RNS Number : 2119U
PureTech Health PLC
27 June 2024
 

27 June 2024

PureTech Health plc

 

PDMR Notifications

 

PureTech Health plc (Nasdaq: PRTC, LSE: PRTC) ("PureTech" or the "Company"), a clinical-stage biotherapeutics company dedicated to giving life to new classes of medicine to change the lives of patients with devastating diseases, announces that awards of restricted share units ("RSUs") granted by PureTech on 8 June 2023 to certain non-executive directors ("PDMRs") pursuant to its Performance Share Plan ("PSP") vested in full on 12 June 2024 the day immediately prior to the Company's Annual General Meeting of Stockholders. Each PDMR received vested ordinary shares on 26 June 2024.

The Company's total issued ordinary share capital is 257,927,489 shares after the share issuance to the PDMRs, 18,523,299 shares of which are held in treasury by the Company.

PDMR Notification

 

The information contained in the below notification is disclosed in accordance with Article 19 of the EU Market Abuse Regulation.

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Raju Kucherlapati

John LaMattina

Robert Langer

Kiran Mazumdar-Shaw

Sharon Barber-Lui

 

2

Reason for the notification

a)

Position/status

Non-Executive Directors

b)

Initial notification/Amendment

Initial Notification

3

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

a)

Name

PureTech Health plc

b)

LEI

213800LVPDNO2Z9T9I39

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 PureTech Health plc

ISIN GB00BY2Z0H74


b)

Nature of the transaction

Issuance of ordinary shares in settlement of certain vested RSUs under the PureTech Health Performance Share Plan.

c)

Price(s) and volume(s)

Recipient

Price

Amount

Raju Kucherlapati

0.01 GBP

17,122 ordinary shares

John LaMattina

0.01 GBP

17,122 ordinary shares

Robert Langer

0.01 GBP

17,122 ordinary shares

Kiran Mazumdar-Shaw

0.01 GBP

17,122 ordinary shares

Sharon Barber-Lui

0.01 GBP

17,122 ordinary shares

d)

Aggregated information

-

Aggregated volume

-

Price

Price

Aggregate Volume

0.01 GBP

85,610 ordinary shares

e)

Date of the transaction

26 June 2024

f)

Place of the transaction

London Stock Exchange (XLON)

 

About PureTech Health 

PureTech is a clinical-stage biotherapeutics company dedicated to giving life to new classes of medicine to change the lives of patients with devastating diseases. The Company has created a broad and deep pipeline through its experienced research and development team and its extensive network of scientists, clinicians and industry leaders that is being advanced both internally and through its Founded Entities. PureTech's R&D engine has resulted in the development of 29 therapeutics and therapeutic candidates, including two that have received both U.S. FDA clearance and European marketing authorization and a third (KarXT) that has been filed for FDA approval. A number of these programs are being advanced by PureTech or its Founded Entities in various indications and stages of clinical development, including registration enabling studies. All of the underlying programs and platforms that resulted in this pipeline of therapeutic candidates were initially identified or discovered and then advanced by the PureTech team through key validation points.

For more information, visit www.puretechhealth.com or connect with us on X (formerly Twitter) @puretechh.

 

Contact:

PureTech

Investor Relations

IR@puretechhealth.com

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