REG - ValiRx PLC - Appointment of Broker

ValiRxAnnouncement

25/08/2021 07:00

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RNS Number : 6656J  ValiRx PLC  25 August 2021

 

25 August 2021

 

ValiRx Plc

 

("ValiRx" or the "Company")

 

Appointment of Broker

 

ValiRx Plc (AIM: VAL), has appointed Cenkos Securities plc ("Cenkos") as its
sole broker with immediate effect.

In connection with the appointment of Cenkos, the Company has granted Cenkos
with a warrant over 3,902,949 ordinary shares in the Company exercisable at
price of 22p, being the closing mid-price on 24 August 2021 ("Warrants"). The
Warrants are exercisable in whole or in part for the period commencing 12
months after the commencement of their engagement and ending 60 months after
their engagement.

Dr Kevin Cox, Chairman commented: "We are very much looking forward to working
closely with the Cenkos growth companies team to help deliver and further
develop the strategy we have been building over the last year. After a period
of consolidation and stability, this is a natural evolution in our growth
plans."

 

 ValiRx plc                                          Tel: +44 (0) 2476 796496

                                                     www.valirx.com (http://www.valirx.com/)
 Suzanne Dilly, CEO                                  Suzanne.Dilly@valirx.com

 Cairn Financial Advisers LLP (Nominated Adviser)    Tel: +44 (0) 20 7213 088

 Liam Murray / Jo Turner / Ludovico Lazzaretti

 Cenkos Securities Plc (Broker)                      Tel: +44 (0)20 7397 8900

 Russell Kerr/Michael Johnson (Sales)

 Callum Davidson/Giles Balleny (Corporate finance)

 

About ValiRx plc

ValiRx accelerates the development of treatments in oncology and women's
health to improve patient lives. We provide the scientific, financial and
commercial framework towards enabling rapid translation of innovative science
into clinical development.

With our extensive and proven experience in research and drug development, we
select and incubate promising novel drug candidates and guide them through an
optimised process of development, from pre-clinical studies to clinic and
investor-ready assets.

Integrating science and business

We connect diverse disciplines across scientific, technical and commercial
domains, with the aim of achieving a more streamlined, less costly, drug
development process.  We work closely with our selected collaborators and
leverage the combined expertise required for science to advance.

Lead candidates from our portfolio are out-licensed or partnered with
investors through ValiRx subsidiary companies for further clinical development
and commercialisation. https://www.valirx.com/ (https://www.valirx.com/)

 

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