25 July 2017
This announcement contains inside information.
Collagen Solutions plc (AIM: COS), the developer and manufacturer of medical grade collagen components for use in regenerative medicine, medical devices and in-vitro diagnostics, announces that it was notified today that David Evans, Chairman of the Company, has purchased 900,000 ordinary shares in the Company ("Ordinary Shares") at 5.1 pence per Ordinary Share.
Following the transaction, David Evans' total beneficial holding in the Company has increased to 39,394,554 Ordinary Shares representing 12.15 per cent. of the issued ordinary share capital of the Company.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
|1||Details of the person discharging managerial responsibilities / person closely associated|
|2||Reason for the notification|
|b)||Initial notification / Amendment||Initial|
|3||Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor|
|a)||Name||Collagen Solutions plc|
|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
|Ordinary shares of 1p each
|b)||Nature of the transaction||Purchase of shares|
|c)||Price(s) and volume(s)||
- Aggregated volume
N/A - single transaction
|e)||Date of the transaction||25 July 2017|
|f)||Place of the transaction||London Stock Exchange|
About Collagen Solutions:
Collagen Solutions Plc is a global supplier, developer, and manufacturer of medical grade collagen, tissues, and related medical devices and components for use in regenerative medicine, medical devices and in-vitro diagnostics and research. The Company is also expanding its range of biomaterials-based finished medical devices based on its internal and acquired intellectual property for commercialisation with partners via licensing and distribution arrangements, including ChondroMimetic, an osteochondral scaffold for repairing cartilage defects in the knee. The Company's products are used in a wide variety of applications including orthopaedics, cardiovascular, dental, plastic surgery, wound healing, neurology and urology.
For additional information on Collagen Solutions, please visit: www.collagensolutions.com
|Collagen Solutions Plc
Jamal Rushdy, Chief Executive Officer
Gill Black, Chief Financial Officer
|Contact via Walbrook|
|Cenkos Securities plc (Nominated Adviser and Broker)
|Tel: 0207 397 8900|
|Tel: 020 7933 8780 or firstname.lastname@example.org
Mob: 07900 608 002
Mob: 07876 741 001