---
title: "Genedrive Shares Jump 22% on Talks Over £1 Million Shareholder Loan"
publisher: "Share Talk"
author: "sharetalk"
published: "2025-10-31T11:38:55+00:00"
modified: "2025-10-31T11:40:50+00:00"
date: 2025-10-31
canonical: "https://www.share-talk.com/genedrive-shares-jump-22-on-talks-over-1-million-shareholder-loan/"
category: "Health"
categories: ["Health", "Healthcare", "Pharmaceutical"]
tags: ["Antibiotic", "biological", "blood clots", "chemistry", "coronavirus", "COVID-19", "COVID19", "David Budd", "diagnostics", "GDR", "Genedrive", "Genedrive Kit", "Genedrive PLC", "Greater Manchester", "hospital", "infectious diseases", "lab testing", "Manchester", "Matthew Fowler", "molecular", "MT-RNR1 ID Kit", "NHS", "Royal Albert Edward Infirmary", "Royal Bolton Hospital", "SARS-COV-2", "Share Talk", "Stepping Hill Hospital", "Tameside General Hospital", "The Royal Oldham Hospital", "UK hospitals"]
image: "https://i0.wp.com/www.share-talk.com/wp-content/uploads/2024/08/GDR.webp?fit=1200%2C800&quality=80&ssl=1"
format: "news"
language: "en-GB"
---

# Genedrive Shares Jump 22% on Talks Over £1 Million Shareholder Loan

**Published:** October 31, 2025
**Author:** sharetalk
**Categories:** Health, Healthcare, Pharmaceutical
**Tags:** Antibiotic, biological, blood clots, chemistry, coronavirus, COVID-19, COVID19, David Budd, diagnostics, GDR, Genedrive, Genedrive Kit, Genedrive PLC, Greater Manchester, hospital, infectious diseases, lab testing, Manchester, Matthew Fowler, molecular, MT-RNR1 ID Kit, NHS, Royal Albert Edward Infirmary, Royal Bolton Hospital, SARS-COV-2, Share Talk, Stepping Hill Hospital, Tameside General Hospital, The Royal Oldham Hospital, UK hospitals
**Featured image:** ![](https://i0.wp.com/www.share-talk.com/wp-content/uploads/2024/08/GDR.webp?fit=1200%2C800&quality=80&ssl=1)

---

[Genedrive PLC (AIM: GDR)](https://www.investegate.co.uk/announcement/rns/genedrive--gdr/potential-shareholder-loan/9205109)shares **soared 22% to 1.04p** after the diagnostics company confirmed it is in **talks with major shareholder David Nugent** regarding a potential **£1 million loan** to support its operations.

The **AIM-listed firm**, which develops **point-of-care genetic tests** enabling doctors to personalise drug treatments for patients, said **Nugent — who owns around 16% of the company — has expressed willingness to provide direct funding** through a shareholder loan.

While discussions remain **ongoing and no formal terms have been agreed**, Genedrive emphasised that there is **no certainty** a funding deal will be concluded.

Nevertheless, investors **welcomed the update** as a **vote of confidence** from a key backer, particularly following recent shareholder meetings that addressed the company’s **financial position and funding outlook**.

Genedrive said it will **continue constructive discussions** with Nugent and provide **further updates** as negotiations progress.

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**Original URL:** https://www.share-talk.com/genedrive-shares-jump-22-on-talks-over-1-million-shareholder-loan/
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