e-therapeutics
plc
("e-therapeutics" or "ETX" or the "Company")
Last Day of Dealings on
AIM
London, UK, 8 May 2024 -
e-therapeutics plc (AIM: ETX), a company
integrating computational power and biological data to discover
life-transforming RNAi medicines, provides a further update with
regards to the cancellation of admission of the Company's ordinary
shares to trading on AIM (the "Cancellation"), as originally
announced on 10 April 2024 and as approved by shareholders at the
general meeting held on 29 April 2024.
Shareholders are reminded that the
last day of trading in ETX's ordinary shares on AIM is today, 8 May
2024. Cancellation will become effective at 7:00a.m. on 9 May
2024.
Following Cancellation, shareholders
are encouraged to sign up to the Company's email news alerts via
the e-therapeutics website to remain up to date with the Company's
developments as we continue to advance our portfolio and target
opportunities as a private company. The Company will maintain its
shareholder communications email address -
investorrelations@etherapeutics.co.uk - and investors wishing to
enter into dialogue with the Company are encouraged to email that
address.
Dealing Arrangements
The Company's ordinary shares will
be admitted to trading on the JP Jenkins securities matching
platform from 9 May 2024.
JP Jenkins provides a securities
matching venue for unlisted or unquoted assets in companies,
enabling shareholders and prospective investors to buy and sell
shares on a matched bargain basis. JP Jenkins is a trading name of
InfinitX Limited and Appointed Representative of Prosper Capital
LLP (FRN453007).
Shareholders wishing to trade these
securities can do so through their stockbroker. Trades will be
conducted at a level that JP Jenkins is able to match a willing
seller and a willing buyer. Trades can be conducted, and limits can
be accepted, during normal business hours. Shareholders or
potential investors can place limits via their existing UK
regulated stockbroker.
The indicative pricing for the
ordinary Shares (ISIN: GB00B2823H99), as well as the transaction
history, will be available on the JP Jenkins website
at (https://jpjenkins.com/company/e-therapeutics-plc/).
The provision of the matched bargain
facility will be kept under review by the Board and, in determining
whether to continue to offer a matched bargain facility, the
Company shall consider expected (and communicated) shareholder
demand for such a facility as well as the composition of the
Company's register of members and the costs to the Company and
shareholders.
Following Cancellation, SP Angel
Corporate Finance LLP will cease to act as nominated adviser and
corporate broker to the Company.
Enquiries
e-therapeutics
plc
|
|
Ali Mortazavi,
CEO
Timothy Bretherton, CFO
|
Tel: +44 (0) 20 4551 8888
www.etherapeutics.co.uk
|
|
|
SP Angel Corporate Finance
LLP
|
Tel: +44(0)20 3470 0470
|
Nominated Adviser and Broker
|
|
Matthew Johnson/Caroline Rowe (Corporate
Finance)
|
|
Vadim Alexandre/Rob Rees (Corporate
Broking)
JP Jenkins
Limited
Matched Bargain Facility
Veronika Oswald
|
Tel: +44 (0)20 7469 0937
|
About e-therapeutics plc
e-therapeutics plc ("ETX") uniquely
combines computation and RNAi to discover and develop
life-transforming medicines. ETX's
proprietary RNAi chemistry platform, GalOmic™, enables generation
of specific, potent, and durable siRNA therapeutics for effective
silencing of novel gene targets in hepatocytes. The cutting-edge
HepNet™ computational platform allows ETX to discover better
medicines faster through generation of novel insights and increased
automation across all stages of drug development. HepNet™
encompasses an extensive hepatocyte-specific knowledgebase and a
suite of advanced AI-driven approaches which enable identification
of novel gene targets, rapid target-indication assessment, and
predictive in silico siRNA
design. The Company has specialist expertise and a robust position
in applying computation to biology. Its computational approaches
have been extensively validated through generation of data from
pipeline programs and successful drug discovery collaborations with
biopharma companies, such as Novo Nordisk, Galapagos NV, and iTeos
Therapeutics.
Leveraging the combined capabilities
of HepNet™ and GalOmic™, ETX is progressing a therapeutic
pipeline of highly differentiated RNAi
candidates across a variety of therapeutic areas with high unmet
need. The Company has generated positive proof-of-concept data on
preclinical assets in metabolic dysfunction-associated
steatohepatitis (MASH), dry age-related macular degeneration (dry
AMD), haemophilia, and cardiometabolic disease, further validating
its computationally enhanced approach to research and development.
ETX is currently progressing lead assets ETX-312 for MASH and
ETX-407 for dry AMD through IND-enabling studies and towards the
clinic.