Business
Placing and Subscription Raising £1,050,000
Valereum Plc has successfully raised £1,050,000 through a placing and subscription of new ordinary shares at £0.02 per share, with net proceeds intended to fund the scale-up of VLRM Markets. Investors will receive warrants, and directors James Bannon and Gary Cottle subscribed for 10,000,000 shares each, increasing their holdings to 17.84% and 3.86% respectively, which constitutes a related party transaction deemed fair by the board. Following admission, the company's total number of ordinary shares will be 542,432,742. Disclaimer*
About this update from Valereum Plc
[{"type":"text","content":"\n\n\n \nDate: 15 May 2026\nFOR IMMEDIATE RELEASE (Aquis Stock Exchange: VLRM)\nValereum Plc\n(\"Valereum\", \"VLRM\" or the \"Company\")\nPlacing and Subscription Raising £1,050,000,\nIssue of Warrants, Holdings in the Company and Directors' Dealing\nValereum Plc (AQSE: VLRM | OTCQB: VLRMF), a company aiming to become the global market leader in the rapidly developing tokenised digital markets sector, is pleased to announce it has raised £1,050,000 million before expenses through a placing and subscription of new Ordinary Shares of £0.001 each.\nThe net proceeds of the raise will be used to fund the scale-up of VLRM Markets by accelerating the conversion of its growing pipeline of issuers, and expanding distribution reach through strategic partnerships and collaborations.\nResults of Placing and Subscription\nThe Placing has raised gross proceeds of £650,000 through the placing of 32,500,000 Placing Shares to investors at a price of £0.02 per share (the \"Placing\"). The Subscription has raised gross proceeds of £400,000 through the issue of 20,000,000 Subscription Shares at £0.02 per share (the \"Subscription\") by James Bannon, Executive Chair and Gary Cottle, CEO of the Company.\nWarrant Issue\nInvestors will receive 1 warrant for every 2 Placing or Subscription Shares, exercisable at £0.06 per share. The warrants will vest immediately and the Placing Warrants will be exercisable over a 2 year period, while the Subscription Warrants will be exercisable over a 5 year period from the issue date.\nIn association with the raise, the Company has also granted warrants to advisers to subscribe for 3,500,000 new Ordinary Shares. Of these, 2,500,000 have an exercise price of £0.02 per share for a period of 5 years, with the remaining 1,000,000 at an exercise price of £0.01 per share also for a period of 5 years. In aggregate 29,750,000 warrants have been issued.\nRule 4.6 Statement - Related Party Transaction\nJames Bannon, a director and substantial shareholder, and Gary Cottle, a director, have each subscribed for 10,000,000 Subscription Shares and subject to Admission will hold 17.84% and 3.86% of the Company's issued share capital, respectively. Their participation in the Subscription and grant of Subscription Warrants constitutes a related party transaction under the Aquis Growth Market Apex Rules. The Directors of Valereum...