Motif Bio PLC Director/PDMR Shareholding (8270H)
August 22 2016 - 11:31AM
UK Regulatory
TIDMMTFB
RNS Number : 8270H
Motif Bio PLC
22 August 2016
Motif Bio plc
("Motif Bio" or the "Company")
Notification and public disclosure of transactions by PDMR and
persons closely associated with them
Motif Bio plc (AIM: MTFB), the clinical stage biopharmaceutical
company specialising in developing novel antibiotics, announces
that on 22 August 2016 it was notified that Amphion Innovations plc
("Amphion") had pledged an additional 11,655,480 ordinary shares of
1 penny each in the capital of Motif Bio as security to a draw-down
of an additional tranche of Amphion's loan facility (the "Share
Pledge"). In total, Amphion has pledged 27,961,625 ordinary shares
in the Company in relation to the Share Pledge. As a result of the
Share Pledge, Amphion will transfer legal title to but will retain
the beneficial interest in these pledged ordinary shares. Richard
Morgan and Robert Bertoldi, non-executive Chairman and executive
director of the Company respectively, are also directors of Amphion
(the "Amphion Directors"). Amphion is therefore a "Person Closely
Associated" with the Amphion Directors under the Market Abuse
Regulation.
The Share Pledge does not change the number of ordinary shares
of the Company in issue.
For further information please contact:
Motif Bio plc info@motifbio.com
Graham Lumsden (Chief
Executive Officer)
Zeus Capital Limited
(NOMAD & BROKER) +44 (0)20 3829 5000
Phil Walker/Giles Balleny
Dominic Wilson
Northland Capital Partners
Limited (BROKER) +44 (0)203 861 6625
Patrick Claridge/ David
Hignell
John Howes/ Rob Rees
(Broking)
Walbrook PR Ltd. (FINANCIAL +44 (0) 20 7933 8780 or
PR & IR) motifbio@walbrookpr.com
Paul McManus Mob: +44 (0)7980 541
893
Mike Wort Mob: +44 (0)7900 608
002
MC Services AG (EUROPEAN
IR) +49 (0)89 210 2280
Raimund Gabriel
1 Details of the person discharging managerial responsibilities/person
closely associated
------ -----------------------------------------------------------------------
a) Name Amphion Innovations Plc
------ -------------------------------- -------------------------------------
2 Reason for the notification
------ -----------------------------------------------------------------------
Person Closely Associated with
Position/status PDMRs of Motif Bio Plc (Robert
a) Bertoldi and Richard Morgan)
------ -------------------------------- -------------------------------------
b) Initial notification/Amendment Initial Notification
------ -------------------------------- -------------------------------------
3 Details of the issuer, emission allowance market
participant, auction platform, auctioneer or auction
monitor
------ -----------------------------------------------------------------------
a) Name Motif Bio Plc
------ -------------------------------- -------------------------------------
b) LEI N/A
------ -------------------------------- -------------------------------------
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 Ordinary Shares
financial instrument,
type of instrument ISIN GB00BVVT4H71
Identification code
------ -------------------------------- -------------------------------------
b) Nature of the transaction Transfer of the legal but not
beneficial interest in 11,655,480
Ordinary Shares by way of a pledge
for a loan
------ -------------------------------- -------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
---------- -----------
N/A 11,655,480
---------- -----------
------ -------------------------------- -------------------------------------
d) Aggregated information Price(s) Volume(s)
---------- -----------
N/A 11,655,480
---------- -----------
------ -------------------------------- -------------------------------------
e) Date of the transaction 22 August 2016
------ -------------------------------- -------------------------------------
f) Place of the transaction N/A
------ -------------------------------- -------------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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