Hemogenyx Pharmaceuticals PLC Announces Exercise of Warrants and Issue of Equity

Rhea-AI Summary

Hemogenyx Pharmaceuticals (LSE:HEMO) announced the exercise of warrants for 250,000 new ordinary shares. The warrants, originally granted on May 8, 2025, had their exercise price adjusted to 180p per share, resulting in subscription monies of £450,000 received by the company.

Following admission of these shares and including the previously announced 316,667 new ordinary shares from August 26, 2025, the company's total issued shares and voting rights will increase to 5,293,896. The new shares are expected to be admitted to trading on the LSE main market on September 9, 2025.

Positive

• Receipt of £450,000 in subscription monies from warrant exercise
• Expansion of shareholder base through warrant conversion

Negative

• Dilution of existing shareholders due to new share issuance
• Downward adjustment of warrant exercise price from original terms

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED UNDER THE UK VERSION OF THE MARKET ABUSE REGULATION NO 596/2014 WHICH IS PART OF ENGLISH LAW BY VIRTUE OF THE EUROPEAN (WITHDRAWAL) ACT 2018, AS AMENDED. ON PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INFORMATION IS CONSIDERED TO BE IN THE PUBLIC DOMAIN.

LONDON, UK / ACCESS Newswire / September 3, 2025 / Hemogenyx Pharmaceuticals plc (LSE:HEMO) announces that it has received a notice to exercise warrants over 250,000 new ordinary shares in the Company (the "Warrant Shares").

The Warrant Shares are being issued pursuant to the exercise of warrants granted and announced on 8 May 2025. As announced, the exercise price of the warrants ("Exercise Price") is subject to adjustment in certain circumstances, as set out in the warrant instrument, including a reset of the Exercise Price (as defined therein) if the Company completes a share issuance (or other transaction granting rights to subscribe for equity securities) during the Exercise Period (as defined therein) at a price lower than the Exercise Price. As such, the Exercise Price was adjusted to 180p. Subscription monies of £450,000 have been received by the Company in respect of the exercise.

Admission and Total Voting Rights

Application will be made for the Warrant Shares, which will rank pari passu in all respects with the existing Ordinary Shares of the Company, to be admitted to theFCA official list and to trading on the equity shares (transition) category of the Official List maintained by the FCA and to trading on the main market for listed securities of the LSE, which is expected to occur on or around 8.00 a.m. on 9 September 2025 ("Admission").

Upon Admission (and including the 316,667 new ordinary shares being issued as announced on 26 August 2025), the total number of issued shares and the total number of voting rights in the Company will be 5,293,896.

The above figure of 5,293,896 should be used by shareholders in the Company 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 share capital of the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

The Company will keep the market informed of future developments as trials proceed.

Enquiries:

Hemogenyx Pharmaceuticals plc	https://hemogenyx.com
Dr Vladislav Sandler, Chief Executive Officer & Co-Founder	headquarters@hemogenyx.com
Peter Redmond, Director	peter.redmond@hemogenyx.com
SP Angel Corporate Finance LLP	Tel: +44 (0)20 3470 0470
Matthew Johnson, Vadim Alexandre, Adam Cowl
Peterhouse Capital Limited	Tel: +44 (0)20 7469 0930
Lucy Williams, Duncan Vasey, Charles Goodfellow

About Hemogenyx Pharmaceuticals plc

Hemogenyx Pharmaceuticals is a publicly traded company (LSE: HEMO) headquartered in London, with its US operating subsidiaries, Hemogenyx Pharmaceuticals LLC and Immugenyx LLC, located in New York City.

The Company is a clinical stage biopharmaceutical group developing new medicines and treatments to treat blood and autoimmune diseases. Hemogenyx Pharmaceuticals is developing several distinct and complementary product candidates, as well as platform technologies that it uses as engines for novel product development.

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.

SOURCE: Hemogenyx Pharmaceuticals PLC

View the original press release on ACCESS Newswire

FAQ

How many new shares will be issued through the Hemogenyx warrant exercise?

Hemogenyx will issue 250,000 new ordinary shares through the warrant exercise.

What is the adjusted exercise price for Hemogenyx's warrants?

The warrant exercise price was adjusted to 180p per share.

How much capital did Hemogenyx raise from the warrant exercise?

Hemogenyx received £450,000 in subscription monies from the warrant exercise.

What will be Hemogenyx's total number of shares after the warrant exercise?

Following admission of all new shares, Hemogenyx's total issued shares will be 5,293,896.

When will the new Hemogenyx warrant shares begin trading?

The new warrant shares are expected to begin trading on the LSE main market at 8:00 a.m. on September 9, 2025.