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GENEDRIVE PLC — Director's Dealing 2018
Sep 10, 2018
7668_dirs_2018-09-10_20d18eed-b8f6-48d3-b6f2-9b5962498c50.html
Director's Dealing
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RNS Number : 3028A
Genedrive PLC
10 September 2018
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 it has granted share options ("Options") to a member of its senior management team to acquire a total of 30,000 ordinary shares of 1.5p each in the capital of the Company under the Company's Share Option Scheme.
The Options have been granted with an exercise price equal to the close price on the day before grant and vest after a period of three years. The Options are exercisable over the period of 10 years from the date of grant.
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. Colleen Pythian
2.
Reason for the notification
a.
Position/status
1. Director of Quality & Regulation
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
Options over ordinary shares of 1.5 pence each
b.
Nature of the transaction
Grant of options pursuant to and in accordance with the terms of the Company's Share Option Scheme dated 29 November 2017.
c.
Price(s) and volume(s)
| Option price(s) | Volume(s) | |
| Colleen Pythian | 27.50p | 30,000 |
d.
Aggregated information
· Aggregated volume
· Price
N/A
e.
Date of the transaction
2018-09-06; UTC time
f.
Place of the transaction
Outside trading venue - shares to be admitted to AIM market of London Stock Exchange plc on exercise of options
For further details please contact:
| genedrive plc | +44 (0)161 989 0245 |
| David Budd: CEO | |
| Matthew Fowler: CFO | |
| Peel Hunt LLP | +44 (0)207 418 8900 |
| James Steel | |
| Oliver Jackson | |
| Consilium Strategic Communications | +44 (0)203 709 5700 |
| Chris Gardner | |
| Matthew Neal | |
| Laura Thornton | |
| [email protected] |
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 [email protected] or visit www.rns.com.
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