Director/PDMR Shareholding

RNS Number : 1214C
Genedrive PLC
05 February 2020
 

 

 

Notification and public disclosure of transactions by persons discharging

managerial responsibilities and persons closely associated with them

 

genedrive plc (LSE: GDR) ("genedrive" or the "Company"), the near patient molecular diagnostics company, announces that Dr Ian Gilham, Non-Executive Chairman, acquired 125,000 ordinary shares of 1.5p each ("Ordinary Shares") today at 8p per share and Tom Lindsay, Non-Executive Director, acquired 125,000 Ordinary Shares today at 8p per share.

 

Gino Miele, R&D Director and a PDMR, acquired 27,798 Ordinary Shares in the Company at a price of 11.56p per share yesterday and acquired 20,921 Ordinary Shares at 9.5p per share today.

 

Following these purchases, Dr Ian Gilham is interested in 490.674 Ordinary Shares, 1.4% of the issued share capital of the Company, Tom Lindsay is interested in 190,217 Ordinary Shares, 0.5% of the issued share capital of the Company and Gino Miele is interested in 56,719 Ordinary Shares, 0.2% of the issued share capital of the Company.

 

The information set out below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014.

 

1.         

Details of the person discharging managerial responsibilities / person closely associated

a.         

Name

1.   Ian Gilham

2.   Tom Lindsay

 

 

2.         

Reason for the notification

a.         

Position/status

1.   Non-Executive Chairman

2.   Non-Executive Director

a.         

Initial notification

/Amendment

Initial notification

3.  

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a.         

Name

genedrive plc

b.         

LEI

213800ZYODIRZ87Y4K14

4.         

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a.         

Description of the

Financial instrument, type

of instrument

Identification code

Ordinary shares of 1.5 pence each

 

 

 

GB00B1VKB244

b.         

Nature of the transaction

Purchase

c.         

Price(s) and volume(s)

 

Price(s)

Volume(s)

1.   8p

1.   125,000

2.   8p

3.   125,000

 

d.         

Aggregated information

·      Aggregated volume

·      Price

 

 

N/A

 

e.         

Date of the transaction

2020-02-05

f.         

Place of the transaction

London Stock Exchange, AIM

 

 

1.

Details of the person discharging managerial responsibilities / person closely associated

b.         

Name

Gino Miele

 

 

2.

Reason for the notification

c.         

Position/status

R&D Director

b.         

Initial notification

/Amendment

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

g.         

Name

genedrive plc

h.         

LEI

213800ZYODIRZ87Y4K14

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

i.         

Description of the

Financial instrument, type

of instrument

Identification code

Ordinary shares of 1.5 pence each

 

 

 

GB00B1VKB244

j.         

Nature of the transaction

Purchase

k.         

Price(s) and volume(s)

 

Price(s)

Volume(s)

11.56p

27,798

 

l.         

Aggregated information

·      Aggregated volume

·      Price

 

 

N/A

 

m.         

Date of the transaction

2020-02-04

n.         

Place of the transaction

London Stock Exchange, AIM

5.         

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a.         

Description of the

Financial instrument, type

of instrument

Identification code

Ordinary shares of 1.5 pence each

 

 

 

GB00B1VKB244

b.         

Nature of the transaction

Purchase

c.         

Price(s) and volume(s)

 

Price(s)

Volume(s)

9.5p

20,921

 

d.         

Aggregated information

·      Aggregated volume

·      Price

 

 

N/A

 

e.         

Date of the transaction

2020-02-05

f.         

Place of the transaction

London Stock Exchange, AIM

 

For further details please contact:

genedrive plc

+44 (0)161 989 0245

David Budd: CEO / Matthew Fowler: CFO




Peel Hunt LLP (Nominated Adviser and Joint Broker)

+44 (0)20 7418 8900

James Steel / Oliver Jackson




Stanford Capital Partners Limited (Joint Broker)

+44 (0)20 3815 8880

Patrick Claridge / John Howes




Walbrook PR Ltd (Media Relations & Investor Relations)

+44 (0)20 7933 8780 or genedrive@walbrookpr.com

Paul McManus / Anna Dunphy

+44 (0)7980 541 893 / +44 (0)7876 741 001

 


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