RNS Number : 9067V
Scancell Holdings Plc
06 December 2023
 

 

6 December 2023

 

Scancell Holdings plc

("Scancell" or the "Company")

 

PDMR Notification

 

Scancell Holdings plc (AIM: SCLP), the developer of novel immunotherapies for the treatment of cancer and infectious disease, announces that further to the Company's announcement on the 1 December 2023 regarding the successful placing of ordinary shares of nominal value of 0.1 pence in the Company ("Shares") and the subscription for Shares by Dr Jean-Michel Cosséry and Professor Lindy Durrant, the following Shares were issued on 5 December 2023:

 

                   Dr Jean-Michel Cosséry                   454,545

                   Professor Lindy Durrant                   272,727          

 

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

Jean-Michel Cosséry

2

Reason for the notification

a)

Position/status

Chairman of Board and PDMR

b)

Initial notification/Amendment

Initial notification

3

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

a)

Name

Scancell Holdings plc

b)

LEI

2138008RXEG856SNP666

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

b)

Identification Code

GB00B63D3314

c)

Nature of the transaction

Acquisition of ordinary shares




d)

Price(s) and volume(s)

454,545 ordinary shares at £0.11 per share

e)

Aggregated information

- Aggregated volume

- Price

 

N/A (single transaction)

 

f)

Date of the transaction

5 December 2023

g)

Place of the transaction

Outside a trading venue

 

 1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Lindy Durant

2

Reason for the notification

a)

Position/status

Executive Director and PDMR

b)

Initial notification/Amendment

Initial notification

3

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

a)

Name

Scancell Holdings plc

b)

LEI

2138008RXEG856SNP666

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

Acquisition of ordinary shares

b)

Identification Code

GB00B63D3314

c)

Nature of the transaction

Acquisition of ordinary shares




d)

Price(s) and volume(s)

272,727 ordinary shares at £0.11 per share

 

e)

Aggregated information

- Aggregated volume

- Price

 

N/A (single transaction)

 

f)

Date of the transaction

5 December 2023

g)

Place of the transaction

Outside a trading venue

 

 

 

 

-ENDS-

 

For further information, please contact:




Scancell Holdings plc

+44 (0) 20 3709 5700

Professor Lindy Durrant, CEO

Dr Jean-Michel Cosséry, Non-Executive Chairman

 


Stifel Nicolaus Europe Limited (Nominated Adviser and Joint Broker)

+44 (0) 20 7710 7600

Nicholas Moore/Samira Essebiyea/William Palmer-Brown (Healthcare Investment Banking)

 

Nick Adams/Nick Harland (Corporate Broking)

 

 

Panmure Gordon (UK) Limited (Joint Broker)

+44 (0) 20 7886 2500

Freddy Crossley/Emma Earl (Corporate Finance)

 

Rupert Dearden (Corporate Broking)

 

 

ICR Consilium

+44 (0) 20 3709 5700

Mary-Jane Elliott/Matthew Neal/Chris Welsh

scancell@consilium-comms.com

 

 

About Scancell

 

Scancell is a clinical stage biopharmaceutical company that is leveraging its proprietary research, built up over many years of studying the human adaptive immune system, to generate novel medicines to treat significant unmet needs in cancer and infectious disease. The Company is building a pipeline of innovative products by utilising its four technology platforms: Moditope® and ImmunoBody® for vaccines and GlyMab® and AvidiMab® for antibodies.

 

Adaptive immune responses include antibodies and T cells (CD4 and CD8), both of which can recognise damaged or infected cells. In order to destroy such cancerous or infected cells, Scancell uses either vaccines to induce immune responses or monoclonal antibodies (mAbs) to redirect immune cells or drugs. The Company's unique approach is that its innovative products target modifications of proteins and lipids. For the vaccines (Moditope® and ImmunoBody®) this includes citrullination and homocitrullination of proteins, whereas its mAb portfolio targets glycans or sugars that are added onto proteins and / or lipids (GlyMab®) or enhances the potency of antibodies and their ability to directly kill tumour cells (AvidiMab®).

 

For further information about Scancell, please visit: https://www.scancell.co.uk/

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