Director dealings: Oxford Biodynamics director lowers stake

Oxford Biodynamics revealed on Friday that Vulpes Testudo Fund had offloaded 777,000 ordinary shares in the AIM-listed biotechnology company.

Vulpes Testudo, which is controlled by non-executive director Stephen Diggle, sold the shares on Wednesday at an average price of 38.30p each, for a total value of £297,590.99.

Following the transaction, Diggle holds an interest in a total of 27.55m OBD shares, representing approximately 13.62% of the company's current issued share capital.

Earlier in October, Oxford BioDynamics successfully secured a proprietary laboratory analysis (PLA) code from the American Medical Association's Current Procedural Terminology Editorial Board. OBD said the unique code pertained to its EpiSwitch prostate screening test, which boasts a 94% accuracy.

As of 1530 BST, Oxford Biodynamics shares were up 2.25% at 34.80p.

Reporting by Iain Gilbert at Sharecast.com

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