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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Genincode Plc | LSE:GENI | London | Ordinary Share | GB00BL97B504 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 8.75 | 8.50 | 9.00 | 8.75 | 8.75 | 8.75 | 1,246 | 08:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Coml Physical, Biologcl Resh | 1.43M | -5.56M | -0.0580 | -1.51 | 8.38M |
TIDMGENI
RNS Number : 1613M
GENinCode PLC
17 September 2021
17 September 2021
GENinCode Plc
("GENinCode" or the "Company")
Grant of Share Options and PDMR dealing
GENinCode Plc (AIM:GENI), Oxford, UK, the cardiovascular disease company focused on predictive genetics for the prevention of cardiovascular disease, announces today that the Remuneration Committee has recommended, and the Board has approved, to issue options over a total of 572,000 ordinary shares of GBP0.01 each in the capital of the Company ("Share Options").
The Share Options have been issued in line with the Company's existing share option plan to Paul Foulger, a director of the Company. The Share Options have been issued in addition to the existing options over ordinary shares granted to Paul Foulger on 15 April 2021 and combined, the number of ordinary shares held under option by Paul Foulger is 1,144,000, representing 1.19% of the existing issued ordinary share capital of the Company.
The Share Options are exercisable once the average market value of the Company's shares for a period of 30 consecutive dealing days following the date of the issue of the Share Options first exceeds two times the exercise price of GBP0.44.
Contacts:
GENinCode plc www.genincode.com Matthew Walls, CEO Via Walbrook PR Paul Foulger, CFO Stifel Nicolaus Europe Limited (Nomad and Tel: +44 (0)20 7710 7600 Joint Broker) Alex Price / Ben Maddison / Richard Short Cenkos Securities Plc (Joint Broker) Tel: +44 (0)20 7397 8900 Giles Balleny Dale Bellis / Michael Johnson (Sales) Walbrook PR Limited Tel: 020 7933 8780 or genincode @walbrookpr.com Anna Dunphy / Paul McManus / Louis Ashe-Jepson
About GENinCode plc
GENinCode plc (AIM: GENI) is engaged in the risk assessment, prediction and prevention of cardiovascular disease ("CVD"). CVD is the leading cause of death worldwide accounting for approximately 18 million deaths annually. The Company's products and technology have been developed with the aim of predicting the onset of CVD and providing a personalised treatment pathway for patient management. Its products have been the subject of clinical studies on over 75,000 patients to assess and predict the onset of CVD.
The Company was incorporated in September 2018 to acquire the assets, intellectual property and know-how of the Ferrer inCode and Gendiag.exe businesses, which were then part of Grupo Ferrer Internacional S.A., a large Spanish multinational private pharmaceutical and healthcare company. The technology and products acquired included Cardio inCode(R), Lipid inCode(R), Thrombo inCode(R) and Sudd inCode(R). The Directors believe that approximately EUR50 million has been invested in the research and development of these products since 2007. The Company has begun to commercialise these products in Europe and is now targeting the UK and US.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them:
DIRECTOR/PDMR SHAREHOLDING
1 Details of the person discharging managerial responsibilities/person closely associated a) Name Paul Foulger ------------------ --------------------------------------------------- 2 Reason for the notification ----------------------------------------------------------------------- a) Position/status CFO ------------------ --------------------------------------------------- b) Initial Initial Notification notification/ Amendment ------------------ --------------------------------------------------- 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor ----------------------------------------------------------------------- a) Name GENinCode Plc ------------------ --------------------------------------------------- b) LEI 213800UX6TE7K65O2892 ------------------ --------------------------------------------------- 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 Ordinary Shares of GBP0.01p of the financial instrument, type of GB00BL97B504 instrument Identification code ------------------ --------------------------------------------------- b) Nature Grant of conditional shares in the Company's Share of the Option Scheme transaction ------------------ --------------------------------------------------- c) Price(s) Exercise Volume and volume(s) Price GBP0.44 572,000 -------- ------------------ --------------------------------------------------- d) Aggregated information - Aggregated N/A - single transaction volume - Price ------------------ --------------------------------------------------- e) Date of 17 September 2021 the transaction ------------------ --------------------------------------------------- f) Place Outside a trading venue of the transaction ------------------ ---------------------------------------------------
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(END) Dow Jones Newswires
September 17, 2021 05:38 ET (09:38 GMT)
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