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9 Apr 2025 15:53
This announcement contains information which, prior to its disclosure, was inside information as stipulated under Regulation 11 of the Market Abuse (Amendment) (EU Exit) Regulations 2019/310 (as amended). Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.
09/04/2025
Valereum Plc
("Valereum", "VLRM" or the "Company")
DMC £19m Subscription - Expected Completion
£1m Conditional Fundraise Terminated
Valereum Plc (AQSE: VLRM) would like to inform the markets that the previously announced £19 million strategic deal with DMC is nearing completion and all documents have been signed and are held in escrow by the Company's legal advisers. On receipt of funds, we will update the markets accordingly.
The previously proposed additional £1 million subscription by a UK institutional investor will no longer proceed.
For more information, and the chance to have your questions directly answered by the management team, please head to our interactive investor hub via: Investor Hub. Here you will find all company news and additional content to further explain Valereum's strategy and products.
For further information, please contact:
Valereum Plc Peter Sekhon, Investor Relation Director Engage with the company directly |
Tel: +44 7938 767319 Investor Hub |
Stanford Capital Partners Bob Pountney/ Patrick Claridge |
Tel: +44 023 3650 3650 |
AQSE Corporate Adviser First Sentinel Corporate Finance Brian Stockbridge / Gabrielle Cordeiro
|
Tel: +44 20 3855 5551 |
The Directors of the Company accept responsibility for the contents of this announcement.
For more information, please visit the Company's website at www.vlrm.com or to engage with the Valereum management team directly by asking questions, watching video summaries and seeing what other shareholders have to say.
Navigate to our Interactive Investor hub here: Sign Up
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