Exercise of Options and Total Voting Rights

RNS Number : 0642U

Oncimmune Holdings PLC

24 July 2020

 

Oncimmune Holdings plc

("Oncimmune" or the "Company")

Exercise of Options & Total Voting Rights

Oncimmune Holdings plc (AIM: ONC.L), the leading global immunodiagnostics group, today announces that following an exercise of options over ordinary shares by an employee of the Company (the "Exercise"), application has been made to the London Stock Exchange for 4,428 new ordinary shares of £0.01 each in the Company ("Ordinary Shares") to be admitted to trading on AIM on or around the 29 July 2020 ("Admission").

The Exercise was made under the 2016 Share Option Plan at an exercise price of £0.315 per Ordinary Share. The new Ordinary Shares will rank pari passu with the Company's existing Ordinary Shares.

Total Voting Rights

The Company advises that, following Admission, the Company's issued share capital will be 63,514,475 Ordinary Shares all with voting rights. The above figure of 63,514,475 may be used by shareholders 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 Company under the FCA's Disclosure and Transparency Rules.

For further information:

Oncimmune Holdings plc

Adam Hill, Chief Executive Officer

Matthew Hall, Chief Financial Officer

[e-mail]

Zeus Capital Limited (Nominated Adviser and Joint Broker)

Andrew Jones, Daniel Harris, Victoria Ayton

[phone]

finnCap (Joint Broker)

Geoff Nash, Matthew Radley, Tim Redfern

[phone]

Media enquiries:

FTI Consulting

Ben Atwell, Michael Trace, Alex Davis

[e-mail]

[phone]

About Oncimmune

Our intimate understanding of the human immune system enables us to harness its sophisticated response to disease to detect cancer earlier and to support the development of better therapies.

The key to improving cancer survival is early detection and better selection for therapy. As a company, we are driven by our passion to improve cancer survival and give people extra time. Oncimmune's immunodiagnostic test, EarlyCDT, can detect and help identify cancer on average four years earlier than standard clinical diagnosis.

The unique combination of our core technology and understanding of the immune system, powers our ImmunoINSIGHTS service; a proprietary platform that enables life science organisations to optimise drug development and delivery, leading to more effective, targeted as well as safer treatments for patients.

Oncimmune was founded in 2002 and launched its platform diagnostic technology in 2009, followed by the launch of its first commercial tests, EarlyCDT Lung and EarlyCDT Liver. To date, over 200,000 tests have been performed for patients worldwide. EarlyCDT Lung was also used in what is believed to be the largest randomised controlled trial for the early detection of lung cancer using biomarkers, the successful National Health Service (NHS) Early detection of Cancer of the Lung ("ECLS") trial of 12,209 high-risk smokers in Scotland. This trial demonstrated that EarlyCDT Lung reduced the incidence of patients with late-stage lung cancer or unclassified presentation at diagnosis, compared to standard clinical practice.

Oncimmune, headquartered at its laboratory facility in Nottingham, UK, has a discovery research centre in Dortmund, Germany and a partner representative office in Shanghai, China. Oncimmune joined the Alternative Investment Market (AIM) of the London Stock Exchange in May 2016 under the ticker ONC.L.

For more information, visit    www.oncimmune.com

 

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