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RNS Number : 2586Q Sareum Holdings PLC 09 July 2025
Sareum Holdings plc
("Sareum" or the "Company")
Exercise of Warrants
Cambridge, UK, 9 July 2025 - Sareum Holdings plc (AIM: SAR), a clinical-stage
biotechnology company developing next-generation kinase inhibitors for
autoimmune disease and cancer, announces that it has received a notice to
exercise certain warrants to subscribe for a total of 1,000,000 new ordinary
shares in the capital of the Company at a price of 12.5 pence per New Ordinary
Share (the "New Ordinary Shares") for a total consideration to the Company
of £125,000.
Admission and Total Voting Rights
Application has been made to the London Stock Exchange plc for the admission
of the 1,000,000 New Ordinary Shares to trading on AIM ("Admission"). It is
expected that Admission will occur at 8.00 a.m. (London time) on or around
Monday 14 July 2025. The New Ordinary Shares will rank pari passu with the
existing ordinary shares.
Immediately following Admission, the total number of ordinary shares in issue
will be 135,411,893. and the total number of voting rights will therefore
be135,411,893 and this figure may be used by shareholders 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 and Transparency Rules.
For Further Information:
Sareum Holdings plc
Stephen Parker, Executive Chairman 01223 497700
ir@sareum.co.uk
Strand Hanson Limited (Nominated Adviser)
James Dance / James Bellman 020 7409 3494
Oberon Capital (Broker)
Mike Seabrook / Nick Lovering 020 3179 5300
ICR Healthcare (Financial PR)
Jessica Hodgson / Davide Salvi 020 3709 5700
About Sareum
Sareum Holdings (AIM:SAR) is a clinical-stage biotechnology company developing
next generation kinase inhibitors for autoimmune disease and cancer.
The Company is focused on developing next generation small molecules which
modify the activity of the JAK kinase family and have best-in-class potential.
Its lead candidate, SDC-1801, simultaneously inhibits TYK2 and JAK1. SDC-1801
is a potential treatment for a range of autoimmune diseases and has entered
Phase 1a/b clinical development with an initial focus on psoriasis.
Sareum is also developing SDC-1802, a TYK2/JAK1 inhibitor with a potential
application for cancer immunotherapy.
The Company also holds the license for SRA737, a clinical-stage Checkpoint
kinase 1 inhibitor that targets cancer cell replication and DNA damage repair
mechanisms.
Sareum Holdings plc is based in Cambridge, UK, and is listed on the AIM market
of the London Stock Exchange, trading under the ticker SAR. For further
information, please visit the Company's website at www.sareum.com
(http://www.sareum.com)
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