Renalytix PLC Director/PDMR Shareholding (8886K)

TIDMRENX

RNS Number : 8886K

Renalytix PLC

06 September 2021

Renalytix plc

("Renalytix" or the "Company")

Director/PDMR Dealing

New York, 6 September 2021 - Renalytix (LSE: RENX) announces that it has been advised of the sale by O. James Sterling, the Company's Chief Financial Officer, of 3,000 American Depositary Shares ("ADS"), each representing two ordinary shares of GBP0.0025 each in the capital of the Company ("Ordinary Shares"), under a Rule 10b5-1 trading plan established in accordance with Rule 10b5-1 under the U.S. Securities Exchange Act of 1934, as amended, and the EU Market Abuse Regulation as it forms part of UK law by virtue of the European Union (Withdrawal) Act 2018 ("MAR").

Rule 10b5-1 plans permit directors, officers and other company insiders to adopt, at times when they are not in possession of material, non-public information, or inside information, written plans for trading securities in a non-discretionary, pre-scheduled manner in the future.

Following completion of the sale, O. James Sterling is interested in 1,805,236 Ordinary Shares representing 2.50% of the current issued share capital of the Company.

For further information, please contact:

 
Renalytix plc                                                www.renalytix.com 
James McCullough, CEO                                          Via Walbrook PR 
 
Stifel (Nominated Adviser, Joint Broker)                    Tel: [phone] 
Alex Price / Nicholas Moore 
 
Investec Bank plc (Joint Broker)                            Tel: [phone] 
Gary Clarence / Daniel Adams 
 
Walbrook PR Limited             Tel: [phone] or [e-mail] 
Paul McManus / Lianne Cawthorne             Mob: [phone] 
 
 

About Kidney Disease

Kidney disease is now recognized as a public health epidemic affecting over 850 million people globally. The Centers for Disease Control and Prevention (CDC) estimates that 15% of US adults, or 37 million people, currently have chronic kidney disease (CKD). Further, the CDC reports that 9 out of 10 adults with CKD do not know they have it and 1 out of 2 people with very low kidney function who are not on dialysis do not know they have CKD*. Kidney disease is referred to as a "silent killer" because it often has no symptoms and can go undetected until a very advanced stage. Each year kidney disease kills more people than breast and prostate

cancer.    Every day, 13 patients in the United States die while waiting for a kidney transplant. 
   *    https://www.cdc.gov/kidneydisease/publications-resources/2019-national-facts.html 

About RenalytixAI

RenalytixAI is a developer of artificial intelligence-enabled clinical in vitro diagnostic solutions for kidney disease, one of the most common and costly chronic medical conditions globally. RenalytixAI's products are being designed to make significant improvements in kidney disease diagnosis, transplant management, clinical care, patient stratification for drug clinical trials, and drug target discovery. For more information, visit www.renalytixai.com

The information contained in this notification is disclosed in accordance with the requirements of MAR.

 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name                           O. James Sterling 
     -----------------------------  ------------------------------------------- 
 2    Reason for the notification 
     -------------------------------------------------------------------------- 
 a)   Position/status                Chief Financial Officer 
     -----------------------------  ------------------------------------------- 
 b)   Initial notification           Initial Notification 
       /Amendment 
     -----------------------------  ------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     -------------------------------------------------------------------------- 
 a)   Name                           Renalytix plc 
     -----------------------------  ------------------------------------------- 
 b)   Legal Entity Identifier        213800NTOH3FK3WER551 
     -----------------------------  ------------------------------------------- 
 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                 ADS', each ADS representing two Ordinary 
       the financial instrument,      Shares of GBP0.0025 each. 
       type of instrument 
 
       Identification                 US75973T1016 
       code 
     -----------------------------  ------------------------------------------- 
 b)   Nature of the transaction      Sale of ADS' under a 10b5-1 trading plan 
     -----------------------------  ------------------------------------------- 
 c)   Currency                       US Dollar 
     -----------------------------  ------------------------------------------- 
 d)   Price(s) and volume(s)         Price(s)          Volume(s) 
     -----------------------------  ----------------  ------------------------- 
                                     $ 28.888170001    3,000 ADS (representing 
                                                        6,000 Ordinary Shares) 
     -----------------------------  ----------------  ------------------------- 
 e)   Aggregated information 
       - Aggregated volume             3,000 ADS (representing 6,000 Ordinary 
       - Price                         Shares) 
       - Aggregated total              $ 28.888170001 
                                       $86,664.51 
     -----------------------------  ------------------------------------------- 
 f)   Date of the transaction        31 August 2021 
     -----------------------------  ------------------------------------------- 
 g)   Place of the transaction       Nasdaq Stock Exchange 
     -----------------------------  ------------------------------------------- 
 

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September 06, 2021 11:33 ET (15:33 GMT)