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NetScientific PLC - NSCI
PDS Biotechnology proposed offering
Released 14:24 11-Feb-2020



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.£9.3 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 £0.5 million in the offering.

A further announcement will be made as soon as appropriate.

For more information, please contact:

NetScientificTel: 020 3514 1800

Ian Postlethwaite, CEO and

CFO

Tel: 020 7220 1666

WH Ireland (NOMAD and Broker)

Chris Fielding / Darshan Patel


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PDS Biotechnology proposed offering - RNS

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NetScientific plc published this content on 11 February 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 February 2020 14:27:06 UTC