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On 09 June 2022, Synairgen plc announced it would allot 33,150 new ordinary shares of 1 penny each following an employee's exercise of share options under its Long-Term Incentive Plan. Application has been made for these new shares to be admitted to trading on AIM, with admission expected on 16 June 2022, after which the Company's total issued share capital and voting rights will be 201,374,975 Ordinary Shares.
| Date | 9 Jun 2022 |
| Time | 15:00:01 |
| Category | Capital structure |
| ID | 3689O |
Synairgen plc
('Synairgen' or the 'Company')
Exercise of options and total voting rights
Southampton, UK - 9 June 2022: Synairgen plc (LSE: SNG), the respiratory company developing SNG001, an investigational formulation for inhalation containing the broad-spectrum antiviral protein interferon beta, today announces that it shall allot, concurrent with Admission, 33,150 ordinary shares of 1 penny each in the capital of the Company ("New Ordinary Shares") following the exercise of share options by an employee under the Company's Long-Term Incentive Plan.
Application has been made to the London Stock Exchange for the New Ordinary Shares, which rank pari passu in all respects with the Company's existing Ordinary Shares, to be admitted to trading on AIM which is expected to occur on 16 June 2022 ("Admission").
Following Admission, the Company's total issued share capital will consist of 201,374,975 Ordinary Shares with one voting right per share. The Company does not hold any Ordinary Shares in Treasury. Therefore, following Admission, the total number of voting rights in the Company will be 201,374,975. This figure 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 Guidance and Transparency Rules.
For further enquiries, please contact:
Synairgen plc
Brooke Clarke, Head of Communications
Tel: + 44 (0) 23 8051 2800
finnCap (NOMAD and Joint Broker)
Geoff Nash, Kate Bannatyne, Charlie Beeson (Corporate Finance)
Alice Lane, Sunil de Silva (ECM)
Tel: + 44 (0) 20 7220 0500
Numis Securities Limited (Joint Broker)
James Black, Freddie Barnfield, Duncan Monteith
Tel: + 44 (0) 20 7260 1000
Consilium Strategic Communications (Financial Media and Investor Relations)
Mary-Jane Elliott, Jessica Hodgson, Namrata Taak
Tel: +44 (0) 20 3709 5700
MKC STRATEGIES, LLC (US Media Relations)
Mary Conway
Tel: +1 516-606-6545
Notes for Editors
About Synairgen
Synairgen is a UK-based respiratory company focused on drug discovery, development and commercialisation. The Company's primary focus is developing SNG001 (inhaled interferon beta) for the treatment of severe viral lung infections as potentially the first host-targeted, broad-spectrum antiviral treatment delivered directly into the lungs. SNG001 has been granted Fast Track status from the US Food and Drug Administration (FDA). Founded by University of Southampton Professors Sir Stephen Holgate, Donna Davies and Ratko Djukanovic in 2003, Synairgen is quoted on AIM (LSE: SNG). For more information about Synairgen, please see www.synairgen.com.