DUBLIN--(BUSINESS WIRE)--
Notification of Transactions of (1) Persons Discharging Managerial Responsibility and (2) Persons closely associated with Persons Discharging Managerial Responsibility
This form is intended for use by an issuer making a notification required by Rules 7.2 and 7.3 of the Central Bank of Ireland’s Market Abuse Rules in relation to a person falling within either of the above categories of individual. These categories are defined in Regulation 12 (8) of the Market Abuse (Directive 2003/6/EC) Regulations 2005 and are detailed as part of this form.
All relevant boxes should be completed in block capital letters.
| 1 |
Name of the Issuer
MAINSTAY MEDICAL INTERNATIONAL PUBLIC LIMITED COMPANY |
2 |
Name of person discharging managerial responsibilities
MR. ANTOINE PAPIERNIK |
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| 3 |
State whether notification relates to a person closely associated
with a person discharging managerial responsibilities named in 2 and
identify the connected person
SOFINNOVA PARTNERS SAS |
4 |
Indicate whether the notification is in respect of a holding of the
person referred to in 2 or 3 above or in respect of a non-beneficial
interest
NOTIFCATION IN RESPECT OF PERSON NAMED IN 3 ABOVE |
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| 5 |
Description of shares or derivatives or other financial instruments
linked to them
ORDINARY SHARES OF €0.001 EACH |
6 |
Name of registered shareholder(s) and, if more than one, number of
shares or derivatives or other financial instruments linked to them,
held by each shareholder
SOFINNOVA CAPITAL VI FCPR |
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| 7 |
State the nature of the transaction
SUBSCRIPTION FOR ORDINARY SHARES |
8 |
Number of shares, derivatives or other financial instruments linked
to them acquired
218,830 ORDINARY SHARES OF €0.001 EACH |
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| 9 |
Number of shares, derivatives or other financial instruments linked
to them disposed of
N/A |
10 |
Price per share or derivative or other financial instrument linked
to them or value of transaction
€21.15 PER SHARE |
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| 11 |
Date and place of transaction
2 MAY 2014, IRELAND |
12 |
Date issuer informed of transaction
12 MAY 2014 |
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| 13 |
Any additional information
N/A |
14 |
Name of contact and telephone number for queries
HUGH KAVANAGH
hugh.kavanagh@mainstay-medical.com +353 87 929 4468 |
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|
Name and signature of duly designated officer of issuer responsible for making notification
Hugh Kavanagh ______________________________________________
Date of notification __13/05/2014__________________________ |
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Regulation 12(8) of the Market Abuse (Directive 2003/6/EC) Regulations 2005 (‘the Regulations’) provides that:
“person discharging managerial responsibilities”, in relation to an issuer of financial instruments, means a person who is -
(a) a member of the administrative, management or supervisory bodies of the issuer, or
(b) a senior executive -
(i) who is not a member of the bodies referred to in paragraph (a) of this definition,
(ii) having regular access to inside information relating, directly or indirectly, to the issuer, and
(iii) having the power to make managerial decisions affecting the future developments and business prospects of the issuer.
“person closely associated”, in relation to a person discharging managerial responsibilities within an issuer of financial instruments, means -
(a) the spouse of the person discharging managerial responsibilities,
(b) dependent children of the person discharging managerial responsibilities,
(c) other relatives of the person discharging managerial responsibilities, who have shared the same household as that person for at least one year on the date of the transaction concerned,
(d) any person -
(i) the managerial responsibilities of which are discharged by a person -
(i) discharging managerial responsibilities within the issuer, or
(ii) referred to in paragraph (a), (b) or (c) of this definition,
(ii) that is directly or indirectly controlled by a person referred to in subparagraph (i) of paragraph (d) of this definition,
(iii) that is set up for the benefit of a person referred to in subparagraph (i) of paragraph (d) of this definition, or
(iv) the economic interests of which are substantially equivalent to those of a person referred to in subparagraph (i) of paragraph (d) of this definition;