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Valereum PLC - Subscription and Director Dealings


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Valereum Plc · VLRM

04/08/2025 07:00

Valereum PLC - Subscription and Director Dealings
RNS Number : 7991T
Valereum PLC
04 August 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.

 

04/08/25

 

 

 

Valereum Plc

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

 

Subscription to Raise £0.4m and Director Dealings

 

Valereum Plc (AQSE: VLRM) announces that the Company has raised a total of £0.4 million via the firm subscriptions as announced on 01 August 2025, comprised of £0.2 million each from its Chairman, James Bannon and its CEO, Gary Cottle through the issuance to each of 6,451,613 new Ordinary Shares of £0.001 in the capital of the Company (the "Subscription Shares") at £0.031 per Subscription Share (the "Subscription Price") (the "Subscription"). As a result of the Subscription a total of 12,903,226 Subscription Shares will be issued.

 

Rule 4.6 Statement - Related Party Transactions

In relation to the Subscription, the Directors (other than James Bannon and Gary Cottle) confirm that, having exercised reasonable care, skill and diligence, the related party transaction to be fair and reasonable as far as the shareholders of the issuer are concerned.

 

Admission

Application will be made for the 12,903,226 Subscription Shares, which will rank pari passu with the existing Ordinary Shares in issue, to be admitted to trading on the AQSE Growth Market ("Admission"). Dealings are expected to commence on or around 7th August 2025 and the issue is subject only to Admission.

 

Total voting rights

Following the issue of the Subscription Shares, the Company's total number of Ordinary Shares in issue will be 229,112,942. This figure may be used by shareholders as the denominator for the calculation to determine if they are required to notify the Company of their interest in, or a change to their interest in, the Company's securities pursuant to the Company's Articles.

 

As announced previously, the proceeds (along with the recent partial sale of VLRM's holding in London BTC Company Limited announced on 29 July 2025) are intended to be used to:

  • Scale existing operations within VLRM Markets and expand onboarding capacity for new tokenised issuers
  • Advance technology development, including looking into exploiting opportunities for the Company's proprietary Digital Financial Market Infrastructure (DFMI) platform, and integration of systems and infrastructure with Fideum, BluBird and DigiShares
  • Explore and expand regulatory approvals in new target jurisdictions to facilitate cross-border tokenisation
  • Support commercial and ecosystem growth initiatives, including crypto advisory services, BTC initiatives, GATE Token and other opportunities.


The FCA notifications, made in accordance with the requirements of the UK Market Abuse Regulation, is appended below.

For further information, please contact:

 

Valereum Plc

Peter Sekhon, Investor Relations / Business Development Manager

Engage with the company directly

 

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 Plc management team, navigate to our Interactive Investorhub here: Sign Up

 

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES OR CONNECTED PERSONS

 

 


1.

Details of the person discharging managerial responsibilities / person closely associated


a)

Name

James Bannon


2.

Reason for the Notification


a)

Position/status

Chairman


b)

Initial notification / Amendment

Initial notification


3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor


a)

Name

Valereum Plc


b)

LEI

213800EJ8BFEQQ9POX79


4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted


a)

Description of the Financial instrument, type of instrument

Ordinary shares of 0.1p each




Identification Code

GI000A2P2W41


b)

Nature of the transaction

Subscription of ordinary shares


c)

Price(s) and volume(s)

 

Price

Volume

£0.031 per Ordinary Share

6,451,613



d)

Aggregated information:

·Aggregated volume

· Price

 

Single transaction, see details in item (c) above


e)

Date of the transaction

01 August 2025


f)

Place of the Transaction

Outside a trading venue

 

 


1.

Details of the person discharging managerial responsibilities / person closely associated


a)

Name

Gary Cottle


2.

Reason for the Notification


a)

Position/status

Director


b)

Initial notification / Amendment

Initial notification


3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor


a)

Name

Valereum Plc


b)

LEI

213800EJ8BFEQQ9POX79


4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted


a)

Description of the Financial instrument, type of instrument

Ordinary shares of 0.1p each




Identification Code

GI000A2P2W41


b)

Nature of the transaction

Subscription of ordinary shares


c)

Price(s) and volume(s)

 

Price

Volume

£0.031 per Ordinary Share

6,451,613



d)

Aggregated information:

· Aggregated volume

· Price

 

Single transaction, see details in item (c) above


e)

Date of the transaction

01 August 2025


f)

Place of the Transaction

Outside a trading venue

 

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