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Mereo BioPharma Group plc PDMR Notification London and Redwood City, Calif .

Key Takeaway: Mereo BioPharma Group plc City, Calif., October 12, 2020 Mereo BioPharma Group plc (NASDAQ: MREO, AIM: MPH), Mereo or the Company , a clinical-stage biopharmaceutical company focused on oncology and rare diseases, received notification that on October 09, 2020, Charles Sermon,

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+277%
120-day peak, hindsight
Typical move
10.9%
average across 3 past catalysts
Cash runway
~15 mo
Low dilution risk
Lead asset
Demcizumab
Phase 2 · Pancreatic Cancer

Full Press Release Details

Mereo BioPharma Group plc
City, Calif., October 12, 2020 Mereo BioPharma Group plc (NASDAQ: MREO, AIM: MPH), Mereo or the Company , a clinical-stage biopharmaceutical company focused on oncology and rare diseases, received notification that
on October 09, 2020, Charles Sermon, General Counsel at Mereo, purchased 18,405 American Depositary Shares (ADSs) at a price of USD 2.41 per ADS.
below announcement and notification is made in accordance with the EU Market Abuse Regulation. The form required under the EU Market Abuse Regulation follows.
1 Details of the person discharging managerial responsibilities
a) Name Charles Sermon
2 Reason for the notification
a) Position/status General Counsel
b) Initial notification/Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name Mereo BioPharma Group plc
b) LEI 213800U8JQHIJOS5AS09
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 and identification code AMERICAN DEPOSITARY SHARE (ADS) EACH REPRESENTING 5 MEREO BIOPHARMA GROUP PLC ORDINARY SHARES OF 0.003 EACH
b) Nature of the transaction PURCHASE
c) Price(s) and volume(s)
Price(s) Volume(s)
USD 2.41 18,405
d) Aggregated information: volume, Price
e) Date of the transaction 2020-10-09
f) Place of the transaction XNMS (Nasdaq Global Market)
Last updated: Oct 12, 2020