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Deal Completion Update

7 Mar 2025 14:08

RNS Number : 8728Z
Valereum PLC
07 March 2025
 

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain. 

 

07/03/2025

 

Valereum Plc

 

("Valereum", "VLRM" or the "Company")

 

Deal Completion Update

Valereum Plc (AQSE: VLRM) provides an update on the £19 million subscription by Valereum Inc., and the £1 million subscription by the institutional investor, announced on 20 February 2025. Completion, initially expected on or around 4 March, has been extended to support the transaction, including relevant due diligence and receipt of source of funds and information required to satisfy KYC / AML laws.

The Board and DMC remain confident about the progress and expect completion in due course.

We will look to update the market when appropriate.

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.

 

The Directors of the Company accept responsibility for the contents of this announcement.

 

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

 

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 videosummaries and seeing what other shareholders have to say.

 

Navigate to our Interactive Investorhub here: Sign Up

 

 

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