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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Valereum Plc | AQSE:VLRM | Aquis Stock Exchange | Ordinary Share | GI000A2P2W41 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.25 | -4.55% | 5.25 | 5.00 | 6.00 | 5.675 | 5.00 | 5.50 | 473,578 | 16:29:59 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMVLRM
RNS Number : 9708E
Valereum PLC
01 November 2022
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR")
1 November 2022
Valereum Plc
("Valereum" or the "Company")
Issue of Shares
Valereum Plc, the Gibraltar technology group, is pleased to announce that it will be issuing a total of 1,260,337 new ordinary shares of 0.1 pence each (the "Ordinary Shares") at a price of 10.3175 pence per share which equates to GBP130,035 (US$150,000), following the conversion notice received by the Company under the terms of the funding facility announced on 31(st) January 2022. This brings the outstanding balance down to US$2.35m.
Application will be made for the listing of the new Ordinary Shares, which will rank pari passu with the existing Ordinary Shares in issue, to be admitted to trading on the AQSE Growth Market ("Admission"). Dealings are expected to commence on or about 4 November 2022 and the issue is subject only to Admission.
Following the issuance of shares, the Company's total issued and voting share capital upon Admission will consist of 76,407,610 Ordinary Shares. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, securities of the Company.
The Directors of the Company accept responsibility for the contents of this announcement.
END
Enquiries:
Valereum Plc
Richard Poulden, Chairman
Tel: +971 4584 6284
AQSE Corporate Adviser
First Sentinel Corporate Finance
Brian Stockbridge
Tel: +44 (0) 7876 888 011
Investor Relations
J&H Communications Limited
James Henderson
Tel: +44 (0)7774 444163
james@j-hcommunications.com
George Hudson
Tel: +44 (0)7803 603130
george@j-hcommunications.com
For more information, please visit the Company's website at valereum.gi
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END
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(END) Dow Jones Newswires
November 01, 2022 12:28 ET (16:28 GMT)
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