RNS Number : 3972G
MGC Pharmaceuticals Limited
18 July 2023
 

MGC Pharmaceuticals Ltd.

PDMR Notification

18 July 2023

ASX, LSE: MXC

 

MGC Pharmaceuticals Ltd ('MGC Pharma' or 'the Company') announces, further to the Company's "£0.7 million Fundraising" announcement on 14 July 2023, details of the participation of Persons Discharging Managerial Responsibilities ("PDMRs") in the Subscription in accordance with the UK Market Abuse regulations.

Full details of the shares subscribed by the PDMRs in the Subscription are contained in the disclosure tables below.

Capitalised terms not otherwise defined in this announcement shall have the same meaning ascribed to them in the Company's announcement made on 14 July 2023.

 

1

Details of the person discharging managerial responsibilities/person closely associated

 

(a)

Name

Amir Polak

2

Reason for the notification

 

(a)

Position

 

Chief Pharmaceutical Development Officer

(b)

Initial notification/amendment

 

Initial

(c)

If amendment: reason

 

n/a

3

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


Full name of entity

MGC Pharmaceuticals Limited

 


Legal Entity Identifier Code

213800HRE3FQJ6RK4H10

 

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted

 

(a)

Description of the financial instrument, type of instrument

Fully Paid Ordinary Shares

(b)

Identification Code (ISIN)

 

AU000000MXC6

(c)

Nature of transaction

Shares issued following participation in fundraise

(d)

Currency

Price

Volume

Total


GBP

£0.0012

4,416,667

£5,300


Aggregated information


GBP

£0.0012

4,416,667

£5,300

(e)

Date of transaction

 

14 July 2023

(f)

Place of transaction

 

Outside a trading venue

 

1

Details of the person discharging managerial responsibilities/person closely associated

 

(a)

Name

Itay Nissim

2

Reason for the notification

 

(a)

Position

 

Chief Manufacturing and Supply Chain Officer

(b)

Initial notification/amendment

 

Initial

(c)

If amendment: reason

 

n/a

3

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


Full name of entity

MGC Pharmaceuticals Limited

 


Legal Entity Identifier Code

213800HRE3FQJ6RK4H10

 

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted

 

(a)

Description of the financial instrument, type of instrument

Fully Paid Ordinary Shares

(b)

Identification Code (ISIN)

 

AU000000MXC6

(c)

Nature of transaction

Shares issued following participation in fundraise

(d)

Currency

Price

Volume

Total


GBP

£0.0012

3,833,333

£4,600


Aggregated information


GBP

£0.0012

3,833,333

£4,600

(e)

Date of transaction

 

14 July 2023

(f)

Place of transaction

 

Outside a trading venue

 

1

Details of the person discharging managerial responsibilities/person closely associated

 

(a)

Name

Yair Tal

2

Reason for the notification

 

(a)

Position

 

Chief Information Security Officer

(b)

Initial notification/amendment

 

Initial

(c)

If amendment: reason

 

n/a

3

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


Full name of entity

MGC Pharmaceuticals Limited

 


Legal Entity Identifier Code

213800HRE3FQJ6RK4H10

 

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted

 

(a)

Description of the financial instrument, type of instrument

Fully Paid Ordinary Shares

(b)

Identification Code (ISIN)

 

AU000000MXC6

(c)

Nature of transaction

Shares issued following participation in fundraise

(d)

Currency

Price

Volume

Total


GBP

£0.0012

2,166,667

£2,600


Aggregated information


GBP

£0.0012

2,166,667

£2,600

(e)

Date of transaction

 

14 July 2023

(f)

Place of transaction

 

Outside a trading venue

 

1

Details of the person discharging managerial responsibilities/person closely associated

 

(a)

Name

Yifat Steuer

2

Reason for the notification

 

(a)

Position

 

Chief Operating Officer and Deputy CEO

(b)

Initial notification/amendment

 

Initial

(c)

If amendment: reason

 

n/a

3

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


Full name of entity

MGC Pharmaceuticals Limited

 


Legal Entity Identifier Code

213800HRE3FQJ6RK4H10

 

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted

 

(a)

Description of the financial instrument, type of instrument

Fully Paid Ordinary Shares

(b)

Identification Code (ISIN)

 

AU000000MXC6

(c)

Nature of transaction

Shares issued following participation in fundraise

(d)

Currency

Price

Volume

Total


GBP

£0.0012

5,833,333

£7,000


Aggregated information


GBP

£0.0012

5,833,333

£7,000

(e)

Date of transaction

 

14 July 2023

(f)

Place of transaction

 

Outside a trading venue

 

 

--Ends--

 

Authorised for release by the Managing Director, for further information please contact:

MGC Pharmaceuticals Ltd     

Roby Zomer

CEO & Managing Director

+61 8 6382 3390

info@mgcpharma.co.uk

MGC Pharmaceuticals Ltd

Arron Canicais / Rowan Harland

Joint Company Secretaries

+61 8 6382 3390

info@mgcpharma.co.uk

UK Brokers

Peterhouse Capital

Charles Goodfellow / Lucy Williams / Duncan Vasey

+44 207 469 0930

mgcpharma@tavistock.co.uk

UK Brokers

Oberon Capital

Adam Pollock / Aimee McCusker

+44 203 179 5300

adampollock@oberoninvestments.com
aimeemccusker@oberoninvestments.com

UK IR/PR Advisers

IDC Advisory

Graham Herring / Tim Metcalfe / Zach Cohen

mgcpharma@investor-focus.co.uk


 

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