logo-loader
Scancell Holdings PLC

Scancell Hlds - Issue of Equity

RNS Number : 5136V
Scancell Holdings Plc
24 July 2018
 

24 July 2018

 

Scancell Holdings Plc

("Scancell" or the "Company")

 

Issue of Equity

 

Scancell Holdings plc, ("Scancell" or the "Company") the developer of novel immunotherapies for the treatment of cancer, confirms that further to the announcement made on 18 July 2018 regarding the exercise of share options, the Company has issued, 3,184,620 new ordinary shares ("New Shares").

 

An application has been submitted to the London Stock Exchange for admission of the New Shares to trading on AIM. It is expected that admission will become effective and the dealings in the New Shares on AIM will commence at 8.00 a.m. on 25 July 2018 ("Admission"). 

 

The total number of ordinary shares is 387,796,556 with each ordinary share carrying the right to one vote. The Company has no shares in Treasury; therefore the total number of voting rights in Scancell is 387,796,556. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify an interest in, or change to their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.   

 

The New Shares will be credited as fully paid, and will, on issue, be identical to and rank pari passu in all respects with the existing ordinary shares, including the right to receive all dividends and other distributions thereafter declared, made or paid following the date of admission.

 

 

For Further Information:

 

Dr John Chiplin, Chairman

Dr Cliff Holloway, CEO

Scancell Holdings Plc

 

+44 (0) 20 3727 1000




Freddy Crossley/Emma Earl

 

Panmure Gordon (UK) Limited

+44 (0) 20 7886 2500




Mo Noonan/Simon Conway

FTI Consulting

+44 (0) 20 3727 1000

 

 

About Scancell

 

Scancell is developing novel immunotherapies for the treatment of cancer based on its ImmunoBody® and Moditope® technology platforms.

 

ImmunoBody® vaccines target dendritic cells and stimulate both parts of the cellular immune system. They can be used as monotherapy or in combination with checkpoint inhibitors. This platform has the potential to enhance tumour destruction, prevent disease recurrence and extend survival. 

 

·      SCIB1, the lead programme, is being developed for the treatment of melanoma. A phase 1/2 clinical trial has so far successfully demonstrated survival data of more than five years.

 

·      SCIB2 is being developed for the treatment of non-small cell lung cancer and other solid tumours. Scancell has entered into a clinical development partnership with Cancer Research UK for SCIB2. 

 

Moditope® represents a completely new class of potent and selective immunotherapy agents. It stimulates the production of killer CD4 T cells which overcome the immune suppression induced by tumours, allowing activated T cells to seek out and kill tumour cells that would otherwise be hidden from the immune system.  Moditope® alone, or in combination with other agents, has the potential to treat a wide variety of cancers.

 

·      Modi-1 is being developed for the treatment of triple negative breast cancer, ovarian cancer and sarcomas.

 

For further details, please see our website:  www.scancell.co.uk


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
IOEPGUCCMUPRPPW
NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of...

FOR OUR FULL DISCLAIMER CLICK HERE

Scancell CEO hails "exciting" high response rate to melanoma treatment

Scancell Holdings PLC (AIM:SCLP, OTC:SCNLF) chief executive Professor Lindy Durrant speaks to Thomas Warner from Proactive to provide an update on the initial phase of the clinical stage biopharmaceutical company's Phase 2 SCOPE trial in advanced melanoma. Professor Durrant gives an overview...

on 09/19/2023

3 min read