Immupharma PLC Realisation-c£1.5m on sale of shares in Incanthera
June 03 2024 - 5:09AM
RNS Regulatory News
RNS Number : 8529Q
Immupharma PLC
03 June 2024
RNS
| 3 June 2024
ImmuPharma PLC
("ImmuPharma" or the
"Company")
Realisation of c£1.5 million on sale of shares in Incanthera
plc
ImmuPharma PLC (LSE AIM: IMM), the
specialist drug discovery and development company, announces that
it has realised gross proceeds of c£1.5 million on the sale of its
entire holding of c9.9 million shares in Incanthera plc.
Following this transaction,
ImmuPharma retains c7.3 million warrants in Incanthera plc which
have an exercise price of 9.5p and exercise expiry date of 6
September 2024.
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For further information please
contact:
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ImmuPharma PLC (www.immupharma.com)
Dr Tim Franklin, COO
Lisa Baderoon, Head of Investor
Relations
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+44 (0) 207 206 2650
+ 44 (0) 7721 413496
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|
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|
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SPARK Advisory Partners Limited (NOMAD)
Neil Baldwin
Stanford Capital Partners (Joint Broker)
Patrick Claridge, Bob
Pountney
SI
Capital (Joint Broker)
Nick Emerson
|
+44 (0) 203
368
3550
+44 (0) 203 650 3650/51
+44 (0) 1483 413500
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Notes to Editors
About ImmuPharma PLC
ImmuPharma PLC (LSE AIM: IMM) is a
specialty biopharmaceutical company that discovers and develops
peptide-based therapeutics. The Company's portfolio includes novel
peptide therapeutics for autoimmune diseases and anti-infectives.
The lead program, P140 is a first-in class autophagy
immunomodulator for the treatment of Lupus and CIDP and preclinical
analysis suggests P140 may have therapeutic benefit in many other
autoimmune diseases that are caused by the same dysfunction in the
immune system.
For additional information about
ImmuPharma please visit www.immupharma.co.uk
ImmuPharma's LEI (Legal Entity
Identifier) code : 213800VZKGHXC7VUS895.
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