Investor Alert

New York Markets Open in:

press release

Oct. 20, 2021, 2:00 a.m. EDT

Tiziana Life Sciences plc: PDMR Dealing

LONDON and NEW YORK, Oct 20, 2021 (GLOBE NEWSWIRE via COMTEX) -- LONDON and NEW YORK, Oct. 20, 2021 (GLOBE NEWSWIRE) -- Tiziana Life Sciences plc ("Tiziana" or the "Company"), a biotechnology company focused on innovative therapeutics for oncology, inflammation and infectious diseases, today announces that it has been notified that Panetta Partners Limited, an entity in which Gabriele Cerrone, the Executive Chairman has a beneficial interest, purchased 60,000 ordinary shares of 3p each in the market at a price of 55p per share.

The acquisition takes Mr Cerrone's interests from 34.208% to 34.238% (within the 1% incremental threshold under Note 11 to Rule 9 of the UK Takeover Code).

1. Details of PDMR / person closely associated
a) Name Gabriele Cerrone
2. Reason for the notification
a) Position / status Chairman
b) Initial notification /amendment Initial notification
3. Details of the issuer
a) Name Tiziana Life Sciences plc
b) LEI 213800CED47HI8PIOB36
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 Ordinary Shares of 3p each
b) Identification code of the Financial Instrument ISIN for Tiziana Life Sciences plc: GB00BKWNZY55
c) Nature of the transaction Market Purchase
d) Price(s) and volume(s) 55p

f) Date of the transaction 4 October 2021
g) Place of the transaction XLON

About Tiziana Life Sciences

Tiziana Life Sciences plc is a dual listed /zigman2/quotes/207307745/composite TLSA -4.32% (uk lse:TILS) biotechnology company that focuses on the discovery and development of novel molecules to treat human diseases in oncology, inflammation and infectious diseases. In addition to Milciclib, the Company will be shortly initiating Phase 2 studies with orally administered Foralumab for Crohn's Disease and nasally administered Foralumab for progressive multiple sclerosis. Foralumab is the only fully human anti-CD3 monoclonal antibody ("mAb") in clinical development in the world. This Phase 2 compound has potential application in a wide range of autoimmune and inflammatory diseases, such as Crohn's Disease, multiple sclerosis, type-1 diabetes ("T1D"), inflammatory bowel disease ("IBD"), psoriasis and rheumatoid arthritis, where modulation of a T-cell response is desirable. The Company is accelerating development of anti-Interleukin 6 receptor ("IL6R") mAb, a fully human monoclonal antibody for treatment of IL6-induced inflammation, especially for treatment of COVID-19 patients.

For further enquiries:

Tiziana Life Sciences plc +44 (0)20 7495 2379
Gabriele Cerrone, Chairman, and founder
United States:
Dave Gentry, CEO
RedChip Companies Inc.


Is there a problem with this press release? Contact the source provider Comtex at editorial@comtex.com. You can also contact MarketWatch Customer Service via our Customer Center.

(C) Copyright 2021 GlobeNewswire, Inc. All rights reserved.

US : U.S.: Nasdaq
$ 0.68
-0.03 -4.32%
Volume: 132,537
May 24, 2022 4:00p
P/E Ratio
Dividend Yield
Market Cap
$69.16 million
Rev. per Employee

Partner Center

Link to MarketWatch's Slice.