Additional Listing of Shares

RNS Number : 7325U

Genedrive PLC

06 December 2021

 

genedrive plc

("genedrive" or the "Company")

Additional Listing of Shares

genedrive plc (AIM: GDR), the near patient molecular diagnostics company,  announces that 500,000 new Ordinary Shares of 1.5p each in the Company ('New Ordinary Shares') have been issued to the former owner of Visible Genomics Limited as part of a Deed of Amendment agreed in December 2018. This is the final tranche of new ordinary shares to be issued pursuant to the original sale and purchase agreement and the details of this tranche were most recently set out in the Company's audited final results issued on 9 November 2021. The New Ordinary Shares are subject to various restrictions on sale for a period of 24 months.

Application will be made to the London Stock Exchange for the New Ordinary Shares to be admitted to trading on AIM. Admission is expected to be effective on 10 December 2021. The New Ordinary Shares shall rank pari passu with the existing ordinary shares in the Company.

Following admission, the Company's issued share capital will comprise 92,270,900   O rdinary Shares with voting rights (' Ordinary Shares'). No Ordinary Shares are held in Treasury. As such, the number of Ordinary Shares with voting rights is 92,270,900. This figure may be used by shareholders (and others with notifiable obligations) as their denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure and Transparency Rules.

For further details please contact:

genedrive plc		[phone]
David Budd: CEO / Matthew Fowler: CFO
Peel Hunt LLP (Nominated Adviser and Joint Broker)		[phone]
James Steel
finnCap (Joint Broker)		[phone]
Geoff Nash / Kate Bannatyne / Alice Lane
Walbrook PR Ltd (Media Relations & Investor Relations)		[phone] or [e-mail]
Paul McManus / Anna Dunphy	[phone] / [phone]

 

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