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PDMR Dealing

13 Jun 2024 07:00

RNS Number : 2286S
Renalytix PLC
13 June 2024
 

 

Renalytix plc

("Renalytix" or the "Company")

 

PDMR Dealing

 

LONDON and SALT LAKE CITY, 13 June 2024 - Renalytix plc (NASDAQ: RNLX) (LSE: RENX) announces that the Board have granted Joel Jung, the interim Chief Financial Officer, options over 60,000 ordinary shares of 0.25 pence each in the capital of the Company ("Ordinary Shares") ("Share Options").

 

The Share Options, which have been issued in line with the Company's existing share option plan, have an exercise price of £0.1625 per Ordinary Share, being the closing price of the shares on the 11 June 2024.

One fourth (1/4th) of the Share Options shall vest three months after the vesting commencement date, and 1/9th of the remaining number of Share Options shall vest monthly thereafter, subject to continuity of service as of each such date, save that the Option shall vest and be exercisable in full in connection with a change in control.

For further information, please contact:

 

Renalytix plc

www.renalytix.com

James McCullough, CEO

Via Walbrook PR

 

Stifel (Nominated Adviser, Joint Broker)

Tel: 020 7710 7600

Alex Price / Nicholas Moore / Nick Harland / Samira Essebiyea

 

 

Investec Bank plc (Joint Broker)

Tel: 020 7597 4000

Gary Clarence / Shalin Bhamra

 

Walbrook PR Limited

Paul McManus / Alice Woodings /

Charlotte Edgar

Tel: 020 7933 8780 or renalytix@walbrookpr.com

Mob: 07980 541 893 / 07407 804 654 /

07884 664 686

CapComm Partners

Peter DeNardo

Tel: 415-389-6400 or investors@renalytix.com

 

 

About Renalytix

Renalytix (NASDAQ: RNLX) (LSE: RENX) is an in-vitro diagnostics and laboratory services company that is the global founder and leader in the new field of bioprognosis™ for kidney health. The leadership team, with a combined 200+ years of healthcare and in-vitro diagnostic experience, has designed its KidneyIntelX laboratory developed test to enable risk assessment for rapid progressive decline in kidney function in adult patients with T2D and early CKD (stages 1-3). We believe that by understanding how disease will progress, patients and providers can take action early to improve outcomes and reduce overall health system costs. For more information, visit www.renalytix.com.

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Joel Jung

2

 

Reason for the notification

 

a)

 

Position/status

 

Interim Chief Financial Officer

b)

 

Initial notification /Amendment

 

Initial notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

Renalytix plc

b)

 

LEI

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 the financial instrument, type of instrument

Options over ordinary shares of 0.25 pence each in the Company

Identification code

GB00BYWL4Y04

b)

 

Nature of the transaction

 

 

Grant of options over shares

c)

 

Price(s) and volume(s)

Price(s)

Volume(s)

£0.1625

60,000

d)

 

Aggregated information

 

 

 

- Aggregated volume

60,000

- Price

£9,750

e)

 

Date of the transaction

 

 

11 June 2024

f)

 

Place of the transaction

 

 

Outside of trading venue - off market

 

 

 

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