Motif Bio PLC Director/PDMR Shareholding (5129E)

TIDMMTFB

RNS Number : 5129E

Motif Bio PLC

18 July 2016

Motif Bio plc

("Motif Bio" or the "Company")

Notification and public disclosure of transactions by PDMR and persons closely associated with them

Motif Bio plc (AIM: MTFB), the clinical stage biopharmaceutical company specialising in developing novel antibiotics, announces that on 15 July 2016 it was notified that Amphion Innovations plc ("Amphion") had pledged an additional 1,400,000 ordinary shares of 1 penny each in the capital of Motif Bio as security to a draw-down of an additional tranche of Amphion's loan facility (the "Share Pledge"). In total, Amphion has pledged 16,306,145 ordinary shares in the Company in relation to the Share Pledge. As a result of the Share Pledge, Amphion will transfer legal title to but will retain the beneficial interest in these pledged ordinary shares. Richard Morgan and Robert Bertoldi, non-executive Chairman and executive director of the Company respectively, are also directors of Amphion (the "Amphion Directors"). Amphion is therefore a "Person Closely Associated" with the Amphion Directors under the Market Abuse Regulation.

The Share Pledge does not change the number of ordinary shares of the Company in issue.

For further information please contact:

 
 Motif Bio plc                          info@motifbio.com 
 Graham Lumsden (Chief 
  Executive Officer) 
 
 Zeus Capital Limited 
  (NOMAD & BROKER)                    +44 (0)20 3829 5000 
 Phil Walker/Giles Balleny 
 Dominic Wilson 
 
 Northland Capital Partners 
  Limited (BROKER)                    +44 (0)203 861 6625 
 Patrick Claridge/ David 
  Hignell 
 John Howes/ Rob Rees 
  (Broking) 
 
 Walbrook PR Ltd. (FINANCIAL      +44 (0) 20 7933 8780 or 
  PR & IR)                        motifbio@walbrookpr.com 
 Paul McManus                        Mob: +44 (0)7980 541 
                                                      893 
 Mike Wort                           Mob: +44 (0)7900 608 
                                                      002 
 
 MC Services AG (EUROPEAN 
  IR)                                  +49 (0)89 210 2280 
 Raimund Gabriel 
 
 
 
 
 1        Details of the person discharging managerial responsibilities/person closely associated 
-------  ----------------------------------------------------------------------------------------------- 
 a)       Name                                          Amphion Innovations Plc 
-------  --------------------------------------------  ------------------------------------------------- 
 2        Reason for the notification 
-------  ----------------------------------------------------------------------------------------------- 
                                                        Person Closely Associated with 
 a)        Position/status                               PDMRs of Motif Bio Plc (Robert 
                                                         Bertoldi and Richard Morgan) 
-------  --------------------------------------------  ------------------------------------------------- 
 b)       Initial notification/Amendment                Initial Notification 
-------  --------------------------------------------  ------------------------------------------------- 
 3        Details of the issuer, emission allowance market participant, auction platform, auctioneer 
           or auction monitor 
-------  ----------------------------------------------------------------------------------------------- 
 a)       Name                                          Motif Bio Plc 
-------  --------------------------------------------  ------------------------------------------------- 
 b)       LEI                                           N/A 
-------  --------------------------------------------  ------------------------------------------------- 
 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                            Ordinary Shares 
           financial instrument, 
           type of instrument                            ISIN GB00BVVT4H71 
 
           Identification code 
-------  --------------------------------------------  ------------------------------------------------- 
 b)       Nature of the transaction                     Transfer of the legal but not 
                                                         beneficial interest in 1,400,000 
                                                         Ordinary Shares by way of a pledge 
                                                         for a loan 
-------  --------------------------------------------  ------------------------------------------------- 
 c)       Price(s) and volume(s)                         Price(s)    Volume(s) 
                                                         ----------  ---------- 
                                                          N/A         1,400,000 
                                                         ----------  ---------- 
-------  --------------------------------------------  ------------------------------------------------- 
 d)       Aggregated information                         Price(s)    Volume(s) 
                                                         ----------  ---------- 
                                                          N/A         1,400,000 
                                                         ----------  ---------- 
-------  --------------------------------------------  ------------------------------------------------- 
 e)       Date of the transaction                       15 July 2016 
-------  --------------------------------------------  ------------------------------------------------- 
 f)       Place of the transaction                      N/A 
-------  --------------------------------------------  -------------------------------------------------

This information is provided by RNS

The company news service from the London Stock Exchange

END

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July 18, 2016 11:38 ET (15:38 GMT)

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