Genedrive PLC - Application for Listing & Total Voting Rights
Released
Released
Announcement PDF
RNS Number : 8135E
Genedrive PLC
24 October 2025
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 warrants have been
exercised that were issued in connection to the Equity Prepayment facility that was announced on 31 March 2023.
Application has been made for the Admission to trading on AIM of 4,708,584 new Ordinary Shares of 0.015p each
("New Ordinary Shares").
Admission of the New Ordinary Shares ("Admission") is expected to occur on 30 October 2025. Following
Admission, the New Ordinary Shares will rank pari passu in all respects with the Company's existing ordinary
shares. The exercise price is 0.2p per share and this application for listing is to satisfy all the remaining warrants
under the Equity Prepayment facility.
Following Admission the Company's issued share capital will consist of 1,029,603,992 Ordinary Shares of 0.015p
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
Gino Miele: CEO / Russ Shaw: CFO
Peel Hunt LLP (Nominated Adviser and Broker) +44 (0)20 7418 8900
James Steel
Walbrook PR Ltd (Media & Investor Relations) +44 (0)20 7933 8780 or genedrive@walbrookpr.com
Anna Dunphy +44 (0)7876 741 001
About genedrive plc (http://www.genedrive.com)
genedrive plc is a pharmacogenetic testing company developing and commercialising a low cost, rapid, versatile
and simple to use point of need pharmacogenetic platform for the diagnosis of genetic variants. This helps
clinicians to quickly access key genetic information that will aid them make the right choices over the right
medicine or dosage to use for an effective treatment, particularly important in time-critical emergency care
healthcare paradigms. Based in the UK, the Company is at the forefront of Point of Care pharmacogenetic testing
in emergency healthcare. Pharmacogenetics informs on how your individual genetics impact a medicines ability to
work for you. Therefore, by using pharmacogenetics, medicine choices can be personalised, made safer and more
effective. The Company has launched its two flagship products, the Genedrive® MT-RNR1 ID Kit and the
Genedrive® CYP2C19 ID Kit, both developed and validated in collaboration with NHS partners and deployed on
its point of care thermocycler platform. Both tests are single-use disposable cartridges which are ambient
temperature stable, circumventing the requirement for cold chain logistics. The Directors believe the Genedrive®
MT-RNR1 ID Kit is a worlds-first and allows clinicians to make a decision on antibiotic use in neonatal intensive
care units within 26 minutes, ensuring vital care is delivered, avoiding adverse effects potentially otherwise
encountered and with no negative impact on the patient care pathway. Its CYP2C19 ID Kit which has no
comparably positioned competitor currently allows clinicians to make a decision on the use of Clopidogrel in
stroke patients in 70 minutes, ensuring that patients who are unlikely to benefit from or suffer adverse effects from
Clopidogrel receive an alternative antiplatelet therapeutic in a timely manner, ultimately improving outcomes.
Both tests have undergone review by the National Institute for Health and Care Clinical Excellence ("NICE") and
have been recommended for use in the UK NHS. 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.
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.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For
further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
END
TVRPPGPWUUPAGCC
Share your feedback
Discover