Source - LSE Regulatory
RNS Number : 3757E
Valereum PLC
09 April 2025
 

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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