NetScientific plc
("NetScientific" or the "Company")
Director/PDMR Shareholding
NetScientific Plc (AIM: NSCI), the deeptech and life sciences VC investment group, announces that today, Mr Ed Hooper (Executive Director) purchased 20,000 ordinary shares in the capital of NetScientific Plc ("Ordinary Shares") through his Self-Invested Personal Pension.
Following such purchase, Ed Hooper is interested in 109,000 Ordinary Shares, representing 0.46 per cent. of the entire issued share capital of the Company.
The information below, set out in accordance with the requirements of the UK Market Abuse Regulation, provides further detail.
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 | Mr Edward Hooper | ||||
| 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 | NetScientific plc | ||||
| b) | LEI | 213800N5WD46G1Y7I458 | ||||
| 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 Identification code | NSCI 5p Ordinary Shares
GB00BN4R5Q82 | ||||
| b) | Nature of the transaction | Purchase of Ordinary Shares into SIPP | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information - Aggregated volume
- Price
|
| ||||
| e)
| Date of the transaction | 13 June 2024 | ||||
| f)
| Place of the transaction | UK AIM | ||||
# # #
For more information, please contact:
| NetScientific | |
| Ilian Iliev, CEO | Via Belvedere Communications |
|
|
|
| Panmure Gordon (UK) Limited (NOMAD and Broker) |
|
| Emma Earl / Will Goode / Freddy Crossley / Mark Rogers (Corporate Finance) Rupert Dearden (Corporate Broking) | +44 (0)20 7886 2500 |
| | |
| Belvedere Communications John West / Llewellyn Angus / Lily Pearce |
+44 (0)20 7653 8702 |
About NetScientific
NetScientific plc (AIM: NSCI) is a deeptech and life sciences VC investment group with an international portfolio of innovative companies.
NetScientific identifies, invests in, and builds high growth companies in the UK and internationally. The company adds value through the proactive management of its portfolio, progressing to key value inflection points, and delivering investment returns through partial or full liquidity events.
NetScientific differentiates itself by employing a capital-efficient investment approach, making judicial use of its balance sheet and syndicating investments through its wholly owned VC subsidiary, EMV Capital. The group secures a mixture of direct equity stakes and carried interest stakes in its portfolio of companies, creating a lean structure that can support a large portfolio.
NetScientific is headquartered in London, United Kingdom, and is admitted to trading on AIM, a market operated by the London Stock Exchange.
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