REG - Solvonis Therapeutic - Exercise of warrants

Solvonis TherapeuticsAnnouncement

18/07/2025 11:15

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RNS Number : 6918R  Solvonis Therapeutics PLC  18 July 2025

18 July 2025
Solvonis Therapeutics plc

("Solvonis" or the "Company")

Exercise of warrants

Solvonis Therapeutics plc (LSE: SVNS), a clinical-stage biopharmaceutical
company developing novel medicines for addiction and mental health disorders,
announces that the Company has received a notice to exercise warrants over
20,000,000 new ordinary shares of £0.001 each in the Company (the "Warrant
Shares") at an exercise price of £0.001 per Warrant Share, raising £20,000
of new funds for the Company.

Admission and Total Voting Rights

Application will be made for the Warrant Shares to be admitted to trading on
the Main Market of the London Stock Exchange and to listing in the FCA's
Official List Equity Shares (transition) category ("Admission"). It is
expected that Admission will become effective at 8.00 a.m. on or around 24
July 2025.

Following Admission, the Company's issued ordinary share capital will comprise
6,262,104,024 ordinary shares of £0.001 each. This figure may 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 in their interest in, the share capital of the Company under the FCA's
Disclosure Guidance and Transparency Rules.

Enquiries:

Solvonis Therapeutics plc

Anthony Tennyson, CEO & Executive Director

anthony@solvonis.com

Allenby Capital Limited (Financial Adviser and Joint Broker)

Nick Naylor / Nick Athanas / Ashur Joseph (Corporate Finance)

Guy McDougall (Sales & Corporate Broking)

+44 (0) 20 3328 5656

Singer Capital Markets (Joint Broker)

Phil Davies

+44 (0) 20 7496 3000

About Solvonis Therapeutics plc

Solvonis Therapeutics plc (LSE: SVNS) is a clinical-stage biopharmaceutical
company developing novel medicines for addiction and mental health disorders.
Headquartered in London and listed on the main market of the London Stock
Exchange, Solvonis is advancing a differentiated pipeline of repurposed and
novel compounds targeting high-burden neuropsychiatric conditions with
significant unmet need.

The Company's lead programmes address Alcohol Use Disorder ("AUD") and
Post-Traumatic Stress Disorder ("PTSD"), conditions which the Company
estimates affect over 80 million people across the UK, US, and EU4. Its lead
asset, SVN-001, is currently in Phase 3 for severe AUD in the UK and EU.
SVN-002 is preparing for a Phase 2b trial in the US targeting moderate to
severe AUD. Solvonis also has a preclinical PTSD programme leveraging novel
serotonin-dopamine modulators designed to enhance pro-social behaviour and
long-term outcomes.

In addition, Solvonis is advancing an AI-supported discovery programme built
on a proprietary CNS compound library, with initial focus on depression and
stimulant use disorders. This initiative expands the Company's R&D
pipeline into earlier-stage innovation while maintaining strategic focus on
comorbid and underserved neuropsychiatric conditions.

With a capital-efficient model, dual development strategy, and near-term
partnering opportunities, Solvonis is positioned to generate value through
innovation in neuropsychiatry.

 

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