Genedrive PLC Total Voting Rights (3503A)
January 19 2024 - 10:14AM
UK Regulatory
TIDMGDR
RNS Number : 3503A
Genedrive PLC
19 January 2024
genedrive plc
("genedrive" or the "Company")
Application for Listing
Total Voting Rights
genedrive plc (AIM: GDR), the point of care pharmacogenetic
testing company, confirms that an application has been made for the
Admission to trading on AIM of 260,870 new Ordinary Shares of 1.5p
each ("New Ordinary Shares") in respect of a deferred remuneration
award. Admission of the New Ordinary Shares ("Admission") is
expected to occur on 25 January 2024. Following Admission, the New
Ordinary Shares will rank pari passu in all respects with the
Company's existing ordinary shares.
Following Admission, the Company's issued share capital will
consist of 130,350,816 Ordinary Shares of 1.5p each and this figure
may be used by shareholders as the denominator for the calculations
by which they should determine if they are required to notify their
interest in, or change to their interest in, the Company under the
FCA's Disclosure Guidance and Transparency Rules.
For further details please contact:
genedrive plc +44 (0)161 989 0245
James Cheek: CEO / Russ Shaw: CFO
Peel Hunt LLP (Nominated Adviser
and Broker) +44 (0)20 7418 8900
James Steel / Patrick Birkholm
Walbrook PR Ltd (Media & Investor +44 (0)20 7933 8780 or genedrive@walbrookpr.com
Relations)
Anna Dunphy +44 (0)7876 741 001
About genedrive plc ( http://www.genedriveplc.com ) genedrive
plc is a pharmacogenetic testing company developing and
commercialising a low cost, rapid, versatile, simple to use and
robust point of need pharmacogenetic platform for the diagnosis of
genetic variations. This helps clinicians to quickly access key
genetic information that will help them make the right choices over
the right medicine or dosage to use for an effective treatment.
Based in the UK, the Company is at the forefront of work on Point
of Care pharmacogenetics. Pharmacogenetics looks at how your
genetics impacts a medicines ability to work for you. Therefore, by
using pharmacogenetics, medicines can be made safer and more
effective. The Company has launched its flagship product, the
Genedrive(R) MT-RNR1 ID Kit, which is a single-use disposable
cartridge which circumvents the requirement for cold chain
logistics by providing temperature stable reagent test kits for use
on their proprietary test platform. This test allows clinicians to
make a decision on antibiotic use within 26 minutes, ensuring vital
care is delivered with no negative impact on the patient
pathway.
The Company has a clear commercial strategy focused on
accelerating growth through maximising in-market sales, geographic
and portfolio expansion and strategic M&A, and operates out of
its facilities in Manchester.
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END
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