REG - Celadon Pharma. PLC - Second Admission of Shares

Celadon PharmaceuticalsAnnouncement

07/06/2024 07:00

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RNS Number : 4964R  Celadon Pharmaceuticals PLC  07 June 2024

Celadon Pharmaceuticals Plc

 

("Celadon" or the "Company" or the "Group")

 

Second Admission of Shares

 

London, 07 June 2024 - Celadon Pharmaceuticals Plc (AIM: CEL), a UK-based
pharmaceutical company focused on the development, production and sale of
breakthrough cannabis-based medicines, is pleased to announce that further to
the announcement on 10 May 2024, application for the admission of 238,095 new
ordinary shares to trading on AIM (the "Second Admission") has been made. It
is expected the shares will be admitted to trading on 11 June 2024.

 

The remaining 476,191 shares are due to be admitted in two further instalments
on 15 July and 12 August 2024.

 

The Company advises that on Admission the Company's issued share capital will
consist of 65,982,712 Ordinary Shares, with one voting right each. The Company
does not hold any shares in treasury. Therefore, the total number of Ordinary
Shares and voting rights in the Company will be 65,982,712. This figure may be
used by shareholders in the Company as the denominator for the calculations by
which they will determine if they are required to notify their interest in, or
a change to their interest in, the share capital of the Company under the
FCA's Disclosure Guidance and Transparency Rules.

 

 

 

Enquiries:

 Celadon Pharmaceuticals Plc
 James Short                                                                                  Via Powerscourt

 Jonathan Turner

 Canaccord Genuity Limited (Nominated Adviser and Broker)
 Bobbie Hilliam / Andrew Potts                                                                +44 (0)20 7523 8000

 Global Investment Strategy UK Limited (Joint Broker)

 James Sheehan                                                                                +44 (0)20 7048 9400

 Powerscourt Group
 Sarah MacLeod / Nick Johnson / Sam Austrums                                                  +44 (0)20 7250 1446

About Celadon Pharmaceuticals Plc

Celadon Pharmaceuticals Plc is a UK based pharmaceutical company focused on
the research, cultivation, manufacturing, and sale of breakthrough
cannabis-based medicines. Its primary focus is on improving quality of life
for chronic pain sufferers, as well as exploring the potential of
cannabis-based medicines for other conditions such as autism. Its 100,000 sq.
ft UK facility is EU-GMP approved and comprises indoor hydroponic cultivation,
proprietary GMP extraction and manufacturing and an analytical and R&D
laboratory. Celadon's Home Office licence allows for the commercial supply of
its GMP pharmaceutical cannabis product. The Group owns an approved clinical
trial using cannabis based medicinal products to treat chronic pain in the UK.
Celadon also has a minority interest in early-stage biopharma Kingdom
Therapeutics which is developing a licensed cannabinoid medicine to treat
children with Autism Spectrum Disorder.

 

For further information please visit our website www.celadonpharma.co.uk
(http://www.celadonpharma.co.uk)

 

 

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