Shield Therapeutics - PDMR Transaction Notification
Released
Released
Announcement PDF
RNS Number : 8171U
Shield Therapeutics PLC
27 November 2023
Shield Therapeutics plc
("Shield Therapeutics" or the "Company")
PDMR Transaction Notification
London, UK, 27 November 2023: Shield Therapeutics plc (LSE:STX), a commercial stage pharmaceutical company
with a focus on addressing iron deficiency with its lead product Accrufer®/Feraccru® (ferric maltol), confirms that
Mr Hans Peter Hasler, Chairman, acquired 2,000,000 Ordinary Shares in the Company on 21 November 2023 at a
price of 6.1p per share. Mr Hasler now holds a beneficial interest in 5,500,000 Ordinary Shares.
The notification below, which has been made in accordance with the requirements of the EU Market Abuse
Regulation, provides further detail.
Notification and public disclosure of transactions by persons discharging managerial
responsibilities and persons closely associated with them:
1.
a.
2.
a.
b.
3.
a.
b.
4.
a.
b.
c.
Details of the person discharging managerial responsibilities / person closely associated
Name
Hans Peter Hasler
Reason for the notification
Position/status
Chairman
Initial notification
Initial
/Amendment
Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
Name
Shield Therapeutics plc
LEI
213800G74QWY15FC3W71
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
Description of the
Ordinary shares of 1.5p each in the capital of the Company
Financial instrument,
type
of instrument
Identification code
ISIN of Ordinary Shares: GB00BYV81293
Nature of the
Acquisition of Ordinary Shares
transaction
Price(s) and volume(s)
Price(s)
Volume(s)
6.1p
d.
e.
f.
Aggregated information
· Aggregated
volume
· Price
Date of the transaction
Place of the transaction
2,000,000
£122,000
21 November 2023
AIM
2,000,000
For further information please contact:
Shield Therapeutics plc
Greg Madison, CEO
www.shieldtherapeutics.com
+44 (0) 191 511 8500
Nominated Adviser and Joint Broker
Peel Hunt LLP
James Steel/Patrick Birkholm
+44 (0)20 7418 8900
Joint Broker
Cavendish Capital Markets Ltd
Geoff Nash/ George Dollemore/Nigel
Birks
+44 (0)20 7220 0563
Financial PR & IR Advisor
Walbrook PR
Paul McManus/ Alice Woodings
+44 (0)20 7933 8780 or shield@walbrookpr.com
Investor Contact (US Advisor)
LifeSci Advisors, LLC
John Mullaly
+1 617 429 3548 or jmullaly@lifesciadvisors.com
About Iron Deficiency and Accrufer®/Feraccru®
Clinically low iron levels (aka iron deficiency, ID) can cause serious health problems for adults of all ages, across
multiple therapeutic areas. Together, ID and ID with anemia (IDA) affect about 20 million people in the US and
represent a $2.3B market opportunity. As the first and only FDA approved oral iron to treat ID/IDA, Accrufer® has
the potential to meet an important unmet medical need for both physicians and patients.
Accrufer®/Feraccru® (ferric maltol) is a novel, stable, non-salt-based oral therapy for adults with ID/IDA.
Accrufer®/Feraccru® has a novel mechanism of absorption compared to other oral iron therapies and has been
shown to be an efficacious and well-tolerated therapy in a range of clinical trials. More information about
Accrufer®/Feraccru®, including the product label, can be found at: www.accrufer.com and www.feraccru.com.
About Shield Therapeutics plc
Shield is a commercial stage specialty pharmaceutical company that delivers Accrufer®/Feraccru® (ferric maltol),
an innovative and differentiated pharmaceutical product, to address a significant unmet need for patients
suffering from iron deficiency, with or without anemia. The Company launched Accrufer® in the U.S. with an
exclusive, multi-year collaboration agreement with Viatris. Outside of the U.S., the Company licensed the rights to
four specialty pharmaceutical companies. Feraccru® is commercialized in the UK and European Union by Norgine
B.V. (Norgine), which also has marketing rights in Australia and New Zealand. Shield also has an exclusive license
agreement with Beijing Aosaikang Pharmaceutical Co., Ltd., for the development and commercialization of
Accrufer®/ Feraccru® in China, Hong Kong, Macau and Taiwan, with Korea Pharma Co., Ltd. for the Republic of
Korea (Korea Pharma), and with KYE Pharmaceuticals Inc. for Canada.
Accrufer®/Feraccru® has patent coverage until the mid-2030s.
Accrufer®/Feraccru® are registered trademarks of Shield Therapeutics.
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