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Director/PDMR Shareholding

4 Feb 2020 16:25

RNS Number : 9597B
Genedrive PLC
04 February 2020
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genedrive plc

("genedrive" or the "Company")

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Notification and public disclosure of transactions by persons discharging

managerial responsibilities and persons closely associated with them

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genedrive plc (LSE: GDR), the near patient molecular diagnostics company, announces that today David Budd, Chief Executive Officer, acquired 43,330 ordinary shares of 1.5p each ("Ordinary Shares") in the Company at a price of 11.5p per share and Chris Yates, Non-Executive Director, acquired 25,000 Ordinary Shares at 11.56p per share.

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Following these purchases, David Budd is interested in 188,710 Ordinary Shares, 0.5% of the issued share capital of the Company, and Chris Yates is interested in 41,304 Ordinary Shares, 0.1% of the issued share capital of the Company.

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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.

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1.

Details of the person discharging managerial responsibilities / person closely associated

a.

Name

1. David Budd

2. Chris Yates

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2.

Reason for the notification

a.

Position/status

1. Chief Executive Officer

2. Non-Executive Director

a.

Initial notification

/Amendment

Initial notification

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 the

Financial instrument, type

of instrument

Identification code

Ordinary shares of 1.5 pence each

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GB00B1VKB244

b.

Nature of the transaction

Purchase

c.

Price(s) and volume(s)

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Price(s)

Volume(s)

1. 11.50p

2. 11.56p

1. 43,330

2. 25,000

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d.

Aggregated information

Β·; Aggregated volume

Β·; Price

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N/A

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e.

Date of the transaction

2020-02-04

f.

Place of the transaction

London Stock Exchange, AIM

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For further details please contact:

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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 & Investor Relations)

+44 (0)20 7933 8780 or genedrive@walbrookpr.com

Paul McManus / Anna Dunphy

+44 (0)7980 541 893 / +44 (0)7876 741 001

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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.
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END
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