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GDR Genedrive Plc

6.125
0.50 (8.89%)
24 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Genedrive Plc LSE:GDR London Ordinary Share GB00B1VKB244 ORD 1.5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.50 8.89% 6.125 6.00 6.25 7.25 5.125 5.625 5,461,200 16:26:13
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Coml Physical, Biologcl Resh 55k -5.15M -0.0447 -1.37 7.05M

Genedrive PLC Director/PDMR Shareholding (2703V)

05/04/2019 8:29am

UK Regulatory


Genedrive (LSE:GDR)
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From Apr 2019 to Apr 2024

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TIDMGDR

RNS Number : 2703V

Genedrive PLC

05 April 2019

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 it has granted share options ("Options") to members of its senior management team to acquire a total of 1,330,000 ordinary shares of 1.5p each in the capital of the Company under the Company's Share Option Scheme.

The Options have been granted with an exercise price equal to the close price on the day before grant and vest after a period of three years. The Options are exercisable over the period of 10 years from the date of grant.

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                                        David Budd CEO 
                                                               Matthew Fowler CFO 
                                                               Gino Miele R&D Director 
                                                               Gordon Powell Commercial Director 
                                                               Colleen Pythian Director of Quality & Regulation 
                                                               Warren Berry Operations Director 
                 -------------------------------  ------------------------------------------------------------- 
            2.    Reason for the notification 
                 ---------------------------------------------------------------------------------------------- 
            a.    Position/status                       1. 
                 -------------------------------  ------------------------------------------------------------- 
            a.    Initial notification             Initial notification 
                   /Amendment 
                 -------------------------------  ------------------------------------------------------------- 
       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                   Options over ordinary shares of 1.5 pence 
                   the                              each 
                   Financial instrument, 
                   type 
                   of instrument 
                   Identification 
                   code 
                 -------------------------------  ------------------------------------------------------------- 
            b.    Nature of the                               Grant of options pursuant to and in accordance 
                   transaction                                 with the terms of the Company's Share Option 
                                                               Scheme dated 29 November 2017. 
                 -------------------------------  ------------------------------------------------------------- 
            c.    Price(s) and                                               Option price(s)   Volume(s) 
                   volume(s)                               David Budd                   23.5p     540,000 
                                                                             ----------------  ---------- 
                                                           Matthew Fowler               23.5p     340,000 
                                                                             ----------------  ---------- 
                                                           Gino Miele                   23.5p     150,000 
                                                                             ----------------  ---------- 
                                                           Gordon Powell                23.5p     150,000 
                                                                             ----------------  ---------- 
                                                           Colleen Pythian              23.5p      75,000 
                                                                             ----------------  ---------- 
                                                           Warren Berry                 23.5p      75,000 
                                                                             ----------------  ---------- 
                 -------------------------------  ------------------------------------------------------------- 
            d.         Aggregated information 
                         *    Aggregated volume      N/A 
 
 
                         *    Price 
                 -------------------------------  ------------------------------------------------------------- 
            e.    Date of the transaction          2019-April-04; UTC time 
                 -------------------------------  ------------------------------------------------------------- 
            f.    Place of the                     Outside trading venue - shares to be admitted 
                   transaction                      to AIM market of London Stock Exchange plc 
                                                    on exercise of options 
                 -------------------------------  ------------------------------------------------------------- 
 

For further details please contact:

 
 genedrive plc                                  +44 (0)161 989 0245 
 David Budd: CEO 
 Matthew Fowler: CFO 
 Peel Hunt LLP                                  +44 (0)207 418 8900 
 James Steel / Oliver Jackson 
 Stanford Capital Partners Limited              +44 (0) 20 3815 8880 
 Patrick Claridge / John Howes 
 Walbrook PR Ltd (Media Relations & Investor    +44 (0)20 7933 8780 
  Relations)                                     or genedrive@walbrookpr.com 
 Paul McManus / Anna Dunphy 
 

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

DSHEAXLSEAPNEEF

(END) Dow Jones Newswires

April 05, 2019 03:29 ET (07:29 GMT)

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