{"id":451092,"date":"2021-03-04T13:03:09","date_gmt":"2021-03-04T18:03:09","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=451092"},"modified":"2021-03-04T13:03:09","modified_gmt":"2021-03-04T18:03:09","slug":"renalytix-ai-plc-issue-of-shares-under-the-2020-employee-share-purchase-plan-pdmr-dealing-and-total-voting-rights","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/renalytix-ai-plc-issue-of-shares-under-the-2020-employee-share-purchase-plan-pdmr-dealing-and-total-voting-rights\/","title":{"rendered":"Renalytix AI plc\u00a0Issue of Shares Under the 2020 Employee Share Purchase Plan, PDMR Dealing and Total Voting Rights"},"content":{"rendered":"
\n

NEW YORK, March 04, 2021 (GLOBE NEWSWIRE) — Renalytix AI plc (LSE: RENX) (NASDAQ: RNLX), 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 under the Company\u2019s Employee Share Purchase Plan (\u201cthe ESPP\u201d), new 17,652 ordinary shares of \u00a30.0025 each in the capital of the Company (\u201cthe Ordinary Shares\u201d) have been issued to settle the purchase of 8,826 American Depositary Shares, each representing two Ordinary Shares (\u201cADSs\u201d) by employees who participated in the ESPP. Further details in relation to the ESPP were contained in the Company\u2019s announcement of 2 September 2020.<\/p>\n

O. James Sterling, Chief Financial Officer, participated in the plan and acquired 4,596 ordinary shares (2,298 ADSs) at \u00a34.50 per share ($12.563 per ADS).<\/p>\n

The purchase of ADSs by certain employees of the Company who are treated as affiliates under U.S. securities laws (including O. James Sterling, Chief Financial Officer) will be settled once certain additional U.S. securities law requirements have been complied with.<\/p>\n

An application will be made to the London Stock Exchange for the new Ordinary Shares to be admitted to trading on AIM. It is expected that admission of the 17,652 new Ordinary Shares to trading on AIM will become effective on, or around, 9 March 2021 (“Admission”).<\/p>\n

\n Total voting rights<\/strong>
\n
Following Admission, the Company will have 72,047,286 Ordinary Shares in issue with each share carrying the right to one vote. The Company has no Ordinary Shares held in treasury. The total number of voting rights in the Company following Admission will therefore be 72,047,286.<\/p>\n

\n
\n For further information, please contact:<\/em>
\n <\/strong>\n <\/p>\n\n\n\n\n
\n UK Investor Contact:<\/strong>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
Walbrook PR\u00a0Limited<\/td>\n\n Tel: 020 7933 8780 <\/strong>or\u00a0renalytix@walbrookpr.com<\/a><\/td>\n<\/tr>\n
Paul McManus \/ Lianne Cawthorne<\/td>\nMob: 07980 541 893 \/ 07584 391 303<\/td>\n<\/tr>\n<\/table>\n

\n \n <\/p>\n\n\n\n\n
\n US Investor Contact:<\/strong>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
Gilmartin Group<\/td>\n\n investors@renalytixai.com<\/a>\n <\/td>\n<\/tr>\n
Carrie Mendivil \/ Mary Kate McDonough<\/td>\n415-937-5405<\/td>\n<\/tr>\n<\/table>\n

\n About Kidney Disease\u00a0<\/strong>
\n
Kidney disease is now recognised as a public health epidemic affecting over 850 million people globally. The Centers for Disease Control and Prevention (CDC) estimates that 15% of US adults, or 37 million people, currently have chronic kidney disease (CKD). Further, the CDC reports that 9 out of 10 adults with CKD do not know they have it and 1 out of 2 people with very low kidney function who are not on dialysis do not know they have CKD*. Kidney disease is referred to as a \u201csilent killer\u201d because it often has no symptoms and can go undetected until a very advanced stage. Each year kidney disease kills more people than breast and prostate cancer. Every day, 13 patients in the United States die while waiting for a kidney transplant.<\/p>\n

*\u00a0<\/em>https:\/\/www.cdc.gov\/kidneydisease\/publications-resources\/2019-national-facts.html<\/a><\/p>\n

\n About RenalytixAI<\/strong>
\n
RenalytixAI is a developer of clinical grade, artificial intelligence-enabled in vitro<\/em> diagnostic solutions for kidney disease, one of the most common and costly chronic medical conditions globally. The Company’s products are being designed to make significant improvements in kidney disease diagnosis, transplant management, clinical care, and patient stratification for drug clinical trials. For more information, visit\u00a0renalytixai.com<\/a><\/p>\n

\n Notification of dealings in shares by PDMRs of the Company:<\/strong>\n <\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n
\n 1.<\/strong>\n <\/td>\n\n Details of PDMR \/ PDMR Associate<\/strong>\n <\/td>\n<\/tr>\n
(a)\u00a0<\/td>\nName<\/td>\n\n O. James Sterling<\/strong>\n <\/td>\n<\/tr>\n
(b)\u00a0<\/td>\nPosition \/ status<\/td>\n\n Chief Financial Officer<\/strong>\n <\/td>\n<\/tr>\n
(c)\u00a0\u00a0<\/td>\nInitial notification \/<\/p>\n

amendment<\/td>\n

\n Initial Notification<\/strong>\n <\/td>\n<\/tr>\n
\n 2.<\/strong>\n <\/td>\n\n 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<\/strong>\n <\/td>\n<\/tr>\n
(d)\u00a0<\/td>\nDescription of the financial instrument<\/td>\n\n Acquisition of Ordinary Shares to be converted to American Depositary Shares<\/strong>\n <\/td>\n<\/tr>\n
(e)\u00a0<\/td>\nNature of the transaction<\/td>\n\n Acquisition of shares<\/strong>\n <\/td>\n<\/tr>\n
(f)\u00a0\u00a0<\/td>\nPrice(s) and volume(s)<\/td>\n\n Price: \u00a34.50<\/strong><\/p>\n

Volume: 4,596 shares<\/strong><\/p>\n

\u00a0<\/strong>\n <\/td>\n<\/tr>\n

(g)\u00a0<\/td>\nAggregated information<\/p>\n

Aggregated volume<\/p>\n

Price<\/td>\n

\n

4,596\u00a0s<\/strong>
\n hares<\/strong><\/p>\n

\u00a0\u00a320,682<\/strong>\n <\/td>\n<\/tr>\n

(h)\u00a0<\/td>\nDate of the transaction<\/td>\n4 March 2021<\/td>\n<\/tr>\n
(i)\u00a0\u00a0\u00a0<\/td>\nPlace of the transaction<\/td>\nOutside a trading venue<\/td>\n<\/tr>\n<\/table>\n

\u00a0<\/p>\n


\n
\n \n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

NEW YORK, March 04, 2021 (GLOBE NEWSWIRE) — Renalytix AI plc (LSE: RENX) (NASDAQ: RNLX), 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 under the Company\u2019s Employee Share Purchase Plan (\u201cthe ESPP\u201d), new 17,652 ordinary shares of \u00a30.0025 each in the capital of the Company (\u201cthe Ordinary Shares\u201d) have been issued to settle the purchase of 8,826 American Depositary Shares, each representing two Ordinary Shares (\u201cADSs\u201d) by employees who participated in the ESPP. Further details in relation to the ESPP were contained in the Company\u2019s announcement of 2 September 2020. O. James Sterling, Chief Financial Officer, participated in the plan and acquired … <\/p>\n

Continue reading “Renalytix AI plc\u00a0Issue of Shares Under the 2020 Employee Share Purchase Plan, PDMR Dealing and Total Voting Rights”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-451092","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nRenalytix AI plc\u00a0Issue of Shares Under the 2020 Employee Share Purchase Plan, PDMR Dealing and Total Voting Rights - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/renalytix-ai-plc-issue-of-shares-under-the-2020-employee-share-purchase-plan-pdmr-dealing-and-total-voting-rights\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Renalytix AI plc\u00a0Issue of Shares Under the 2020 Employee Share Purchase Plan, PDMR Dealing and Total Voting Rights - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NEW YORK, March 04, 2021 (GLOBE NEWSWIRE) — Renalytix AI plc (LSE: RENX) (NASDAQ: RNLX), 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 under the Company\u2019s Employee Share Purchase Plan (\u201cthe ESPP\u201d), new 17,652 ordinary shares of \u00a30.0025 each in the capital of the Company (\u201cthe Ordinary Shares\u201d) have been issued to settle the purchase of 8,826 American Depositary Shares, each representing two Ordinary Shares (\u201cADSs\u201d) by employees who participated in the ESPP. 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Further details in relation to the ESPP were contained in the Company\u2019s announcement of 2 September 2020. O. 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