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Pin to quick picksAllergy Thera. Share News (AGY)

Share Price Information for Allergy Thera. (AGY)

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Share Price: 5.00
Bid: 4.50
Ask: 5.50
Change: 0.00 (0.00%)
Spread: 1.00 (22.222%)
Open: 0.00
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Prev. Close: 5.25
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IN BRIEF: Allergy Therapeutics amends facility, plans warrant issue

Wed, 27th Dec 2023 14:17

Allergy Therapeutics PLC - Sussex-based biotechnology company specialising in allergy vaccines - Shares rise as firm enters amendment to the facility agreement it reached in early April with SkyGem Acquisition Ltd and Southern Fox Investments Ltd. Deal provides Allergy Therapeutics with a GBP40 million secured loan facility of which GBP32.5 million is uncommitted. Facility is available to drawdown between January 15 and the same day in 2026, with interest payable semi-annually at 12% per year and a January 15, 2027 repayment date.

Allergy Therapeutics also agrees to issue warrants to SkyGem and Southern Fox following each drawdown, entitling them to subscribe for new shares at 4 pence each. Lenders will be entitled to 25 warrants for each GBP1 drawn down under the amended facility. Company will issue a maximum of 1.00 billion warrants, which will be exercisable in whole or in part from July 1 until January 15, 2027.

Current stock price: 2.40 pence, up 9.1% on Wednesday

12-month change: down 54%

By Emma Curzon, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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18 Mar 2014 06:31

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17 Mar 2014 15:51

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12 Mar 2014 11:33

Allergy Therapeutics Reports Profits, Revenues For Year To End-September

LONDON (Alliance News) - Allergy Therapeutics PLC Wednesday reported revenues of GBP40.5 million and a profit of GBP890,000 for the 12 months to September 30, 2013. The company's financial year runs until the end of June, but it has provided additional figures for the year to end-September

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19 Feb 2014 13:21

Allergy Therapeutics gets green light for hay fever study in Canada

Speciality pharmaceuticals firm Allergy Therapeutics has received the approval from the Canadian health regulators to submit a full clinical trial application for a new study of its hay fever vaccine. Following on from successful discussions held with the US Food and Drug Administration previously,

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19 Feb 2014 09:12

Allergy Therapeutics' Hay Fever CTA Approved By Health Canada

LONDON (Alliance News) - Allergy Therapeutics PLC said Wednesday that the Canadian health authority has approved its proposal to submit a full clinical trial application for an efficacy study for Pollinex Quattro Grass MATA MPL (0.5ml). The speciality pharma firm said its proposal for a new

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27 Jan 2014 09:57

Allergy Therapeutics Says Positive Ragweed Allergy Treatment Published

LONDON (Alliance News) - Allergy Therapeutics PLC said Monday that results from its Phase IIb clinical trial of its Pollinex Quattro ragweed allergy treatment have been published in the Journal of Allergy and Clinical Immunology. The trial showed that the treatment was safe and effective in

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20 Nov 2013 10:05

Allergy Therapeutics Revenues Up 16%, Appoints New R&D Director

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20 Nov 2013 07:52

AIM IN BRIEF: Rangers FC Appoints Graham Wallace As CEO

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20 Nov 2013 07:38

Allergy Therapeutics boosts sales, gains market share

Allergy vaccine developer Allergy Therapeutics reported higher sales and revenue since July and said it was gaining share in all its main markets. The group said net revenues rose 16% in the first four months of this financial year against the same period last year while gross sales at constant cur

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16 Sep 2013 12:53

Allergy Therapeutics Hit By Challenging Conditions As Profit Declines

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16 Sep 2013 12:13

Monday broker round-up

AEC Education: WH Ireland places both its target price (prev.: 11p) and its recommendation under review. Aggreko: Citi reduces target price from 2100p to 2000p leaving its buy recommendation unaltered. Allergy Therapeutics: Panmure Gordon lowers target price from 18p to 16p, while keeping its buy

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27 Dec 2012 14:29

Allergy Therapeutics ends contract with Lincoln Medical

Allergy Therapeutics has terminated its agreement with Lincoln Medical for the distribution rights of Anapen in a number of countries, following a recall of the drug in the UK. The pharmaceutical company said Lincoln Medical undertook a voluntary recall of all unexpired units of Apapen, an adrenali

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10 Dec 2012 16:25

Chamberlin Chairman invests 75k

Castings and engineering group Chamberlin announced on Monday that its Chairman has topped up his stake in the company twice over the couple of weeks. Keith Butler-Wheelhouse acquired a total of 44,500 Chamberlin ordinary shares through his family trust, BW Family Limited (BWFL), representing 0.56%

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9 Nov 2012 16:30

Shanks Chairman buys shares as profits fall

The Chairman of Shanks Group, the FTSE 250 waste management firm, has bought 60,000 shares in the firm following the company's announcement that half year profits fell by 29 per cent. Chairman Adrian Auer purchased the shares at 82.93p each for a total of £49,758. On Thursday the company revealed

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3 Aug 2012 11:45

Small caps round-up: Allergy, XCAP, Totally...

Allergy Therapeutics, a specialist pharmaceutical company focused on allergy vaccination, has welcomed the Food and Drugs Association's decision to lift the clinical hold on the company's grass pollen allergy vaccine clinical development programme, with immediate effect. Allergy has gained approval

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