Valereum PLC Removal of CLN's Update (8350U)
28 11월 2023 - 7:00PM
UK Regulatory
TIDMVLRM
RNS Number : 8350U
Valereum PLC
28 November 2023
The information contained within this announcement is deemed by
the Company to constitute inside information as stipulated under
the Market Abuse Regulation (EU) No. 596/2014 as it forms part of
UK domestic law by virtue of the European Union (Withdrawal) Act
2018 ("MAR")
28/11/2023
Valereum Plc
("Valereum" or the "Company")
Removal of CLN's Update
Valereum Plc (AQUIS: VLRM), the Gibraltar technology group, is
pleased to announce that the existing Convertible Loan Note under
the previous terms of the funding facility announced on 31(st)
January 2022 will be terminated with immediate effect. An agreement
has been reached by both parties which will result in no more
conversion notes being actioned.
James Formolli stated:
"This is fantastic news for the company and all its
shareholders. Removing the current funding facility is the right
thing to do; helping support our strategic ambitions for
sustainable growth and shareholder value ahead of any further
communications".
The directors of the Company accept responsibility for the
contents of this announcement.
This announcement contains inside information for the purposes
of the UK Market Abuse Regulation and the Directors of the Company
are responsible for the release of this announcement.
For more information, please visit the Company's website at
Valereum.gi
Enquiries:
Valereum Plc
James Formolli, Chairman
Tel: +971 4584 6284
AQSE Corporate Adviser
First Sentinel Corporate Finance
Brian Stockbridge
Tel: +44 20 3855 5551
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END
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November 28, 2023 05:00 ET (10:00 GMT)
Valereum (AQSE:VLRM)
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