Recent Updates
Recently added Catalysts
MESO Positive Sentiment

Appendix 3Y Change of Director's Interest Notice + See chapter 19 for defined terms. Appendix 3Y Page 2 01/01/2011 No. of securities held after change 4,330,765 options 21,428 ADS *Please note, Dr Rose will be issued 5,0

Key Takeaway: Mesoblast Limited announced a change in director's interest notice regarding Dr. Eric Rose, who has acquired 21,428 ADS. This acquisition was part of an on-market share purchase valued at approximately US$142,318.35. Additionally, Dr. Rose is set to be issued 5,039,814 ordinary shares pending shareholder approval at the 2024 Annual General Meeting. These changes showcase a continued commitment from the director despite the uncertainty surrounding shareholder approval.
Price reaction · baseline $7.29 (2024-05-02 close) · hit after-hours · clean, no other MESO news in the window
day 0 close · peak
+2.9%

Market Sentiment Analysis

POSITIVE FACTORS

  • Dr. Eric Rose has increased his holdings in Mesoblast Limited, indicating confidence in the company's future.
  • The acquisition of over 21,000 American Depositary Shares (ADS) reflects ongoing commitment from leadership.
  • The planned issuance of over 5 million ordinary shares suggests potential positive developments pending shareholder approval.

CONCERNS & RISKS

  • The change in director's interest is subject to shareholder approval, which introduces uncertainty.
  • No direct disposal of shares has occurred, which might indicate a lack of liquidity in the market.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+91%
120-day peak, hindsight
Typical move
31.6%
average across 4 past catalysts
Lead asset
Prochymal
Phase 2 · Pulmonary Disease, Chronic Obstructive

Full Press Release Details

Appendix 3Y Change of Director's Interest Notice + See chapter 19 for defined terms. 01/01/2011 Appendix 3Y Page 1 Rule 3.19A.2 Appendix 3Y Change of Director's Interest Notice Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public. Introduced 30/09/01 Amended 01/01/11 Name of entity Mesoblast Limited ABN 68 109 431 870 We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act. Name of Director Dr Eric Rose Date of last notice 15 January 2024 Part 1 - Change of director's relevant interests in securities In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust Note: In the case of a company, interests which come within paragraph (i) of the definition of "notifiable interest of a director" should be disclosed in this part. Direct or indirect interest Indirect interest Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest. Interest in ordinary shares held in the form of American Depositary Shares ("ADSs") held by custodian JP Morgan Nominees Australia Pty Limited. Direct interest in the ADSs. Date of change 30 April 2024 No. of securities held prior to change 4,330,765 options *Please note, Dr Rose will be issued 5,039,814 ordinary shares subject to shareholder approval at the 2024 Annual General Meeting Class American Depositary Shares. Each ADS represents 10 ordinary shares. Number acquired 21,428 ADS Number disposed Not applicable Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation US$142,318.35 (US$6.6417 per ADS) Exhibit 99.1
Appendix 3Y Change of Director's Interest Notice + See chapter 19 for defined terms. Appendix 3Y Page 2 01/01/2011 No. of securities held after change 4,330,765 options 21,428 ADS *Please note, Dr Rose will be issued 5,039,814 ordinary shares subject to shareholder approval at the 2024 Annual General Meeting Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back On-market share purchase on the Nasdaq Part 2 - Change of director's interests in contracts Note: In the case of a company, interests which come within paragraph (ii) of the definition of "notifiable interest of a director" should be disclosed in this part. Detail of contract Not applicable Nature of interest Not applicable Name of registered holder (if issued securities) Not applicable Date of change Not applicable No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed Not applicable Interest acquired Not applicable Interest disposed Not applicable Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation Not applicable Interest after change Not applicable Part 3 - +Closed period Were the interests in the securities or contracts detailed above traded during a +closed period where prior written clearance was required? No If so, was prior written clearance provided to allow the trade to proceed during this period? Not applicable
Appendix 3Y Change of Director's Interest Notice + See chapter 19 for defined terms. 01/01/2011 Appendix 3Y Page 3 If prior written clearance was provided, on what date was this provided? Not applicable

Frequently Asked Questions

What is the purpose of a Change of Director's Interest Notice?

It reports changes in a director's relevant interests in a company's securities.

Who is the director mentioned in the notice?

The notice references Dr. Eric Rose, a director of Mesoblast Limited.

When did Dr. Rose last update his interests?

Dr. Rose's last notice was on January 15, 2024.

How many ADS did Dr. Rose acquire?

Dr. Rose acquired 21,428 American Depositary Shares (ADS).

What is the value of the securities acquired?

The total value of the acquired ADS is approximately US$142,318.35.

Last updated: May 3, 2024