Fusion Antibodies - Director/PDMR Shareholding
Released
Released
Announcement PDF
RNS Number : 3247X
Fusion Antibodies PLC
22 July 2024
22 July 2024
Fusion Antibodies plc
("Fusion"or the "Company")
Director/PDMR Shareholding
Fusion Antibodies plc (AIM: FAB), specialists in pre-clinical antibody discovery, engineering and supply for both
therapeutic drug and diagnostic applications, has been notified that Simon Douglas, Non-Executive Chair of
Fusion, haspurchased 150,000 ordinaryshares of 4 pence each in the Company ("Ordinary Shares") at a price of
3.21 pence per Ordinary Share. Following this purchase, Simon Douglas directly holds 818,865 Ordinary Shares
(excluding Ordinary Shares held by relatives of Simon Douglas), representing approximately 0.86 per cent. of the
Company's issued share capital.
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)
Details of the person discharging managerial responsibilities / person closely
associated
Name
Simon Douglas
Reason for the notification
Position/status
Non-Executive Chair
Initial notification /Amendment
Initial notification
Details of the issuer, emission allowance market participant, auction platform,
auctioneer or auction monitor
Name
Fusion Antibodies plc
LEI
213800KBAYRC9VOQ9V39
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 financial
ordinary shares of 4p each in Fusion Antibodies plc
instrument, type of instrument
Identification code
b)
Nature of the transaction
c)
Price(s) and volume(s)
d)
e)
f)
Aggregated information
- Aggregated volume
- Price
Date of the transaction
Place of the transaction
Identification code (ISIN) for Fusion Antibodies plc
ordinary shares: GB00BDQZGK16
Purchase of Ordinary Shares
Price(s)
Volume(s)
3.21p
150,000
- see above
- see above
22 July 2024
XLON, London Stock Exchange
Enquiries:
Fusion Antibodies plc
Adrian Kinkaid, Chief Executive Officer
Stephen Smyth, Chief Financial Officer
Allenby Capital Limited
James Reeve/Vivek Bhardwaj (Corporate Finance)
Tony Quirke/Joscelin Pinnington (Sales and Corporate Broking)
www.fusionantibodies.com
Via Walbrook PR
Tel: +44 (0) 20 3328 5656
Shard Capital Partners LLP
Damon Heath (Joint Broker)
Walbrook PR
Anna Dunphy
Tel: +44 (0) 207 186 9952
Tel: +44 (0)20 7933 8780 or fusion@walbrookpr.com
Mob: +44 (0)7876 741 001
About Fusion Antibodies plc
Fusion is a Belfast based contract research organisation ("CRO") providing a range of antibody engineering
services for the development of antibodies for both therapeutic drug and diagnostic applications.
The Company's ordinary shares were admitted to trading on AIM on 18 December 2017. Fusion provides a broad
range of services in antibody generation, development, production, characterisation and optimisation. These
services include antigen expression, antibody production, purification and sequencing, antibody humanisation
using Fusion's proprietary CDRx TM platform and the production of antibody generating stable cell lines to
provide material for use in clinical trials. Since 2012, the Company has successfully sequenced and expressed over
250 antibodies and successfully completed over 200 humanisation projects and has an international, blue-chip
client base, which has included eight of the top 10 global pharmaceutical companies by revenue.
The Company was established in 2001 as a spin out from Queen's University Belfast. The Company's mission is to
enable pharmaceutical and diagnostic companies to develop innovative products in a timely and cost-effective
manner for the benefit of the global healthcare industry. Fusion Antibodies provides a broad range of services in
antibody generation, development, production, characterisation and optimisation.
Fusion Antibodies growth strategy is based on combining the latest technological advances with cutting edge
science to deliver new platforms that will enable Pharma and Biotech companies get to the clinic faster, with the
optimal drug candidate and ultimately speed up the drug development process.
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