Results of Underwritten Open Offer

Nuformix

12/11/2025 07:00

RNS Number : 1268H

Nuformix PLC

12 November 2025

 

THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND FOR INFORMATION PURPOSES ONLY AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, AND DOES NOT CONSTITUTE AN OFFER OF SECURITIES FOR SALE IN, INTO OR FROM THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION, DISTRIBUTION, OFFER OR SALE WOULD BE UNLAWFUL.

 

THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND DOES NOT CONSTITUTE OR CONTAIN ANY INVITATION, SOLICITATION, RECOMMENDATION, OFFER OR ADVICE TO ANY PERSON TO PURCHASE AND/OR SUBSCRIBE FOR, OTHERWISE ACQUIRE OR DISPOSE OF ANY SECURITIES IN NUFORMIX PLC OR ANY OTHER ENTITY IN ANY JURISDICTION. NEITHER THIS ANNOUNCEMENT NOR THE FACT OF ITS DISTRIBUTION, SHALL FORM THE BASIS OF, OR BE RELIED ON IN CONNECTION WITH ANY INVESTMENT DECISION IN RESPECT OF NUFORMIX PLC.

 

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATIONS (EU) NO. 596/2014 WHICH FORMS PART OF DOMESTIC UK LAW PURSUANT TO THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 ("UK MAR").

 

12 November 2025

 

Nuformix plc

 

("Nuformix" or the "Company")

 

Results of Underwritten Open Offer

 

Total voting rights

 

Nuformix plc (LSE: NFX), a pharmaceutical development company targeting unmet medical needs in fibrosis and oncology via drug repurposing, announces the results of its underwritten Open Offer to Qualifying Shareholders which was announced on 28 October 2025 and closed for acceptances, in accordance with its terms, on 11 November 2025.

 

The Company announces that valid acceptances have been received from Qualifying Shareholders for a total of 465,813,047 Open Offer Shares, representing a take-up of approximately 408.5% of the 114,040,535 Open Offer Shares available.

 

All Qualifying Shareholders who have validly applied for Open Offer Shares will receive their full Basic Entitlement. Applications for Open Offer Shares under the Excess Application Facility will be scaled back on a pro-rata basis, with the same scaling methodology to be applied to each Shareholder who applied for Excess Entitlements. Accordingly, subject to Admission becoming effective, 114,040,535 Open Offer Shares will be issued in connection with the Open Offer, raising approximately £228,081 (before expenses) for the Company at the Issue Price of 0.2 pence per Open Offer Share.

 

Capitalised terms used but not otherwise defined in this announcement bear the meanings ascribed to them in the Circular posted to shareholders on 28 October 2025.

 

Director participation in the Open Offer

 

The Directors have participated in the Open Offer, as follows:

 

Director
No. of Ordinary Shares currently held
% of Existing Ordinary Shares
Number of Open Offer Shares subscribed for
No. of Ordinary Shares held on Admission​
% of the Enlarged Share Capital
Julian Gilbert
22,250,000*
1.11
1,271,428
23,521,428
1.11
Daniel Gooding
49,500,000**
2.48
2,828,571
52,328,571
2.48
Madeleine Kennedy
22,250,000***
1.11
1,271,428
23,521,428
1.11

* held beneficially through Hargreaves Lansdown (Nominees)

* 37,500,000 of which are held beneficially through Interactive Investor Services and 12,000,000 of which are held through Hargreaves Lansdown (Nominees)

*** held beneficially through a nominee appointed by the trading platform, IG Trading and Investments Ltd

 

The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation (2014/596/EU) as it forms part of United Kingdom domestic law by virtue of the European Union (Withdrawal) Act 2018 and as modified by or under the European Union (Withdrawal) Act 2018 or other domestic law, provides further detail.

 

Admission and dealings

 

The Open Offer Shares will, when issued, be credited as fully paid and will rank pari passu in all respects with each other and with the Existing Ordinary Shares, including the right to receive all dividends and other distributions declared, made or paid after the date of Admission. Application has been made to the FCA for the Open Offer Shares to be admitted to the equity shares (transition) category of the Official List in accordance with Chapter 22 of the UKLR and to the London Stock Exchange plc for such Open Offer Shares to be admitted to trading on the London Stock Exchange's main market for listed securities ("Admission"). Dealings in the Open Offer Shares and Admission are expected to take place on or around 8.00 a.m. on 13 November 2025.

 

Total voting rights

 

In accordance with the Financial Conduct Authority's Disclosure, Guidance and Transparency Rules, the Company confirms that following Admission, the Company's enlarged issued ordinary share capital will comprise 2,109,749,903 Ordinary Shares. The Company does not hold any shares in Treasury.  Therefore, from Admission, the total number of voting rights in the Company will be 2,109,749,903 and this figure may be used by shareholders in the Company as the denominator for the calculations to determine if they are required to notify their interest in, or a change to their interest in the Company, under the Disclosure Guidance and Transparency Rules.

 

Enquiries:

Nuformix plc
Dr Dan Gooding, Executive Director
Via IFC Advisory
CMC Markets
Douglas Crippen
+44 (0) 20 3003 8632
IFC Advisory Limited
Tim Metcalfe
Zach Cohen
+44 (0) 20 3934 6630
nuformix@investor-focus.co.uk

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

 

1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Julian Gilbert
2
Reason for the notification
a)
Position/status
Non-Executive Chairman
b)
Initial notification/ Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Nuformix plc
b)
LEI
2138003XG3H3I2J3BJ24
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Identification code
Ordinary shares of nominal value 0.05 pence
GB00BYW79Y38
b)
Nature of the transaction
Subscription of new Ordinary Shares pursuant to Open Offer
c)
Price(s) and volume(s)
Price(s) Volume(s)
0.20 pence
1,271,428
d)
Aggregated information
- Aggregated volume
- Price
1,271,428
£2,542.86
e)
Date of the transaction
11 November 2025
f)
Place of the transaction
Outside a trading venue

 

1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Madeleine Kennedy
2
Reason for the notification
a)
Position/status
Non-Executive Director
b)
Initial notification/ Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Nuformix plc
b)
LEI
2138003XG3H3I2J3BJ24
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Identification code
Ordinary shares of nominal value 0.05 pence
GB00BYW79Y38
b)
Nature of the transaction
Subscription of new Ordinary Shares pursuant to Open Offer
c)
Price(s) and volume(s)
Price(s) Volume(s)
0.20 pence
1,271,428
d)
Aggregated information
- Aggregated volume
- Price
1,271,428
£2,542.86
e)
Date of the transaction
11 November 2025
f)
Place of the transaction
Outside a trading venue

 

1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Daniel Gooding
2
Reason for the notification
a)
Position/status
Executive Director
b)
Initial notification/ Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Nuformix plc
b)
LEI
2138003XG3H3I2J3BJ24
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Identification code
Ordinary shares of nominal value 0.05 pence
GB00BYW79Y38
b)
Nature of the transaction
Subscription of new Ordinary Shares pursuant to Open Offer
c)
Price(s) and volume(s)
Price(s) Volume(s)
0.20 pence
2,828,571
d)
Aggregated information
- Aggregated volume
- Price
2,828,571
£5,657.14
e)
Date of the transaction
11 November 2025
f)
Place of the transaction
Outside a trading venue

 

 

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