REG - Polarean Imaging PLC - Total Voting Rights

Polarean ImagingAnnouncement

31/08/2021 07:05

RNS Number : 9322J
  
Polarean Imaging PLC
  
31 August 2021
  
 

Polarean Imaging plc 
("Polarean" or the "Company")
 
Total Voting Rights
 
Polarean Imaging plc (AIM: POLX), the medical‑imaging technology company, with a proprietary drug‑device combination product using hyperpolarised xenon-129 gas to enhance magnetic resonance imaging (MRI) in pulmonary medicine, announces that the total number of shares in issue and total voting rights as at the date of this announcement is 209,073,166 ordinary shares of £0.00037 each.
 
The total issued share capital of the Company consists of 209,073,166 Ordinary Shares. This number may be used by Shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.
 
Enquiries:
 



Polarean Imaging plc


www.polarean.com / www.polarean-ir.com




Richard Hullihen, Chief Executive Officer


Via Walbrook PR




Jonathan Allis, Chairman


















Stifel Nicolaus Europe Limited (NOMAD and Sole Corporate Broker)


+44 (0)20 7710 7600




Nicholas Moore / Ben Maddison / Samira Essebiyea (Healthcare Investment Banking)








Nick Adams / Fred Walsh (Corporate Broking)


















Walbrook PR


Tel: +44 (0)20 7933 8780 or polarean@walbrookpr.com




Paul McManus / Anna Dunphy


Mob: +44 (0)7980 541 893 / +44 (0)7879 741 001










 
About Polarean (www.polarean.com)
The Company and its wholly owned subsidiary, Polarean, Inc. (together the "Group") are revenue generating, medical drug-device combination companies operating in the high resolution medical imaging market. 
 
The Group develops equipment that enables existing MRI systems to achieve an improved level of pulmonary function imaging and specialises in the use of hyperpolarised Xenon gas (129Xe) as an imaging agent to visualise ventilation and gas exchange regionally in the smallest airways of the lungs, the tissue barrier between the lung and the bloodstream and in the pulmonary vasculature. Xenon gas exhibits solubility and signal properties that enable it to be imaged within other tissues and organs.
 
In October 2020, the Group submitted a New Drug Application ("NDA") to the FDA for hyperpolarised 129Xe used to evaluate pulmonary function and to visualise the lung using MRI. In December 2020, the Group received confirmation of acceptance of its NDA by the FDA, with a target PDUFA action date of 5 October 2021.
 
The Group operates in an area of significant unmet medical need and the Group's technology provides a novel diagnostic approach, offering a non-invasive and radiation-free functional imaging platform which is more accurate and less harmful to the patient than current methods. The annual burden of pulmonary disease in the US is estimated to be over US$150 billion.
 

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