This announcement contains information which, prior to its disclosure, was inside information as stipulated under Regulation 11 of the Market Abuse (Amendment) (EU Exit) Regulations 2019/310 (as amended). Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.

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03/06/2025

Valereum Plc

("Valereum", "VLRM" or the "Company")

£0.5 million Placing with Fortified Securities

Valereum PLC (AQSE: VLRM) is pleased to announce a placing by Fortified Securities for a total of £0.5 million through the issuance of 12.5 million new ordinary shares of £0.001 each in the capital of the Company (the "Placing Shares") at an issue price of £0.04 per Placing Share (the "Placing Price"), raising gross proceeds of £500,000 (before expenses) (the "Placing").

The Placing Price represents a discount of approximately 18.7% to the average closing price of £0.049 per share on the last 5 trading days prior to entering into the agreement. The Placing is expected to complete by 4 June 2025 and is conditional only on the Placing Shares being admitted to trading on the AQSE Growth Market.

In addition, Fortified Securities will become Valereum's Broker and represent the Company with immediate effect.

About Fortified Securities

Fortified Securities is a London-based financial services firm specialising in equity capital market services for companies seeking to raise funding in the UK. Established in 2022, the firm operates in partnership with FCA-regulated RiverFort Global Capital. Fortified Securities is a member of the London Stock Exchange and is trusted by a variety of UK equity funds across industries such as technology, healthcare, oil & gas, mining, and industrial sectors.

Issue of Warrants and Equity to Fortified Securities

In association with the capital raise and broker appointment, the Company has agreed to issue 625,000 new ordinary news shares in lieu of the cash fees payable to Fortified ("Fee Shares"), and to issue warrants over 2,000,000 new ordinary shares at a price of £0.04 per share for a period of 3 years.

Admission:

Application will be made for the Placing and Fee Shares, which will rank pari passu with the existing Ordinary Shares in issue, to be admitted to trading on the AQSE Growth Market ("Admission"). Dealings are expected to commence on or around 10 June 2025 and the issue is subject only to Admission.

Total voting rights:

Following the issuance of the Placing Shares, the Company's total number of Ordinary Shares in issue will be 198,534,716.

This figure may be used by shareholders as the denominator for the calculation to determine if they are required to notify the Company of their interest in, or a change to their interest in, the Company's securities pursuant to the Company's Articles.

The Company looks forward to updating the market on further developments in due course.

For more information, and the chance to have your questions directly answered by the management team, please head to our interactive investor hub via: Investor Hub. Here you will find company news and additional content to explain Valereum's strategy and products.

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

For more information, please visit the Company's website at www.vlrm.com  or to engage with the Valereum Plc management team directly by asking questions, watching video
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