Valereum PLC - Option Agreement to Cancel 2m Warrants
RNS Number : 5984B
Valereum PLC
01 October 2025
This announcement contains information which, prior to its disclosure, was inside information as stipulated
under Regulation 11 of the Market Abuse (Amendment) (EU Exit) Regulations 2019/310 (as amended). Upon
the publication of this announcement via a Regulatory Information Service, this inside information is now
considered to be in the public domain.
01/10/25
Valereum Plc
("Valereum", "VLRM" or the "Company")
Option Agreement to Cancel 2 Million Warrants
Valereum Plc (AQSE: VLRM) is pleased to announce that it has entered into an option cancellation
agreement with a service provider to cancel 2,000,000 warrants exercisable at £0.005 over ordinary shares
of £0.001 each in the Company ("Option Agreement" or "Option") ("Warrants").
The Company has paid £10,000 to acquire the Option which may be exercised by the Company in its sole
and absolute discretion at any time within five months of the date of the Option Agreement being 26
September 2025 ("Option Period"), under which the Company may either (i) cancel the Warrants by paying
the cancellation fee of £90,000 to the service provider, or (ii) if not exercised in the Option Period the
Warrants shall, with the Company's consent, be assigned by the service provider to a new warrant holder
with the consent of the Company.
Subject to the Option not having been exercised by the Company during the Option Period, the Warrants
shall, with effect from the expiry of the Option Period, be automatically transferred, assigned and novated by
the service provider to a new warrant holder who will be bound to the original terms of the Warrants.
The purchase of the Option by the Company is considered by the Directors to be in the best interests of the
shareholders.
For more information, and the chance to have your questions directly answered by the management team,
please head to our interactive investor hub via: Investor Hub.
For further information, please contact:
Valereum Plc
Karl Moss Tel: +44 7938 767319
Investor Hub
Fortified Securities
Guy Wheatley Tel: +44 203 4117773
AQSE Corporate Adviser
First Sentinel Corporate Finance
Brian Stockbridge
Tel: +44 20 3855 5551
The Directors of the Company accept responsibility for the contents of this announcement.
For more information, please visit the Company's website at www.vlrm.com or to engage with the Valereum
management team directly by asking questions, watching video summaries and seeing what other
shareholders have to say.
Navigate to our Interactive Investor hub here: Sign Up
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