{"id":384178,"date":"2020-11-18T10:19:14","date_gmt":"2020-11-18T15:19:14","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=384178"},"modified":"2020-11-18T10:19:14","modified_gmt":"2020-11-18T15:19:14","slug":"tiziana-life-sciences-plc-tiziana-or-the-company-pdmr-dealing","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/tiziana-life-sciences-plc-tiziana-or-the-company-pdmr-dealing\/","title":{"rendered":"Tiziana Life Sciences PLC\u00a0(&#8220;Tiziana&#8221; or the &#8220;Company&#8221;) &#8211;\u00a0PDMR Dealing"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">LONDON and NEW YORK, Nov.  18, 2020  (GLOBE NEWSWIRE) &#8212; Tiziana Life Sciences plc (Nasdaq: TLSA \/ AIM: TILS) (&#8220;<strong>Tiziana<\/strong>&#8221; or the &#8220;<strong>Company<\/strong>&#8220;), a biotechnology company focused on innovative therapeutics for oncology, inflammation and infectious diseases, today announces that it has been notified that Panetta Partners Limited, an entity in which Gabriele Cerrone, the Executive Chairman has a beneficial interest, purchased 45,000 ordinary shares of 3p each in the market at a price of 84p per share.<\/p>\n<p align=\"both\">The acquisition takes Mr Cerrone&#8217;s interests from 34.029% to 34.052% (within the 1% incremental threshold under Note 11 to Rule 9 of the UK Takeover Code).<\/p>\n<table style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;border-collapse: collapse;width:100%;border-collapse:collapse\">\n<tr>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: top\">1.<\/td>\n<td colspan=\"2\" style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;vertical-align: top\">Details of PDMR \/ person closely associated<\/td>\n<\/tr>\n<tr>\n<td style=\"max-width:2%;width:2%;min-width:2%;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: top\">a)<\/td>\n<td style=\"max-width:29%;width:29%;min-width:29%;border-right: solid black 1pt;border-bottom: solid black 1pt;vertical-align: top\">Name<\/p>\n<\/td>\n<td style=\"max-width:69%;width:69%;min-width:69%;border-right: solid black 1pt;border-bottom: solid black 1pt;vertical-align: top\">Gabriele Cerrone<\/td>\n<\/tr>\n<tr>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: top\">2.<\/td>\n<td colspan=\"2\" style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;vertical-align: top\">Reason for the notification<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: top\">a)<\/td>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;vertical-align: top\">Position \/ status<\/p>\n<\/td>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;vertical-align: top\">Executive Chairman<\/td>\n<\/tr>\n<tr>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: top\">b)<\/td>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;vertical-align: top\">Initial notification \/amendment<\/p>\n<\/td>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;vertical-align: top\">Initial notification<\/td>\n<\/tr>\n<tr>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: top\">3.<\/td>\n<td colspan=\"2\" style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;vertical-align: top\">Details of the issuer<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: top\">a)<\/td>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;vertical-align: top\">Name<\/p>\n<\/td>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;vertical-align: top\">Tiziana Life Sciences plc<\/td>\n<\/tr>\n<tr>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: top\">b)<\/td>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;vertical-align: top\">LEI<\/p>\n<\/td>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;vertical-align: top\">213800CED47HI8PIOB36<\/td>\n<\/tr>\n<tr>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: top\">4.<\/td>\n<td colspan=\"2\" style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;vertical-align: top\">Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type\u00a0 of transaction; (iii) each date; and (iv) each place where transactions have\u00a0 been conducted<\/td>\n<\/tr>\n<tr>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: top\">a)<\/td>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;vertical-align: top\">Description of the financial instrument<\/p>\n<\/td>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;vertical-align: top\">Ordinary Shares of 3p each<\/td>\n<\/tr>\n<tr>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: top\">b)<\/td>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;vertical-align: top\">Identification code of the Financial Instrument<\/p>\n<\/td>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;vertical-align: top\">ISIN for Tiziana Life Sciences plc: GB00BKWNZY55<\/td>\n<\/tr>\n<tr>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: top\">c)<\/td>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;vertical-align: top\">Nature of the transaction<\/p>\n<\/td>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;vertical-align: top\">Market Purchase<\/td>\n<\/tr>\n<tr>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: top\">d)<\/td>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;vertical-align: top\">Price(s) and volume(s)<\/td>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;vertical-align: top\">84p <\/p>\n<p>45,000<\/td>\n<\/tr>\n<tr>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: top\">f)<\/td>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;vertical-align: top\">Date of the transaction<\/p>\n<\/td>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;vertical-align: top\">18 November 2020<\/td>\n<\/tr>\n<tr>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: top\">g)<\/td>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;vertical-align: top\">Place of the transaction<\/p>\n<\/td>\n<td style=\"border-right: solid black 1pt;border-bottom: solid black 1pt;vertical-align: top\">XLON \u00a0<\/td>\n<\/tr>\n<\/table>\n<p align=\"both\">\n        <strong>About Tiziana Life Sciences<\/strong>\n      <\/p>\n<p align=\"both\">Tiziana Life Sciences plc is a dual listed (NASDAQ: TLSA &amp; UK AIMS: TILS) biotechnology company that focuses on the discovery and development of novel molecules to treat human diseases in oncology, inflammation and infectious diseases. In addition to milciclib, the Company will be shortly initiating phase 2 studies with orally administered foralumab for Crohn\u2019s Disease and nasally administered foralumab for progressive multiple sclerosis. Foralumab is the only fully human anti-CD3 monoclonal antibody (mAb) in clinical development in the world. This phase II compound has potential application in a wide range of autoimmune and inflammatory diseases, such as Crohn\u2019s Disease, multiple sclerosis, type-1 diabetes (T1D), inflammatory bowel disease (IBD), psoriasis and rheumatoid arthritis, where modulation of a T-cell response is desirable. The company is accelerating development of anti-Interleukin 6 receptor (IL6R) mAb, a fully human monoclonal antibody for treatment of IL6-induced inflammation, especially for treatment of COVID-19 patients.<\/p>\n<p align=\"both\">This announcement contains inside information for the purposes of Article 7 of EU Regulation 596\/2014. The person who arranged the release of this information is Keeren Shah, Finance Director of Tiziana.<\/p>\n<p align=\"both\">\n        <strong><br \/>\n          <u>For further enquiries:<\/u><br \/>\n        <\/strong>\n      <\/p>\n<p align=\"both\">United Kingdom Investors:<\/p>\n<table style=\"border-collapse: collapse;width:100%;border-collapse:collapse\">\n<tr>\n<td style=\"max-width:34%;width:34%;min-width:34%;vertical-align: top\">\n            <strong>Tiziana Life Sciences plc<\/strong><br \/>\n            <br \/>Gabriele Cerrone, Chairman and founder<\/td>\n<td style=\"max-width:1%;width:1%;min-width:1%;vertical-align: top\">\u00a0<\/td>\n<td style=\"max-width:65%;width:65%;min-width:65%;vertical-align: top\">+44 (0)20 7495 2379<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: top\">\u00a0<\/td>\n<td style=\"vertical-align: top\">\u00a0<\/td>\n<td style=\"vertical-align: top\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: top\">\n            <strong>Cairn Financial Advisers LLP<\/strong> (Nominated Adviser)<br \/>Liam Murray \/ Jo Turner<\/td>\n<td style=\"vertical-align: top\">\u00a0<\/td>\n<td style=\"vertical-align: top\">+44 (0)20 7213 0880<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: top\">\u00a0<\/td>\n<td style=\"vertical-align: top\">\u00a0<\/td>\n<td style=\"vertical-align: top\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: top\">\n            <strong>Optiva<\/strong><br \/>\n            <strong> Securities Limited (Broker)<\/strong><br \/>\n            <br \/>Robert Emmet<\/td>\n<td style=\"vertical-align: top\">\u00a0<\/td>\n<td style=\"vertical-align: top\">+ 44 (0)20 3981 4173<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: top\">\u00a0<\/td>\n<td style=\"vertical-align: top\">\u00a0<\/td>\n<td style=\"vertical-align: top\">\u00a0<\/td>\n<\/tr>\n<\/table>\n<p align=\"both\">United States Investors:<\/p>\n<table style=\"border-collapse: collapse;width:100%;border-collapse:collapse\">\n<tr>\n<td style=\"max-width:34%;width:34%;min-width:34%;vertical-align: top\">Dave Gentry<br \/>RedChip Companies Inc.<\/td>\n<td style=\"max-width:1%;width:1%;min-width:1%;vertical-align: top\">\u00a0<\/td>\n<td style=\"max-width:65%;width:65%;min-width:65%;vertical-align: top\">Office 1 800 RED CHIP (733 2447)<br \/>Cell 407-491-4498 (USA)<br \/><a href=\"mailto:dave@redchip.com\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">dave@redchip.com<\/a><\/td>\n<\/tr>\n<\/table>\n<p>\u00a0<\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA4ODUwMyMzODMzNzU5IzIxMjM4ODU=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/35dae0dc-debd-493f-bfca-d94c2e8a7d52\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>LONDON and NEW YORK, Nov. 18, 2020 (GLOBE NEWSWIRE) &#8212; Tiziana Life Sciences plc (Nasdaq: TLSA \/ AIM: TILS) (&#8220;Tiziana&#8221; or the &#8220;Company&#8220;), a biotechnology company focused on innovative therapeutics for oncology, inflammation and infectious diseases, today announces that it has been notified that Panetta Partners Limited, an entity in which Gabriele Cerrone, the Executive Chairman has a beneficial interest, purchased 45,000 ordinary shares of 3p each in the market at a price of 84p per share. The acquisition takes Mr Cerrone&#8217;s interests from 34.029% to 34.052% (within the 1% incremental threshold under Note 11 to Rule 9 of the UK Takeover Code). 1. Details of PDMR \/ person closely associated a) Name Gabriele Cerrone 2. Reason for the notification &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/tiziana-life-sciences-plc-tiziana-or-the-company-pdmr-dealing\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Tiziana Life Sciences PLC\u00a0(&#8220;Tiziana&#8221; or the &#8220;Company&#8221;) &#8211;\u00a0PDMR Dealing&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-384178","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Tiziana Life Sciences PLC\u00a0(&quot;Tiziana&quot; or the &quot;Company&quot;) -\u00a0PDMR Dealing - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/tiziana-life-sciences-plc-tiziana-or-the-company-pdmr-dealing\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tiziana Life Sciences PLC\u00a0(&quot;Tiziana&quot; or the &quot;Company&quot;) -\u00a0PDMR Dealing - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"LONDON and NEW YORK, Nov. 18, 2020 (GLOBE NEWSWIRE) &#8212; Tiziana Life Sciences plc (Nasdaq: TLSA \/ AIM: TILS) (&#8220;Tiziana&#8221; or the &#8220;Company&#8220;), a biotechnology company focused on innovative therapeutics for oncology, inflammation and infectious diseases, today announces that it has been notified that Panetta Partners Limited, an entity in which Gabriele Cerrone, the Executive Chairman has a beneficial interest, purchased 45,000 ordinary shares of 3p each in the market at a price of 84p per share. The acquisition takes Mr Cerrone&#8217;s interests from 34.029% to 34.052% (within the 1% incremental threshold under Note 11 to Rule 9 of the UK Takeover Code). 1. Details of PDMR \/ person closely associated a) Name Gabriele Cerrone 2. Reason for the notification &hellip; Continue reading &quot;Tiziana Life Sciences PLC\u00a0(&#8220;Tiziana&#8221; or the &#8220;Company&#8221;) &#8211;\u00a0PDMR Dealing&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/tiziana-life-sciences-plc-tiziana-or-the-company-pdmr-dealing\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-18T15:19:14+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA4ODUwMyMzODMzNzU5IzIxMjM4ODU=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/tiziana-life-sciences-plc-tiziana-or-the-company-pdmr-dealing\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/tiziana-life-sciences-plc-tiziana-or-the-company-pdmr-dealing\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Tiziana Life Sciences PLC\u00a0(&#8220;Tiziana&#8221; 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Tiziana Life Sciences plc (Nasdaq: TLSA \/ AIM: TILS) (&#8220;Tiziana&#8221; or the &#8220;Company&#8220;), a biotechnology company focused on innovative therapeutics for oncology, inflammation and infectious diseases, today announces that it has been notified that Panetta Partners Limited, an entity in which Gabriele Cerrone, the Executive Chairman has a beneficial interest, purchased 45,000 ordinary shares of 3p each in the market at a price of 84p per share. The acquisition takes Mr Cerrone&#8217;s interests from 34.029% to 34.052% (within the 1% incremental threshold under Note 11 to Rule 9 of the UK Takeover Code). 1. Details of PDMR \/ person closely associated a) Name Gabriele Cerrone 2. Reason for the notification &hellip; Continue reading \"Tiziana Life Sciences PLC\u00a0(&#8220;Tiziana&#8221; or the &#8220;Company&#8221;) &#8211;\u00a0PDMR Dealing\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/tiziana-life-sciences-plc-tiziana-or-the-company-pdmr-dealing\/","og_site_name":"Market Newsdesk","article_published_time":"2020-11-18T15:19:14+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA4ODUwMyMzODMzNzU5IzIxMjM4ODU=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/tiziana-life-sciences-plc-tiziana-or-the-company-pdmr-dealing\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/tiziana-life-sciences-plc-tiziana-or-the-company-pdmr-dealing\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Tiziana Life Sciences PLC\u00a0(&#8220;Tiziana&#8221; 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