Exercise of Warrants and Total Voting Rights

RNS Number : 7496E

Oncimmune Holdings PLC

15 March 2022

 

Oncimmune Holdings plc

("Oncimmune" or the "Company")

Exercise of Warrants and Total Voting Rights

Oncimmune Holdings plc (AIM: ONC.L), the leading global immunodiagnostics group, has been notified that on 14 March 2022, Meinhard F. Schmidt, Chairman, exercised warrants over 226,250 ordinary shares of 1 pence each in the Company ("Ordinary Shares") at an exercise price of 1 pence per Ordinary Share. Application has been made for the 226,250 Ordinary Shares to be admitted to trading on AIM ("Admission") which is expected to take place on 18 March 2022.

Mr Schmidt has not sold any of the 226,250 Ordinary Shares and so following this transaction, his total interest in the Company will be 257,250 Ordinary Shares, representing approximately 0.37 per cent. of the Company's issued share capital.

In addition, Mr Schmidt holds options over a total of 1,076,705 Ordinary Shares, representing approximately 1.55 per cent. of the Company's issued share capital.

Total Voting rights

Immediately following Admission, the Company's issued share capital will comprise 69,366,598 Ordinary Shares. Each Ordinary Share has one voting right and no Ordinary Shares are held in treasury. Accordingly, immediately following Admission, the total number of voting rights will be 69,366,598. 

From Admission, this figure may be used by shareholders as the denominator for the calculation 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 Guidance and Transparency Rules.

For further information:

Oncimmune Holdings plc

Dr Adam M Hill, Chief Executive Officer

Matthew Hall, Chief Financial Officer

[e-mail]

Singer Capital Markets (Nominated Adviser and Joint Broker)

Aubrey Powell, Harry Gooden, George Tzimas, James Fischer

[phone]

WG Partners (Joint Broker)

David Wilson, Nigel Barnes

[phone]

Media enquiries:

FTI Consulting

Ben Atwell, Michael Trace, Alex Davis

[e-mail]

[phone]

About Oncimmune

Oncimmune is a leading immunodiagnostics developer, primarily focused on the growing fields of immuno-oncology, autoimmune disease and infectious diseases. Oncimmune has a diversified and growing revenue both from its portfolio of diagnostic products to detect early-stage cancer and its contract discovery and development service business whose platform delivers actionable insights into therapies to the Company's pharmaceutical and biotech partners .

Our understanding of the 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 to give people extra time.

Oncimmune's ImmunoINSIGHTS platform enables life science organisations to optimise drug development and delivery, leading to more effectively targeted and safer treatments for patients. Oncimmune's immunodiagnostic technology, EarlyCDT, can detect and help identify cancer on average four years earlier than standard clinical diagnosis. Our lead diagnostic test, EarlyCDT Lung, targets a vast market estimated to grow to £3.8bn by 2024. With over 200,000 tests already performed for patients worldwide and its use being supported by peer reviewed data in over 12,000 patients, we are poised to become an integral component of future lung cancer detection programmes, globally.

Oncimmune's diagnostic products business is located at its laboratory facility in Nottingham, UK and its ImmunoINSIGHTS service business at its discovery research centre in Dortmund, Germany. The ImmunoINSIGHTS business development team are based in the US and Europe and Oncimmune is seeking to replicate the Dortmund facility in the US in the medium term.

For more information, visit  www.oncimmune.com

Notification and public disclosure of transactions by person discharging managerial responsibilities and persons closely associated with them:

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Meinhard F. Schmidt
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	Oncimmune Holdings plc
b)	LEI	213800HCYIWT6YPI1I02
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 1 pence each
	Identification code	ISIN: GB00BYQ94H38
b)	Nature of the transaction	Exercise of Warrants
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			£0.01	226,250
d)	Aggregated information	N/A - single transaction
	- Aggregated volume
	- Price
e)	Date of the transaction	14 March 2022
f)	Place of the transaction	Outside a trading venue

 

END

 

 

TVRSFEEFLEESEDD