Source - LSE Regulatory
RNS Number : 3507F
Renalytix PLC
01 March 2024
 

The following amendment has been made to the ' Grant of Share Options' announcement released on 23 November 2023 at 07:00 under RNS No 3917U.

 

The sentence "All the Share Options granted one twelfth of the Share Options vest 3 months from the date of grant with one twelfth vesting quarterly after that, subject to the individuals remaining employed by the Company as Non-Executive Directors" has been removed and replaced with "The share option grant would vest 100% in 12 months from date of grant".

 

All other details remain unchanged.

 

The full amended text is shown below.

 

Renalytix plc

("Renalytix" or the "Company")

 

Grant of Share Options

 

LONDON and SALT LAKE CITY - November 23, 2023 - 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 the Board have granted options over a total of 380,000 ordinary shares of 0.25 pence each in the capital of the Company (the "Share Options") to the following individuals:

 

Name

Position

Options granted




Christopher Mills

Non-Executive Chairman

95,000

Daniel Levangie

Non-Executive Director

95,000

Chirag Parikh

Non-Executive Director

95,000

Catherine Coste

Non-Executive Director

95,000

 

The Share Options, which have been issued in line with the Company's existing share option plan, have an exercise price of £0.245 per ordinary share, being the closing price of the shares on the 17 November 2023.  

 

The share option grant would vest 100% in 12 months from date of grant.

 

The issue of the Share Options are deemed to be related party transactions pursuant to AIM Rule 13 of the AIM Rules for Companies. The Company's directors (excluding those who are being awarded the Share Options) consider, having consulted with the Nominated Adviser, Stifel Nicolaus Europe Limited, that the terms of the related party transactions are fair and reasonable insofar as the shareholders of the Company are concerned.

 

For further information, please contact:

 

Renalytix plc

www.renalytix.com

James McCullough, CEO

Via Walbrook PR


 

Stifel (Nominated Adviser, Joint Broker)

Tel: 020 7710 7600

Alex Price / Nicholas Moore / Nick Harland / Samira Essebiyea

 


 

Investec Bank plc (Joint Broker)

Tel: 020 7597 4000

Gary Clarence / Shalin Bhamra

 



Walbrook PR Limited

Tel: 020 7933 8780 or renalytix@walbrookpr.com

Paul McManus / Alice Woodings

Mob: 07980 541 893 / 07584 391 303 / 07407 804 654



CapComm Partners


Peter DeNardo

 

Tel: 415-389-6400 or investors@renalytix.com

 

About Renalytix

 

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.

 



 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Christopher Mills

2

 

Reason for the notification

 

a)

 

Position/status

 

Non-Executive Chairman

b)

 

Initial notification /Amendment

 

Initial notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

Renalytix plc

b)

 

LEI

 

213800NTOH3FK3WER551

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

Options over ordinary shares of 0.25 pence each in the Company



Identification code

GB00BYWL4Y04



b)

 

Nature of the transaction

 

 

Grant of options over shares

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




£0.245

95,000







d)

 

Aggregated information

 

 

 

 



- Aggregated volume

95,000



- Price

£23,275



e)

 

Date of the transaction

 

 

21 November 2023

f)

 

Place of the transaction

 

 

Outside of trading venue - off market

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Dan Levangie

2

 

Reason for the notification

 

a)

 

Position/status

 

Non-Executive Director

b)

 

Initial notification /Amendment

 

Initial notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

Renalytix plc

b)

 

LEI

 

213800NTOH3FK3WER551

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

Options over ordinary shares of 0.25 pence each in the Company



Identification code

GB00BYWL4Y04



b)

 

Nature of the transaction

 

 

Grant of options over shares

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




£0.245

95,000







d)

 

Aggregated information

 

 

 

 



- Aggregated volume

95,000



- Price

£23,275



e)

 

Date of the transaction

 

 

21 November 2023

f)

 

Place of the transaction

 

 

Outside of trading venue - off market

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Chirag Parikh

2

 

Reason for the notification

 

a)

 

Position/status

 

Non-Executive Director

b)

 

Initial notification /Amendment

 

Initial notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

Renalytix plc

b)

 

LEI

 

213800NTOH3FK3WER551

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

Options over ordinary shares of 0.25 pence each in the Company



Identification code

GB00BYWL4Y04



b)

 

Nature of the transaction

 

 

Grant of options over shares

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




£0.245

95,000







d)

 

Aggregated information

 

 

 

 



- Aggregated volume

95,000



- Price

£23,275



e)

 

Date of the transaction

 

 

21 November 2023

f)

 

Place of the transaction

 

 

Outside of trading venue - off market

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Catherine Coste

2

 

Reason for the notification

 

a)

 

Position/status

 

Non-Executive Director

b)

 

Initial notification /Amendment

 

Initial notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

Renalytix plc

b)

 

LEI

 

213800NTOH3FK3WER551

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

Options over ordinary shares of 0.25 pence each in the Company



Identification code

GB00BYWL4Y04



b)

 

Nature of the transaction

 

 

Grant of options over shares

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




£0.245

95,000







d)

 

Aggregated information

 

 

 

 



- Aggregated volume

95,000



- Price

£23,275



e)

 

Date of the transaction

 

 

21 November 2023

f)

 

Place of the transaction

 

 

Outside of trading venue - off market

 

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