Genincode PlcLSE: GENI

Statement re: Silicon Valley Bank

GENinCode Plc

("GENinCode" or the "Company")

Statement re: Silicon Valley Bank

Oxford, UK. GENinCode Plc (AIM: GENI) is aware of media reports indicating the closure of Silicon Valley Bank ("SVB"). The Company does not hold any cash at SVB and does not have a banking relationship with SVB. 

For more information visit www.genincode.com

Enquiries:

GENinCode Plc

www.genincode.com or via Walbrook PR

Matthew Walls, CEO

Paul Foulger, CFO

Stifel Nicolaus Europe Limited (Nomad and Joint Broker)

Tel: +44 (0)20 7710 7600

Alex Price / Ben Maddison / Richard Short

Cenkos Securities Plc (Joint Broker)

Tel: +44 (0)20 7397 8900

Giles Balleny

Dale Bellis / Michael Johnson (Sales)

Walbrook PR Limited

Anna Dunphy / Paul McManus / Louis Ashe-Jepson

Tel: 020 7933 8780 or genincode@walbrookpr.com

About GENinCode:

GENinCode Plc is a UK based company specialising in genetic risk assessment of cardiovascular disease. Cardiovascular disease is the leading cause of death and disability worldwide.

GENinCode operates business units in the UK, Europe through GENinCode S.L.U, and in the United States through GENinCode U.S. Inc.

GENinCode tests and technology provide physicians and patients with globally leading preventative care and treatment strategies. GENinCode invitro-diagnostic molecular tests combine clinical algorithms and bioinformatics to provide advanced patient risk assessment to prevent cardiovascular disease.