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RNS Number : 5064E Celadon Pharmaceuticals PLC 17 September 2024
Celadon Pharmaceuticals Plc
("Celadon" or the "Company" or the "Group")
Admission of Shares and Total Voting Rights
London, 17 September 2024 - Celadon Pharmaceuticals Plc (AIM: CEL), a UK-based
pharmaceutical company focused on the development, production and sale of
breakthrough cannabis-based medicines, is pleased to announce that further to
the announcement on 11 September 2024, application for the admission of
2,625,000 new ordinary shares to trading on AIM (the "Admission") has been
made and 2,625,000 new ordinary shares were admitted to trading today.
The Company advises that on Admission the Company's issued share capital will
consist of 68,845,807 Ordinary Shares, with one voting right each. The Company
does not hold any shares in treasury. Therefore, the total number of Ordinary
Shares and voting rights in the Company will be 68,845,807. This figure may be
used by shareholders in the Company as the denominator for the calculations by
which they will determine if they are required to notify their interest in, or
a change to their interest in, the share capital of the Company under the
FCA's Disclosure Guidance and Transparency Rules.
Enquiries:
Celadon Pharmaceuticals Plc
James Short Via Sodali & Co
Jonathan Turner
Canaccord Genuity Limited (Nominated Adviser and Broker)
Bobbie Hilliam / Andrew Potts +44 (0)20 7523 8000
Global Investment Strategy UK Limited (Joint Broker)
James Sheehan +44 (0)20 7048 9400
Sodali & Co
Elly Williamson / Sam Austrums / Nick Johnson +44 (0)20 7250 1446
About Celadon Pharmaceuticals Plc
Celadon Pharmaceuticals Plc is a UK-based pharmaceutical company focused on
the development, production and sale of breakthrough cannabis-based medicines.
Its primary focus is on improving quality of life for chronic pain sufferers,
as well as exploring the potential of cannabis-based medicines for other
conditions such as autism. Its 100,000 sq. ft UK facility is EU-GMP approved
and comprises indoor hydroponic cultivation, proprietary GMP extraction and an
analytical and R&D laboratory. Celadon's Home Office licence allows for
the commercial supply of its pharmaceutical-grade cannabis product. The Group
owns an approved clinical trial using cannabis-based medicinal products to
treat chronic pain in the UK. Celadon also has a minority interest in
early-stage biopharma Kingdom Therapeutics, which is developing a licensed
cannabinoid medicine to treat children with Autism Spectrum Disorder.
For further information please visit our website www.celadonpharma.co.uk
(http://www.celadonpharma.co.uk)
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