Grant of Options

About this update from Thalia Therapeutics Plc

  28 November 2024   N4 Pharma plc ("N4 Pharma" or the "Company")   Grant of Options   N4 Pharma Plc (AIM: N4P), the specialist pharmaceutical company developing Nuvec®, a novel delivery system for cancer treatments, gene therapy and vaccines, announces that, on 27 November 2024, the Board granted 15 million options (the "Options") over ordinary shares of 0.4p each in the Company to certain directors of N4 Pharma as follows:   Director   Number of options granted Nigel Theobold (Chief Executive Officer) 6,000,000 Michael Palfreyman (Non-Executive Director) 3,000,000 Dr Chris Britten (Non-Executive Chairman) 3,000,000 Luke Cairns (Executive Director) 3,000,000   The Options have an exercise price of 0.75p and vest in three equal tranches on the first, second and third anniversaries from the date of grant.  The Options have a term of ten years from the date of grant.     The FCA notifications, made in accordance with the requirements of the Market Abuse Regulation, are appended below.   For more information please contact:   N4 Pharma plc Nigel Theobald, CEO Luke Cairns, Executive Director   Engage with us directly at N4 Pharma Investor Hub     Via N4 Pharma Investor Hub     Sign up at investors.n4pharma.com   SP Angel Corporate Finance LLP Nominated Adviser and Joint Broker Matthew Johnson/Caroline Rowe (Corporate Finance) Vadim Alexandre/Abigail Wayne/Rob Rees (Corporate Broking) Tel: +44(0)20 3470 0470 Turner Pope Investments (TPI) Limited Joint Broker Andy Thacker James Pope Tel: +44(0)20 3657 0050   About N4 Pharma N4 Pharma is a specialist pharmaceutical company developing a novel delivery system for oncology, gene therapy and vaccines using its unique silica nanoparticle delivery system called Nuvec® and Liptide, a unique peptide/lipid delivery system via its subsidiary Nanogenics.   N4 Pharma's business model is to partner with companies developing products in these fields to use Nuvec® or Liptide® as the delivery vehicle for these products. As these products progress through pre‐clinical and clinical programs, N4 Pharma will seek to receive upfront payments, milestone payments and ultimately royalty payments once products reach the market.   For further information on the Company visit www.n4pharma.com or sign up at investors.n4pharma.com .   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 Nigel Theobold   2 Reason for the notification a) Position/status Chief Executive Officer b)   Initial notification /Amendment Initial notification 3   Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name N4 Pharma plc b) LEI 213800I841D2RKMFK955 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 Options over Ordinary Shares of 0.4p each         Identification code (ISIN) for N4 Pharma plc ordinary shares: GB00BYW8QM32   b) Nature of the transaction Issue of options over ordinary shares of 0.4p each     c) Price(s) and volume(s)  Price(s) Volume(s) 0.75p exercise price   6,000,000   d) Aggregated information - Aggregated volume - Price   n/a e) Date of the transaction 27 November 2024 f) Place of the transaction Outside a trading venue   1 Details of the person discharging managerial responsibilities / person closely associated a) Name Michael Palfreyman   2 Reason for the notification a) Position/status Non-Executive Director b)   Initial notification /Amendment Initial notification 3   Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name N4 Pharma plc b) LEI 213800I841D2RKMFK955 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 Options over Ordinary Shares of 0.4p each         Identification code (ISIN) for N4 Pharma plc ordinary shares: GB00BYW8QM32   b) Nature of the transaction Issue of options over ordinary shares of 0.4p each     c) Price(s) and volume(s)  Price(s) Volume(s) 0.75p exercise price   3,000,000   d) Aggregated information - Aggregated volume - Price   n/a e) Date of the transaction 27 November 2024 f) Place of the transaction Outside a trading venue     1 Details of the person discharging managerial responsibilities / person closely associated a) Name Dr Chris Britten   2 Reason for the notification a) Position/status Non-Executive Chairman b)   Initial notification /Amendment Initial notification 3   Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name N4 Pharma plc b) LEI 213800I841D2RKMFK955 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 Options over Ordinary Shares of 0.4p each         Identification code (ISIN) for N4 Pharma plc ordinary shares: GB00BYW8QM32   b) Nature of the transaction Issue of options over ordinary shares of 0.4p each     c) Price(s) and volume(s)  Price(s) Volume(s) 0.75p exercise price   3,000,000   d) Aggregated information - Aggregated volume - Price   n/a e) Date of the transaction 27 November 2024 f) Place of the transaction Outside a trading venue   1 Details of the person discharging managerial responsibilities / person closely associated a) Name Luke Cairns   2 Reason for the notification a) Position/status Executive Director b)   Initial notification /Amendment Initial notification 3   Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name N4 Pharma plc b) LEI 213800I841D2RKMFK955 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 Options over Ordinary Shares of 0.4p each         Identification code (ISIN) for N4 Pharma plc ordinary shares: GB00BYW8QM32   b) Nature of the transaction Issue of options over ordinary shares of 0.4p each     c) Price(s) and volume(s)  Price(s) Volume(s) 0.75p exercise price   3,000,000   d) Aggregated information - Aggregated volume - Price   n/a e) Date of the transaction 27 November 2024 f) Place of the transaction Outside a trading venue      

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