Renalytix plc
("Renalytix" or the "Company")
Director/PDMR share purchase
LONDON and NEW YORK, 20 December 2024 - Renalytix plc (LSE: RENX) (OTCQB: RNLXY), which is commercialising the only FDA-approved and Medicare reimbursed prognostic test to support early-stage risk assessment for chronic kidney disease, announces that Fergus Fleming, Chief Technology Officer and Executive Director, has today bought 25,000 ordinary shares of £0.0025 each ("Ordinary Shares") in the Company at a price of £0.0975 per Ordinary Share.
Following this transaction, Fergus Fleming is interested in 594,481 Ordinary Shares representing 0.18% of the issued share capital of the Company.
For further information, please contact:
| Renalytix plc | |
| James McCullough, CEO | Via Walbrook PR |
| | |
| Stifel (Nominated Adviser and Joint Broker) | Tel: 020 7710 7600 |
| Nicholas Moore / Nick Harland / Ben Good | |
| | |
| Oberon Capital (Joint Broker) | Tel: 020 3179 5300 |
| Mike Seabrook / Nick Lovering | |
| | |
| Walbrook PR Limited | Tel: 020 7933 8780 or renalytix@walbrookpr.com |
| Paul McManus / Alice Woodings | Mob: 07980 541 893 / 07407 804 654 |
| | |
| CapComm Partners | |
| Peter DeNardo
| Tel: 415-389-6400 or investors@renalytix.com |
About Renalytix
Renalytix (LSE: RENX) (OTCQB: RNLXY) is an artificial intelligence-enabled in vitro diagnostics company, focused on optimizing clinical management of kidney disease to drive improved patient outcomes. Renalytix has received FDA approval and Medicare reimbursement for kidneyintelX.dkd which is now offered commercially in the United States.
Unrecognized and uncontrolled kidney disease remains one of the largest barriers to controlling cost and suffering in the United States and the United Kingdom's medical system, affecting over 14 million and 8 million people, respectively. After five years of development and clinical validation, kidneyintelX.dkd is the only FDA-approved and Medicare reimbursed prognostic tool capable of understanding a patient's risk with kidney disease early where treatment has maximal effect. kidneyintelX.dkd is now being deployed across large physician group practices and health systems in select regions of the United States.
The over 10,000 patients that have been tested by kidneyintelX.dkd have produced a substantial body of real-world performance data. In patient populations where kidneyintelX.dkd has been deployed, a demonstrated and significant increase in diagnosis, prognosis, and treatment rates have been recorded. kidneyintelX.dkd now has full reimbursement established by Medicare, the largest insurance payer in the United States, at $950 per reportable result. kidneyintelX.dkd is also recommended for use in the international chronic kidney disease clinical guidelines (KDIGO).
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
| a)
| Name
| Fergus Fleming | |||
| 2
| Reason for the notification
| ||||
| a)
| Position/status
| Chief Technology Officer & 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 | Ordinary shares of £0.0025 each | |||
| | | ||||
| Identification code | GB00BYWL4Y04
| ||||
| | | ||||
| b)
| Nature of the transaction
| Purchase of Ordinary Shares | |||
| c)
| Price(s) and volume(s) | | | | |
| | | Price(s) | Volume(s) | | |
| | | £0.0975 | 25,000 | | |
| | | | | | |
| d)
| Aggregated information | | |||
| | | ||||
| - Aggregated volume | 25,000 | ||||
| - Price | £0.0975 | ||||
| | | ||||
| e)
| Date of the transaction
| 20 December 2024 | |||
| f)
| Place of the transaction
| London Stock Exchange, AIM | |||
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