Amendment to Open Offer timetable
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Manchester, UK - 15 May 2024: genedrive plc (LSE: GDR), the point of care pharmacogenetic testing company, sets out below a revised Open Offer timetable correcting the version which was announced on 14 May 2024 (RNS Number: 2426O). The latest time and date for splitting Application Forms (to satisfy bona fide market claims only) is 3.00 pm on 24 May 2024 and the recommended latest time and date for requesting withdrawal of Open Offer Entitlements from CREST is 4.30 pm on 22 May 2024. All other dates remain unchanged.
The Company has also agreed to extend the close date for the REX Retail Offer announced on 9 May 2024 to 11.00 am on 29 May 2024 which aligns the close date of the REX Retail Offer with the Open Offer and therefore provides the same length of time for investors to elect to participate in the Fundraising.
Open Offer Timetable
| Event | Date |
| Announcement of the Fundraising Announcement of the results of the Placing | 4.48 p.m. on 9 May 2024 7.00 a.m. on 10 May 2024 |
| Record Date for entitlement under the Open Offer | 6.00 p.m. on 13 May 2024 |
| Publication of the Circular | 14 May 2024 |
| Ex-entitlement date of the Open Offer | 8.00 a.m. on 14 May 2024 |
| Entitlements and Excess CREST Open Offer Entitlements credited to stock accounts of Qualifying CREST Shareholders | As soon as possible after 8.00 a.m. on 15 May 2024 |
| Admission and commencement of dealings in the Firm Placing Shares | 8.00 a.m. on 15 May 2024 |
| Recommended latest time for requesting withdrawal of Open Offer Entitlements from CREST | 4.30 p.m. on 22 May 2024 |
| Latest time and date for depositing Open Offer Entitlements into CREST | 3.00 p.m. on 23 May 2024 |
| Latest time and date for splitting Application Forms (to satisfy bona fide market claims only) | 3.00 p.m. on 24 May 2024 |
| Latest time and date of receipt of proxy votes to be valid at the General Meeting | 11.00 a.m. on 29 May 2024 |
| Latest time and date for receipt of completed Application Forms and payment in full under the Open Offer and settlement of relevant CREST instructions (as appropriate) | 11.00 a.m. on 29 May 2024 |
| Publication of the results of the Open Offer | 30 May 2024 |
| General Meeting | 11.00 a.m. on 31 May 2024 |
| Publication of result of the General Meeting | 31 May 2024 |
| Admission and commencement of dealings in the Conditional Placing Shares and such number of REX Offer Shares and Open Offer Shares applied for | 8.00 a.m. on 3 June 2024 |
| CREST accounts to be credited with New Ordinary Shares | as soon as possible on 3 June 2024 |
| Dispatch of definitive share certificates for New Ordinary Shares in certificated form | Within 10 Business Days of Second Admission |
Notes
- Each of the times and dates set out in the above timetable and mentioned in this document is subject to change by the Company (with the agreement of Peel Hunt), in which event details of the new times and dates will be notified to London Stock Exchange plc and the Company will make an appropriate announcement to a Regulatory Information Service.
- References to times in this document are to London time unless otherwise stated
Product Governance Requirements
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