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ETX E-therapeutics Plc

11.00
-0.15 (-1.35%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
E-therapeutics Plc LSE:ETX London Ordinary Share GB00B2823H99 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.15 -1.35% 11.00 10.50 10.80 11.30 10.95 11.30 169,640 16:29:55
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Coml Physical, Biologcl Resh 475k -8.27M -0.0142 -7.75 64.22M

e-Therapeutics plc Issue of Equity (7708C)

21/10/2020 9:06am

UK Regulatory


E-therapeutics (LSE:ETX)
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TIDMETX

RNS Number : 7708C

e-Therapeutics plc

21 October 2020

e-therapeutics plc

("e-therapeutics" or the "Company")

Issue of equity

Oxford, UK, 21 October 2020 - e-therapeutics plc (AIM: ETX, "e-therapeutics" or the "Company") announce that on 20 October 2020 an application has been made for the issue of 1,683,333 new ordinary shares of 0.1p each (the "New Ordinary Shares") in order to satisfy the exercise of share options by former Non-Executive Directors. The grant of the share options was announced on 11 February 2020.

An application has been made to AIM for the admission of the New Ordinary Shares to trading on AIM ("Admission") and Admission is expected to occur on 26 October 2020. The New Ordinary Shares will rank pari passu in all respects with the Company's existing ordinary shares in issue.

Following Admission, the total number of ordinary shares in the Company with voting rights in issue will be 420,740,129. 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, the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.

-Ends-

For further information, please contact:

 
  e-therapeutics plc 
   Ali Mortazavi, Executive Chairman and           Tel: +44 (0)1993 883 
   CEO                                             125 
                                                   www.etherapeutics.co.uk 
 Numis Securities Limited                        Tel: +44 (0) 207 260 
  Freddie Barnfield/Duncan Monteith (Nominated    1000 
  Adviser)                                        www.numis.com 
  James Black (Corporate Broking) 
 

About e-therapeutics plc

e-therapeutics plc is an Oxford, UK-based company with a powerful computer-based approach to drug discovery, founded on its industry-leading expertise in network biology to fully capture disease complexity. The Company combines network science, machine learning, artificial intelligence, statistics and access to big data with expertise in drug discovery and development to transform the search for new medicines and intervention strategies.

e-therapeutics has developed an in silico laboratory that enables the rapid screening of millions of compounds and the identification of small sub-sets that are enriched for highly active hits. Its proprietary platform also has novel applications in functional genomics, being able to analyse complex genetic datasets, provide a deep understanding of pathological mechanisms and distil actionable insights for the discovery of novel drugs, biomarkers and diagnostics.

e-therapeutics has deployed and validated its disease-agnostic drug discovery platform both in house and with partners, including Novo Nordisk, Galapagos NV and a US-based, top 5 pharmaceutical company.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

IOEFELSAFESSESS

(END) Dow Jones Newswires

October 21, 2020 04:06 ET (08:06 GMT)

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