Genedrive PLC Director/PDMR Shareholding (7391S)

TIDMGDR

RNS Number : 7391S

Genedrive PLC

23 December 2016

Director / PDMR Shareholding

23 December 2016

Genedrive plc (the "Company")

 
                                    1.                                       Details of PDMR 
---------------------------------------  ----------------------------------------------------------------------------------------------- 
                                    (a)                                      Name                     Matthew Fowler 
---------------------------------------  ----------------------------------------------------------  ----------------------------------- 
                                    (b)                                      Position/status          Chief Financial Officer 
---------------------------------------  ----------------------------------------------------------  ----------------------------------- 
                                    (c)                                      Initial                  Initial notification 
                                                                             notification/amendment 
---------------------------------------  ----------------------------------------------------------  ----------------------------------- 
                                    2.    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              Options over ordinary shares 
                                                                              of the financial         of 1.5 pence each. 
                                                                              instrument 
---------------------------------------  ----------------------------------------------------------  ----------------------------------- 
                                    (b)                                      Nature of                Grant of options pursuant to 
                                                                              the transaction          and in accordance with the terms 
                                                                                                       of the Company's Share Option 
                                                                                                       Scheme dated 28 November 2007. 
---------------------------------------  ----------------------------------------------------------  ----------------------------------- 
                                    (c)                                      Price(s) and              Price(s)               Volume(s) 
                                                                              volume(s)                ---------------------  ---------- 
                                                                                                        Option award 
                                                                                                         equal to GBP85,000 
                                                                                                         at 60 pence per 
                                                                                                         option                141,666 
                                                                                                       ---------------------  ---------- 
---------------------------------------  ----------------------------------------------------------  ----------------------------------- 
                                    (d)                                      Aggregated               N/A 
                                                                              information 
                                                                              Aggregated 
                                                                              volume Price 
---------------------------------------  ----------------------------------------------------------  ----------------------------------- 
                                    (e)                                      Date of the              22 December 2016 
                                                                              transaction 
---------------------------------------  ----------------------------------------------------------  ----------------------------------- 
                                    (f)                                      Place of the             Outside trading venue - shares 
                                                                              transaction              to be admitted to AIM market 
                                                                                                       of London Stock Exchange plc 
                                                                                                       on exercise of options. 
---------------------------------------  ----------------------------------------------------------  ----------------------------------- 
 

For further details please contact:

genedrive plc

David Budd: CEO [phone]

Peel Hunt LLP

James Steel

[phone]

Oliver Jackson

Consilium Strategic Communications

Chris Gardner [phone]

Matthew Neal

Laura Thornton

[e-mail]

This information is provided by RNS

The company news service from the London Stock Exchange

END

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December 23, 2016 05:48 ET (10:48 GMT)