TIDMNSCI

RNS Number : 6657C

NetScientific PLC

11 February 2020

NetScientific plc

("NetScientific" or the "Company")

PDS Biotechnology proposed offering

NetScientific plc ("NetScientific", AIM:NSCI), the transatlantic healthcare IP commercialisation group, announces that its portfolio company PDS Biotechnology Corporation ("PDS") (Nasdaq:PDSB) today made a further announcement concerning its proposed offering to raise approximately US$12 million (c.GBP9.3 million).

PDS mentioned in today's announcement that, in connection with NetScientific's expression of interest to subscribe in its offering, upon consummation of the offering it will appoint a designee of NetScientific to its board of directors.

NertScientific is considering investing GBP0.5 million in the offering.

A further announcement will be made as soon as appropriate.

For more information, please contact:

     NetScientific                      Tel: 020 3514 1800

Ian Postlethwaite, CEO and

CFO

Tel: 020 7220 1666

WH Ireland (NOMAD and Broker)

Chris Fielding / Darshan Patel

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

MSCKKDBBQBKDBBD

(END) Dow Jones Newswires

February 11, 2020 09:24 ET (14:24 GMT)

Netscientific (LSE:NSCI)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more Netscientific Charts.
Netscientific (LSE:NSCI)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more Netscientific Charts.