Change of Director's Interest Notice
Released
Released
Announcement PDF
Neuren (NEU) – Change of Director’s Interest Notice
14 June 2023
The attached Appendix 3Y (Change of Director’s Interest Notice) details a sale today of 1,175,000 shares
at $13 per share on behalf of Trevor Scott. Trevor has been a non-executive director and major
shareholder since Neuren’s inception more than 20 years ago, providing commitment, leadership and
financial support during that period. Following the sale he remains a major shareholder, retaining an
interest in 2.4 million shares.
About Neuren
Neuren is developing new drug therapies to treat multiple serious neurological disorders that emerge in
early childhood and have no or limited approved treatment options.
DAYBUE™ (trofinetide) is approved by the US Food and Drug Administration (FDA) for the treatment of
Rett syndrome in adult and pediatric patients two years of age and older. Neuren has granted an
exclusive licence to Acadia Pharmaceuticals Inc. for the development and commercialisation of
trofinetide in North America, while retaining all rights outside North America.
Neuren is conducting Phase 2 trials of its second drug candidate, NNZ-2591, for each of PhelanMcDermid syndrome, Angelman syndrome, Pitt Hopkins syndrome and Prader-Willi syndrome.
Recognising the urgent unmet need, all programs have been granted “orphan drug” designation in the
United States. Orphan drug designation provides incentives to encourage development of therapies for
rare and serious diseases.
1 of 1
Appendix 3Y
Change of Director’s Interest Notice
Appendix 3Y
Rule 3.19A.2
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:
Neuren Pharmaceuticals Limited
ARBN:
111 496 130
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
Mr Trevor Donald Scott
Date of last notice
11 August 2020
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
Direct and Indirect interest
Nature of indirect interest
(including registered holder)
Beneficiary of Ordinary Shares under registered
holders Essex Castle Limited and Centralo Limited.
Note: Provide details of the circumstances giving rise to the relevant
interest.
Date of change
14 June 2023
No. of securities held prior to change
3,589,784 Ordinary shares
Class
Ordinary shares
Number acquired
Number disposed
1,175,000 Ordinary shares
Value/Consideration
$15,275,000 ($13.00 per share)
Note: If consideration is non-cash, provide details and estimated valuation
No. of securities held after change
+ See chapter 19 for defined terms.
01/01/2011 Appendix 3Y Page 1
2,414,784 Ordinary shares
Appendix 3Y
Change of Director’s Interest Notice
Nature of change
On-market trade
Example: on-market trade, off-market trade, exercise of options, issue of
securities under dividend reinvestment plan, participation in buy-back
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 Not applicable
interest related prior to change
Note: Details are only required for a contract in relation
to which the interest has changed
Interest acquired
Not applicable
Interest disposed
Not applicable
Value/Consideration
Not applicable
Note: If consideration is non-cash, provide details and an
estimated valuation
Interest after change
Not applicable
Part 3 – +Closed period
Were the interests in the securities or contracts detailed No
above traded during a +closed period where prior written
clearance was required?
If so, was prior written clearance provided to allow the trade Not applicable
to proceed during this period?
If prior written clearance was provided, on what date was this Not applicable
provided?
+ See chapter 19 for defined terms.
Appendix 3Y Page 2
01/01/2011
Share your feedback
Discover