REG - SkinBioTherapeutics - Warrant Exercise Notice and Total Voting Rights

SkinbiotherapeuticsAnnouncement

03/04/2025 07:00

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RNS Number : 4240D  SkinBioTherapeutics PLC  03 April 2025

3 April 2025

 

SkinBioTherapeutics plc

("SkinBioTherapeutics" or "the Company")

 

 

Warrant Exercise Notice and Total Voting Rights

 

SkinBioTherapeutics plc, (AIM: SBTX, or the "Company"), the life science
business focused on skin health, announces that it received an Exercise Notice
from Macquarie ("Macquarie") for 1,000,000 ordinary shares in
SkinBioTherapeutics plc at £0.2043 per share.

 

Following the above exercise, the remaining warrants outstanding with
Macquarie are 1,099,244 warrants.

 

 

Admission and Total Voting Rights

 

Application has been made for the 1,000,000 new ordinary shares, which will
rank pari passu in all respects with the existing ordinary shares of the
Company, to be admitted to AIM, which is expected to occur on or around 8.00
a.m. on 8 April 2025 ("Admission"). Upon Admission, the total number of issued
shares and the total number of voting rights in the Company will be
232,975,383.

 

The above figure of 232,975,383 should 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 Financial Conduct Authority's
Disclosure Guidance and Transparency Rules.

 

-Ends-

The information communicated in this announcement contains inside information
for the purposes of Article 7 of the Market Abuse Regulation (EU) No.
596/2014.

 

 

 

 

For more information please contact:

 

 SkinBioTherapeutics plc                            Tel: +44 (0) 191 495 7325

 Stuart J. Ashman, CEO

 Manprit Randhawa, CFO

 Cavendish Capital Markets Limited                  Tel: +44 (0) 20 7220 0500

 (Nominated Adviser & Broker)

 Giles Balleny, Dan Hodkinson (Corporate Finance)

 Charlie Combe (Broking)

 Dale Bellis, Tamar Cranford-Smith (Sales)

 Vigo Consulting (financial press)                  Tel: +44 (0) 20 7390 0230

 Rozi Morris                                        SkinBio@vigoconsulting.com (mailto:SkinBio@vigoconsulting.com)

 

 

 

About SkinBioTherapeutics plc

SkinBioTherapeutics is a life science company focused on skin health. The
Company's proprietary platform technology, SkinBiotix(®), is based upon
discoveries made by the translational dermatology team at the University of
Manchester.

The Group's foundation business is targeting the skin healthcare market via
five pillars, the most advanced of which are cosmetic skincare (SkinBiotix)
and food supplements to modulate the immune system by harnessing the gut-skin
axis (AxisBiotix). The cosmetic pillar has a partnership with Croda plcand
the Group's first in-house product, AxisBiotix-Ps™, is a food supplement to
address the symptoms of mild to moderate psoriasis.

The Group is also acting as a consolidator and is making acquisitions in
complementary areas such as skin care and cosmetic applications, that also
bring new distribution and geographical platforms, and manufacturing
capabilities through which it can funnel its in-house pillar products.

The Company listed on AIM in April 2017 and is based in Newcastle, UK. For
more information, visit:www.skinbiotherapeutics.com
(http://www.skinbiotherapeutics.com)  and www.axisbiotix.com
(http://www.axisbiotix.com) .

 

Caution regarding forward looking statements

Certain statements in this announcement, are, or may be deemed to be, forward
looking statements. Forward looking statements are identified by their use of
terms and phrases such as ''believe'', ''could'', "should" ''envisage'',
''estimate'', ''intend'', ''may'', ''plan'', ''potentially'', "expect",
''will'' or the negative of those, variations or comparable expressions,
including references to assumptions. These forward-looking statements are not
based on historical facts but rather on the Directors' current expectations
and assumptions regarding the Group's future growth, results of operations,
performance, future capital and other expenditures (including the amount,
nature and sources of funding thereof), competitive advantages, business
prospects and opportunities. Such forward looking statements reflect the
Directors' current beliefs and assumptions and are based on information
currently available to the Directors.

 

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