Verona Pharma to Announce Operational Update and Financial Results for Full Year ended December 31, 2017

Verona Pharma plc (AIM:VRP) (Nasdaq:VRNA) (“Verona Pharma”), a clinical-stage biopharmaceutical company focused on developing and commercializing innovative therapies for respiratory diseases, announces today that it will report its audited financial results for the full year ended December 31, 2017 on Tuesday, February 27, 2018.

Verona Pharma will host an investment community conference call at 8:00 a.m. Eastern Standard Time (1:00 p.m. Greenwich Mean Time) on February 27, 2018 to discuss the full year financial results and provide a clinical development update.

Analysts and investors may participate in the conference call by utilizing the conference ID: 5228115 and dialing the following numbers:

• 866-564-7439 or [phone] for callers in the United States
• 0800 279 7204 or 44 (0)330 336 9411 for callers in the United Kingdom
• 0800 101 1732 or 49 (0)69 2222 2018 for calls in Germany

Those interested in listening to the conference call live via the internet may do so by visiting the “Investors” page of Verona Pharma’s website at www.veronapharma.com  and clicking on the “Events and Presentations” link.

A webcast replay of the conference call (audio) will be available for 30 days on the “Investors” page of Verona Pharma’s website at www.veronapharma.com.

About Verona Pharma plc

Verona Pharma is a clinical-stage biopharmaceutical company focused on developing and commercializing innovative therapies for the treatment of respiratory diseases with significant unmet medical needs. Verona Pharma’s product candidate, RPL554, is a first-in-class, inhaled, dual inhibitor of the enzymes phosphodiesterase 3 and 4 that acts as both a bronchodilator and an anti-inflammatory agent in a single compound. In clinical trials, treatment with RPL554 has been observed to result in statistically significant improvements in lung function as compared to placebo, and has shown clinically meaningful and statistically significant improvements in lung function when administered in addition to frequently used short- and long-acting bronchodilators as compared to such bronchodilators administered as a single agent. Verona Pharma is developing RPL554 for the treatment of chronic obstructive pulmonary disease (COPD), cystic fibrosis (CF), and potentially asthma.

For further information, please contact:

Verona Pharma plc						Tel: [phone]
Jan-Anders Karlsson, Chief Executive Officer						[e-mail]
Stifel Nicolaus Europe Limited (Nominated Adviser and UK Broker)						Tel: [phone]
Stewart Wallace / Jonathan Senior / Ben Maddison						[e-mail]
FTI Consulting (UK Media and Investor enquiries)						Tel: [phone]
Simon Conway / Natalie Garland-Collins						[e-mail]
ICR, Inc. (US Media and Investor enquiries)
James Heins						Tel: +1 [e-mail]
Stephanie Carrington						Tel. +1 [e-mail]