RNS Number : 2405X
Valereum PLC
14 February 2025
 

 

14/02/2025

Valereum Plc


 ("Valereum", "VLRM" or the "Company")

Valereum PLC Update on Blue Sky Vision Option Exercise

Valereum Plc (AQSE: VLRM) would like to inform the market that the £2 million option agreement with Blue Sky Vision LLC (announced on 16 December 2024 and on 2 January 2025) will not be proceeding. However, Valereum Plc is in negotiations with another entity to take up this subscription as part of the wider ongoing discussions previously announced to the market and expect to come to a satisfactory conclusion during February.

 

There is no guarantee that Valereum Plc will successfully close the proposed £2 million raise and further market updates will be provided in due course.

 

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. Here you will find all company news and additional content to further explain Valereum's strategy and products.

 

For further information, please contact:

 

Valereum Plc

Peter Sekhon, Investor Relation Director

Engage with the company directly

 

Tel: +44 7938 767319 

Investor Hub

Stanford Capital Partners

Bob Pountney/ Patrick Claridge

 

Tel: +44 023 3650 3650

AQSE Corporate Adviser   

First Sentinel Corporate Finance    

Brian Stockbridge / Gabrielle Cordeiro   

 

 

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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