Renalytix plc
("Renalytix" or the "Company")
Director/PDMR Dealing
LONDON and NEW YORK, 11 October 2024 - Renalytix plc (NASDAQ: RNLX) (LSE: RENX), an artificial intelligence-enabled in vitro diagnostics company, focused on optimizing clinical management of kidney disease to drive improved patient outcomes and advance value-based care, announces that on 7 October 2024, certain investment vehicles connected with Christopher Mills, Non-Executive Chairman, sold 83,696 ordinary shares of £0.0025 each ("Ordinary Shares") in the Company at a price of £0.08 per Ordinary Share.
Following this transaction, on 8 October 2024, certain investment vehicles connected with Christopher Mills, completed the purchase of 500,000 ordinary shares of £0.0025 each ("Ordinary Shares") in the Company at a price of £0.09 per Ordinary Share.
Following completion of both transactions, Christopher Mills and the investment vehicles connected with him are interested in 14,609,946 Ordinary Shares representing 7.7% of the issued share capital of the Company as enlarged by the recent equity placing announced on 30 September 2024.
For further information, please contact:
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Renalytix plc |
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James McCullough, CEO |
Via Walbrook PR |
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Stifel (Nominated Adviser and Joint Broker) |
Tel: 020 7710 7600 |
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Nicholas Moore / Nick Harland / Ben Good |
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Oberon Capital (Joint Broker) |
Tel: 020 3179 5300 |
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Mike Seabrook / Nick Lovering |
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Walbrook PR Limited |
Tel: 020 7933 8780 or renalytix@walbrookpr.com |
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Paul McManus / Alice Woodings |
Mob: 07980 541 893 / 07407 804 654 |
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CapComm Partners |
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Peter DeNardo
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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.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
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1
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Details of the person discharging managerial responsibilities / person closely associated
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a)
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Name
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Harwood Capital LLP* |
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2
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Reason for the notification
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a)
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Position/status
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Christopher Mills, Non-Executive Chairman, Chief Investment Officer of Harwood |
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b)
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Initial notification /Amendment
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Initial Notification |
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3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a)
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Name
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Renalytix plc |
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b)
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LEI
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213800NTOH3FK3WER551 |
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4
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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
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a)
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Description of the financial instrument, type of instrument |
Ordinary shares of £0.0025 each |
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Identification code |
GB00BYWL4Y04
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b)
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Nature of the transaction
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Sale of Ordinary Shares |
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c)
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Price(s) and volume(s) |
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Price(s) |
Volume(s) |
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£0.08 |
83,696 |
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d)
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Aggregated information |
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- Aggregated volume |
83,696 |
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- Price |
£0.08 |
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e)
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Date of the transaction
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7 October 2024 |
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f)
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Place of the transaction
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London Stock Exchange, AIM |
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1
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Details of the person discharging managerial responsibilities / person closely associated
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a)
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Name
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Harwood Capital LLP* |
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2
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Reason for the notification
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a)
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Position/status
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Christopher Mills, Non-Executive Chairman, Chief Investment Officer of Harwood |
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b)
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Initial notification /Amendment
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Initial Notification |
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3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a)
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Name
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Renalytix plc |
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b)
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LEI
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213800NTOH3FK3WER551 |
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4
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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
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a)
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Description of the financial instrument, type of instrument |
Ordinary shares of £0.0025 each |
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Identification code |
GB00BYWL4Y04
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b)
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Nature of the transaction
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Subscription for New Ordinary Shares |
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c)
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Price(s) and volume(s) |
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Price(s) |
Volume(s) |
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£0.09 |
500,000 |
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d)
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Aggregated information |
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- Aggregated volume |
500,000 |
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- Price |
£0.09 |
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e)
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Date of the transaction
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8 October 2024 |
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f)
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Place of the transaction
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Off market |
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*Christopher Mills is partner and Chief Investment Officer of Harwood Capital LLP. Harwood Capital LLP is Investment Manager to North Atlantic Smaller Companies Investment Trust plc and investment adviser to Oryx International Growth Fund Limited. Christopher's shareholding is made up of ordinary shares held by North Atlantic Smaller Companies Investment Trust PLC, Oryx International Growth Fund Limited and Harwood Capital LLP.
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