TIDMGDR

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            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                  Ordinary shares of 1.5 pence each 
                  the 
                  Financial instrument, 
                  type 
                  of instrument                   GB00B1VKB244 
                  Identification 
                  code 
                ------------------------------  -------------------------------------------- 
            b.   Nature of the                              Purchase 
                  transaction 
                ------------------------------  -------------------------------------------- 
            c.   Price(s) and                              Price(s)               Volume(s) 
                  volume(s)                                    1. 8p              1. 125,000 
                                                                      ---------------------- 
                                                               2. 8p              3. 125,000 
                                                                      ---------------------- 
                ------------------------------  -------------------------------------------- 
            d.        Aggregated information 
                        *    Aggregated volume     N/A 
 
 
                        *    Price 
                ------------------------------  -------------------------------------------- 
            e.   Date of the transaction         2020-02-05 
                ------------------------------  -------------------------------------------- 
            f.   Place of the                    London Stock Exchange, AIM 
                  transaction 
                ------------------------------  -------------------------------------------- 
 
 
            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            Initial notification 
                  /Amendment 
                ------------------------------  ----------------------------------------- 
 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                  Ordinary shares of 1.5 pence each 
                  the 
                  Financial instrument, 
                  type 
                  of instrument                   GB00B1VKB244 
                  Identification 
                  code 
                ------------------------------  ----------------------------------------- 
            j.   Nature of the                              Purchase 
                  transaction 
                ------------------------------  ----------------------------------------- 
            k.   Price(s) and                               Price(s)           Volume(s) 
                  volume(s)                                    11.56p              27,798 
                                                                       ------------------ 
                ------------------------------  ----------------------------------------- 
            l.        Aggregated information 
                        *    Aggregated volume     N/A 
 
 
                        *    Price 
                ------------------------------  ----------------------------------------- 
            m.   Date of the transaction         2020-02-04 
                ------------------------------  ----------------------------------------- 
            n.   Place of the                    London Stock Exchange, AIM 
                  transaction 
                ------------------------------  ----------------------------------------- 
            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                  Ordinary shares of 1.5 pence each 
                  the 
                  Financial instrument, 
                  type 
                  of instrument                   GB00B1VKB244 
                  Identification 
                  code 
                ------------------------------  ----------------------------------------- 
            b.   Nature of the                              Purchase 
                  transaction 
                ------------------------------  ----------------------------------------- 
            c.   Price(s) and                             Price(s)           Volume(s) 
                  volume(s)                                    9.5p              20,921 
                                                                     ------------------ 
                ------------------------------  ----------------------------------------- 
            d.        Aggregated information 
                        *    Aggregated volume     N/A 
 
 
                        *    Price 
                ------------------------------  ----------------------------------------- 
            e.   Date of the transaction         2020-02-05 
                ------------------------------  ----------------------------------------- 
            f.   Place of the                    London Stock Exchange, AIM 
                  transaction 
                ------------------------------  ----------------------------------------- 
 

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 &              +44 (0)20 7933 8780 or genedrive@walbrookpr.com 
  Investor Relations) 
                                                               +44 (0)7980 541 893 / +44 (0)7876 
 Paul McManus / Anna Dunphy                                                              741 001 
 

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

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February 05, 2020 12:32 ET (17:32 GMT)

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