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Press Release

Verona Pharma plc : 1st Quarter Results

Verona Pharma plc
Posted on: 08 Mar 18

LONDON, March 08, 2018 (GLOBE NEWSWIRE) -- Verona Pharma plc (AIM:VRP) (Nasdaq:VRNA) ("Verona Pharma"), a clinical-stage biopharmaceutical company focused on developing and commercializing innovative therapies for respiratory diseases, announces that, on March 7, 2018, Dr. Jan-Anders Karlsson, Chief Executive Officer of the Company, purchased 3,250 ordinary shares of 5 pence each in the Company (the "Ordinary Shares") at a price of 148.64 pence per Ordinary Share.  Following the acquisition, Dr. Karlsson will have an interest in the Company of 92,400 Ordinary Shares, representing 0.09% of the Company's issued share capital.

The notification set out below is provided in accordance with the requirements of the EU Market Abuse Regulation.

1 Details of the person discharging managerial responsibilities/person closely associated
a)Name Jan-Anders Karlsson

 
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)NameVerona Pharma plc
b) LEI

 
213800EVI6O6J3TIAL06

 
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
Ordinary Shares of 5 pence each

GB00BYW2KH80
b) Nature of the transaction

 
Jan-Anders Karlsson purchased 3,250 Ordinary Shares
c)Price(s) and volume(s)Price(s)Volume(s)
   148.64 pence per 
Ordinary Share
3,250 Ordinary 
Shares
d) Aggregated information

-  Aggregated volume
-  Price
N/A

 
e) Date of the transaction

 
7 March 2018
f) Place of the transaction

 
London Stock Exchange, AIM
   

For further information, please contact:

Verona Pharma plcTel: +44 (0)20 3283 4200
Jan-Anders Karlsson, Chief Executive Officerinfo@veronapharma.com
  
Stifel Nicolaus Europe Limited (Nominated Adviser
and UK Broker)
Tel: +44 (0) 20 7710 7600
SNELVeronaPharma@stifel.com
Stewart Wallace / Jonathan Senior / Ben Maddison 


This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.

The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Verona Pharma plc via GlobeNewswire
HUG#2174735
GlobeNewswire
globenewswire.com

Last updated on: 09/03/2018

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