Result of RetailBook Offer

genedrive plc (AIM: GDR), the point-of-care pharmacogenetic testing company announced on 27 March 2025 the launch of a fundraising comprising a Subscription in conjunction with a retail offer via RetailBook (the "RetailBook Offer", together with the Subscription, the "Fundraising").

The Company is pleased to announce that the RetailBook Offer successfully completed and closed at 5.00 p.m. on 31 March 2025 and that it has conditionally raised approximately £226,308.92 in the RetailBook Offer through the issue of 15,087,261 new Ordinary Shares at the Issue Price of 1.5 pence per share.

Accordingly, following the close of the RetailBook Offer, the Company has conditionally raised gross proceeds of approximately £1.23 million at the Issue Price via the Fundraising requiring the issue and allotment of 81,753,927 new Ordinary Shares (the "Fundraising Shares").

Capitalised terms used in this announcement shall, unless defined in this announcement or unless the context provides otherwise, bear the same meaning ascribed to such terms in the Equity fundraise announcement.

Admission and Total Voting Rights

Application has been made to the London Stock Exchange for the Fundraising Shares to be admitted to trading on trading on AIM. Admission is expected to take place and dealings in the Fundraising Shares are expected to commence at 8.00 a.m. on 3 April 2025, at which time it is also expected that the Fundraising Shares will be enabled for settlement in CREST.

Immediately following Admission, the issued share capital of the Company is expected to comprise 624,895,408 Ordinary Shares. Each Ordinary Share has one voting right and no Ordinary Shares are held in treasury. From Admission, this figure may be used by Shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

References to times in this Announcement are to London time unless otherwise stated. The times and dates mentioned throughout this Announcement may be adjusted by the Company in which event the Company will make an appropriate announcement to a Regulatory Information Service giving details of any revised dates and the details of the new times and dates will be notified to London Stock Exchange plc (the "London Stock Exchange") and, where appropriate, Shareholders. Shareholders may not receive any further written communication.