Notice of AGM

RNS Number : 9678T

Sareum Holdings PLC

20 November 2019

 

(AIM: SAR)
20 November 2019

Sareum Holdings plc

("Sareum" or "the Company")

Notice of AGM and Annual Report & Accounts

Sareum Holdings plc (AIM: SAR), the specialist small molecule drug development business, is pleased to announce that the Company's Annual General Meeting ("AGM") will be held at 10.00 a.m. on 17 December 2019 at the offices of Citigate Dewe Rogerson, 8th Floor, Holborn Gate, 26 Southampton Buildings London WC2A 1AN.

The Notice of AGM, along with a copy of the Company's Annual Report and Accounts for the year ended 30 June 2019, will be posted today to those shareholders who requested a hard copy. A copy of both documents will shortly be available on the Company's website www.sareum.co.uk.

For further information, please contact: 

Sareum Holdings plc
Tim Mitchell	01223 497 700
Strand Hanson Limited (Nominated Adviser)
James Dance / Richard Tulloch	020 7409 3494
Hybridan LLP (Nominated Broker)
Claire Noyce / John Beresford-Peirse	020 3764 2341
Citigate Dewe Rogerson (Media enquiries)
Mark Swallow / David Dible	020 7638 9571

Notes for editors:

Sareum is a specialist drug development company delivering targeted small molecule therapeutics to improve the treatment of cancer and autoimmune disease. The Company aims to generate value through licensing its candidates to international pharmaceutical and biotechnology companies at the preclinical or early clinical trials stage.

Sareum is advancing internal programmes focused on distinct dual tyrosine kinase 2 (TYK2) / Janus kinase 1 (JAK1) inhibitors through preclinical development as therapies for autoimmune diseases (SDC-1801) and cancers (SDC-1802). The Company is targeting first human clinical trials in each indication in 2020.

Sareum also has an economic interest in SRA737, a clinical-stage oral, selective Checkpoint kinase 1 (Chk1) inhibitor that targets cancer cell replication and DNA damage repair mechanisms. Preliminary data suggest SRA737 may have broad application in combination with other oncology and immune-oncology drugs in genetically defined patients. SRA737 was discovered and initially developed by scientists at The Institute of Cancer Research in collaboration with Sareum, and with funding from Cancer Research UK. SRA737 was licensed by CRT Pioneer Fund (CPF) to Sierra Oncology, in a $328.5m plus royalties licence deal, with Sareum eligible to receive 27.5% of all payments to CPF under the agreement.

Sareum Holdings plc is listed on the AIM market of the London Stock Exchange, trading under the ticker SAR. For further information, please visit the Company's website at www.sareum.co.uk.

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