Business
Director's Dealings
Director's Dealings.
About this update from Hvivo Plc
[{"type":"text","content":"\n \nRNS Number : 0609Z hVIVO plc 08 January 2020 \n\n \nhVIVO plc\n(\"hVIVO\" or the \"Company\")\n \nDirector's Dealings \n \nLondon, UK, 8 January 2020: hVIVO plc (AIM: HVO), an industry leading clinical development services business pioneering human disease models based upon viral and allergen challenge, announces that, application has been made to AIM for the admission of 30,602 new ordinary shares of 5.0p each in the Company (the \"New Ordinary Shares\").\n \nThe New Ordinary Shares have been allotted pursuant to the purchase by Jim Winschel (Non-Executive Director) of new ordinary shares, under the terms of his letter of appointment as set out in the Company's announcement of 4 November 2014 which stated that Mr Winschel had entered into a binding commitment to purchase £4,000 of hVIVO plc New Ordinary Shares per quarter.\n \nThe New Ordinary Shares represent Mr Winschel's investment for the quarter ended December 2019. On 7 January 2020, Mr Winschel invested in an additional 30,602 ordinary shares, at a price of 11.93 pence per share.\n \nFollowing admission of the New Ordinary Shares to trading on AIM, the total number of Ordinary Shares with voting rights in issue will be 83,583,946 and this figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure and Transparency Rules. \n \nAdmission of the New Ordinary Shares (\"Admission\"), which will rank pari passu in all respects with the Company's existing shares in issue, is expected to occur on 13 January 2020. Following Admission, Mr Winschel will be interested in a total of 185,150 ordinary shares of 5.0p in the Company, representing 0.2% of the Company's issued share capital.\n \nThe notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail:\n \nNotification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them\n \n\n\n\n\n1\n\n\nDetails of the persons discharging managerial responsibilities/persons closely associated\n\n\n\n\na)\n\n\nName\n\n\nJim Winschel\n\n\n\n\n2\n\n\nReason...