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Valereum PLC (VLRM)

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Monday 28 February, 2022

Valereum PLC

Juno Acquisition submitted to GFSC for Approval

RNS Number : 0376D
Valereum PLC
28 February 2022
 

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR")

 

 

28th February 2022

Valereum Plc

("Valereum" or the "Company")

 

Juno Group acquisition submitted Gibraltar Regulators for Approval

 

Valereum Plc (AQSE: VLRM), the Gibraltar technology group, announces that, the Company's lawyers in Gibraltar have submitted the change of control application for the Juno Group of Companies ("Juno") to the Gibraltar Financial Services Commission ("GFSC") for approval. Valereum announced the deal to buy Juno on 29 December 2021.

About Juno

Juno is a long-established Gibraltar based group whose three areas of licensed operations cover the formation and management of trusts and similar entities, the administration of funds covering a broad range of activities, including both fiat and crypto currencies and the formation and management of companies in Gibraltar and other jurisdictions worldwide.

On approval of the transaction by the GFSC and completion, Alan Gravett, a director of Valereum, will become Chairman of Juno. Alan has a distinguished history of trust and company management in Gibraltar from his days at Barclays where he helped develop Barclay Trust's operations in Gibraltar.

Carmen Aniceto Megias will become Managing Director of the Juno Group. She has a background and qualifications in company, trust and fund management and has worked in this sector in Gibraltar for over 6 years. She has a Master's Degree in International trade from the European Business School in Madrid and a Bachelors in Economics from the University of Granada.

The Directors of the Company accept responsibility for the contents of this announcement.

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Enquiries: 

 

Valereum Plc

Richard Poulden, Chairman

Tel: +971 4584 6284

 

AQSE Corporate Adviser

Peterhouse Capital Limited

Mark Anwyl

Tel: +44 (0) 207 469 0930

 

Investor Relations

J&H Communications Limited

James Henderson

Tel: +44 (0)7774 444163

[email protected]

 

George Hudson

Tel: +44 (0)7803 603130

[email protected]

 

For more information, please visit the Company's website at valereum.gi

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