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Exercise of Options, Issue of Equity and TVR

23rd Nov 2020 07:00

RNS Number : 0849G
Diurnal Group PLC
23 November 2020
 

23 November 2020

 

 

Diurnal Group plc

("Diurnal" or the "Company")

 

Exercise of Options, Issue of Equity and Total Voting Rights

 

Diurnal Group plc (AIM: DNL), the specialty pharmaceutical company targeting patient needs in chronic endocrine (hormonal) diseases, announces the issue and allotment of 3,553 new ordinary shares of 5 pence each in the capital of the Company ("Ordinary Shares") following the exercise of share options under the Company's Long Term Incentive Plan by an employee.

 

Application has been made to the London Stock Exchange for the new Ordinary Shares to be admitted to trading on AIM ("Admission") and it is expected that Admission will become effective and trading will commence at 8.00 a.m. on 24 November 2020.

 

After Admission, the total number of Ordinary Shares in issue will be 138,328,939 and the total number of voting rights will therefore be 138,328,939. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

 

 

For further information, please visit www.diurnal.co.uk or contact:

Diurnal Group plc

+44 (0)20 3727 1000

Martin Whitaker, Chief Executive Officer

Richard Bungay, Chief Financial Officer

Panmure Gordon (UK) Limited (Nominated Adviser and Sole Broker)

+44 (0)20 7886 2500

Corporate Finance: Freddy Crossley, Emma Earl

Corporate Broking: Rupert Dearden

FTI Consulting (Media and Investor Relations)

+44 (0)20 3727 1000

Simon Conway

Victoria Foster Mitchell

 

 

Notes to Editors

 

 

About Diurnal Group plc

 

Founded in 2004, Diurnal is a UK-headquartered, European specialty pharma company developing high quality products for the global market for the life-long treatment of chronic endocrine conditions, including congenital adrenal hyperplasia, adrenal insufficiency and hypogonadism. Its expertise and innovative research activities focus on circadian-based endocrinology to yield novel product candidates in the rare and chronic endocrine disease arena.

 

For further information about Diurnal, please visit www.diurnal.co.uk

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