Verona Pharma plc Verona Pharma Plc: Issue Of Equity And Total Voting Rights
March 20 2020 - 7:28AM
UK Regulatory
TIDMVRP
LONDON, March 20, 2020 (GLOBE NEWSWIRE) -- Verona Pharma plc (AIM:VRP)
(Nasdaq:VRNA) ("Verona Pharma"), a clinical-stage biopharmaceutical
company focused on developing and commercializing innovative therapies
for respiratory diseases, announces that it yesterday issued 887,080
Ordinary Shares of 5 pence each (the "New Ordinary Shares") following
the vesting of restricted stock units held by former employees in the
Company, Jan-Anders Karlsson and Piers Morgan.
Application will be made to the London Stock Exchange for the New
Ordinary Shares to be admitted to trading on AIM, with dealings expected
to commence on March 26, 2020 ("Admission").
Total voting rights
Following Admission, the Company will have a total of 106,213,718
Ordinary Shares in issue each carrying one voting right. The Company
does not hold any Ordinary Shares in Treasury. This figure of
106,213,718 Ordinary Shares 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, please contact:
Verona Pharma plc Tel: +44 (0)20 3283
4200
Victoria Stewart, Director of Communications info@veronapharma.com
N+1 Singer Tel: +44 (0)20 3283
4200
(Nominated Adviser and UK Broker)
Aubrey Powell / George Tzimas / Iqra Amin (Corporate
Finance)
Tom Salvesen (Corporate Broking)
(END) Dow Jones Newswires
March 20, 2020 07:28 ET (11:28 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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