten countries. Its broad pipeline of products in clinical development include vaccines for grass, tree and house dust mite, and peanut allergy vaccine in pre-clinical development. Adjuvant systems to boost performance of vaccines outside allergy are also in development.
Formed in 1999 out of Smith Kline Beecham, Allergy Therapeutics is headquartered in Worthing, UK with more than 11,000m2 of state-of-the-art MHRA-approved manufacturing facilities and laboratories. The Group, which has achieved over 9% compound annual growth since formation, employs c.600 employees and is listed on the London Stock Exchange (AIM:AGY). For more information, please see www.allergytherapeutics.com.