Sareum Holdings PLC Notice of Full Year Results (8832O)

TIDMSAR

RNS Number : 8832O

Sareum Holdings PLC

07 October 2019

(AIM:SAR)

7 October 2019

SAREUM HOLDINGS PLC

("Sareum" or "the Company")

NOTICE OF FULL YEAR 2019 RESULTS

Sareum Holdings plc (AIM: SAR), the specialised small molecule drug development business, will announce its results for the full year ended 30 June 2019 on Tuesday 15 October.

A conference call will take place on the same day at 10:00am. Stephen Parker, Chairman, Tim Mitchell, Chief Executive Officer and John Reader, Chief Scientific Officer, will present the financial and operational results followed by a Q&A session.

Dial-in details for the conference call are:

   --    UK Toll Free: 0808 109 0700 
   --    Standard International Access: [phone] 

The call password is Sareum.

The results presentation will be available in the Document Centre in the Investors section of the Sareum website (www.sareum.com/investors) from 7:00am the same day.

For further information, please contact:

 
Sareum Holdings plc 
Tim Mitchell                               01223 497 700 
Strand Hanson Limited (Nominated Adviser) 
James Dance / Richard Tulloch              020 7409 3494 
Hybridan LLP (Nominated Broker) 
Claire Noyce / John Beresford-Peirse       020 3764 2341 
Citigate Dewe Rogerson (Media enquiries) 
Shabnam Bashir / Mark Swallow / David 
 Dible                                     020 7638 9571 
 

Notes for editors:

Sareum is a specialist drug development company delivering targeted small molecule therapeutics to improve the treatment of cancer and autoimmune disease. The Company aims to generates value through licensing its candidates to international pharmaceutical and biotechnology companies at the preclinical or early clinical trials stage.

Sareum is advancing internal programmes focused on distinct dual tyrosine kinase 2 (TYK2) / Janus kinase 1 (JAK1) inhibitors through preclinical development as therapies for autoimmune diseases (SDC-1801) and cancers (SDC-1802). The Company is targeting first human clinical trials in each indication in 2020.

Sareum also has an economic interest in SRA737, a clinical-stage oral, selective Checkpoint kinase 1 (Chk1) inhibitor that targets cancer cell replication and DNA damage repair mechanisms. Preliminary data suggest SRA737 may have broad application in combination with other oncology and immune-oncology drugs in genetically defined patients. SRA737 was discovered and initially developed by scientists at The Institute of Cancer Research in collaboration with Sareum, and with funding from Cancer Research UK. SRA737 was licensed by CRT Pioneer Fund (CPF) to Sierra Oncology, in a $328.5m plus royalties licence deal, with Sareum eligible to receive 27.5% of all payments to CPF under the agreement.

Sareum Holdings plc is listed on the AIM market of the London Stock Exchange, trading under the ticker SAR. For further information, please visit www.sareum.co.uk

- Ends -

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 [e-mail] or visit www.rns.com.

END

NORBUBDGCGGBGCS

(END) Dow Jones Newswires

October 07, 2019 02:00 ET (06:00 GMT)