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REG - MGC Pharmaceuticals - Application for Admission to Trading

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RNS Number : 8386F  MGC Pharmaceuticals Limited  09 November 2022

MGC Pharmaceuticals Ltd.

Compliance Release - Application for Admission to Trading

9 November 2022

ASX, LSE: MXC

 

 

MGC Pharmaceuticals Ltd ('MGC Pharma' or 'the Company') advises that it is
applying for the admission to the Financial Conduct Authority's Official List,
and to trading on the Main Market of the LSE for 50,200,000 Fully Paid
Ordinary Shares (Shares) issued by MGC Pharma, with the Company is seeking
admission to trading for these Shares from 8:00am (GMT) on 10 November 2022.

Details of the 50,200,000 Shares for which these applications have been lodged
are as follows:

·       50,000,000 Shares issued to MGC employees to settle
salary/wages in lieu of cash settlement

·       200,000 Shares issued on the exercise of securities granted
under the Company's Employee Share Scheme

--Ends--

Authorised for release by the Chairman, for further information please
contact:

 MGC Pharmaceuticals Ltd                                                   MGC Pharmaceuticals Ltd

 Roby Zomer                                                                David Lim

 CEO & Managing Director                                                   Company Secretary

 +61 8 6382 3390                                                           +61 8 6382 3390

 info@mgcpharma.eu (mailto:info@mgcpharma.eu)                              info@mgcpharma.eu (mailto:info@mgcpharma.com.au)
 UK Financial and Corporate Advisor                                        UK Broker

 Hannam & Partners                                                         Turner Pope

 Rupert Fane / Nilesh Patel                                                Andy Thacker

 +44 7810 056 104                                                          +44 203 657 0050

 rf@hannam.partners (mailto:rf@hannam.partners) / nilesh@hannam.partners   info@turnerpope.com (mailto:info@turnerpope.com)
 (mailto:nilesh@hannam.partners)
 UK PR Advisors

 Tavistock

 Charles Vivian / Tim Pearson

 +44 207 920 3150

 mgcpharma@tavistock.co.uk (mailto:mgcpharma@tavistock.co.uk)

About MGC Pharma

MGC Pharmaceuticals Ltd (LSE: MXC, ASX: MXC) is a European based bio-pharma
company, focused on developing and supplying accessible and ethically produced
plant inspired medicines, combining in-house research with innovative
technologies, with the goal of finding or producing treatments to for unmet
medical conditions.

The Company's founders and executives are key figures in the global
pharmaceuticals industry and the core business strategy is to develop and
supply high quality plant inspired medicines for the growing demand in the
medical markets in Europe, North America and Australasia.

MGC Pharma has a robust development pipeline targeting two widespread medical
conditions and has further products under development.

MGC Pharma has partnered with renowned institutions and academia to optimise
the development of targeted plant inspired medicines, to be produced in the
Company's EU-GMP Certified manufacturing facilities.

MGC Pharma has a growing patient base in Australia, the UK, Brazil and Ireland
and has a global distribution footprint via an extensive network of commercial
partners meaning that it is poised to supply the global market.

 

Follow us through our social media channels:

Twitter: @MGC_Pharma

Facebook: @mgcpharmaceuticals

LinkedIn: MGC Pharmaceuticals Ltd.

Instagram: @mgc_pharma

 

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