Hemogenyx Pharmaceuticals PLC Announces Grant of Options and Extension of Warrant Term
Rhea-AI Summary
Hemogenyx Pharmaceuticals (OTC:HOPHF, LSE:HEMO) granted new share options and extended an investor warrant term.
The Board granted 1,200,000 options to directors and the medical director and 60,000 to employees, all at an 8p exercise price, expiring 29 May 2031, vesting immediately. Total options now cover 1,410,479 shares, 20.7% of issued capital. The term of 69,048 investor warrants was extended to 7 September 2026, with all other terms unchanged.
Positive
- 1,260,000 new options granted at 8p, expiring 29 May 2031
- All new Board and employee options vest immediately
- Total options now quantified at 1,410,479 shares, 20.7% of capital
- 69,048 investor warrants extended to 7 September 2026 for term alignment
Negative
- Options over 20.7% of issued share capital may dilute existing shareholders
- Extension of 69,048 warrants prolongs potential share overhang
AI-generated analysis. How Rhea-AI works. Not financial advice.
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.
Grant of Options and Extension of Warrant Term
LONDON, UK / ACCESS Newswire / May 29, 2026 / Hemogenyx Pharmaceuticals plc (LSE:HEMO), a clinical-stage biopharmaceutical group focused on developing treatments for cancers and viral diseases, announces the grant of share options and a variation to the exercise period for certain investor warrants.
Grant of Share Options
The Board of Directors has agreed to grant options over a total of 1,200,000 ordinary shares of 1p each in the capital of the Company ("Board Share Options") to the Company's Non-Executive Directors Peter Redmond, Alexis Sandler, Sir Marc Feldmann (Chairman) and Executive Director Vladislav Sandler (CEO).
The details of the Board Share Options granted are set out below:
Name | Position | Number of Share Options Granted | Exercise Price (pounds) | Expiry Date |
Peter Redmond | Non-executive Director | 300,000 | 8.0 | 29 May 2031 |
Sir Marc Feldmann | Non-executive Chairman | 300,000 | 8.0 | 29 May 2031 |
Vladislav Sandler | CEO | 300,000 | 8.0 | 29 May 2031 |
Alexis Sandler | Non-executive Director | 300,000 | 8.0 | 29 May 2031 |
Koen Van Besien | Medical Director | 60,000 | 8.0 | 29 May 2031 |
Further, options have been granted to employees over a total of 60,000 ordinary shares of 1p each in the capital of the Company ("Employee Share Options"). The Employee Share Options will have an exercise price of £8 and expire on 29 May 2031.
The Board and Employee Share Options will vest immediately.
Following the grant of the Board and Employee Share Options there are, in aggregate, 1,410,479 ordinary shares of 1p each in the Company under option held by directors, employees and members of the Scientific Advisory Board of the Company, representing
Extension to warrant exercise period
The Company has extended the term of 69,048 warrants granted to a group of investors to 7 September 2026 (the "Warrants"). The Warrants were originally granted to the investors on 8 March 2025 with a term of fifteen months.
The Board has concluded that the term of the Warrants should be extended to be aligned with the terms of other existing warrants. All other terms of the Warrants remain unchanged including the exercise price.
Market Abuse Regulation (MAR) Disclosure
Certain information contained in this announcement would have been inside information for the purposes of Article 7 of Regulation No 596/2014 (as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018) until the release of this announcement. The person responsible for arranging for the release of this announcement on behalf of Hemogenyx Pharmaceuticals plc is Dr Vladislav Sandler, Chief Executive Officer & Co-Founder.
Enquiries:
Hemogenyx Pharmaceuticals plc | |
Dr Vladislav Sandler, Chief Executive Officer & Co-Founder | |
Peter Redmond, Director | |
SP Angel Corporate Finance LLP | Tel: +44 (0)20 3470 0470 |
Matthew Johnson, Vadim Alexandre, Adam Cowl | |
AlbR 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.
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SOURCE: Hemogenyx Pharmaceuticals PLC
View the original press release on ACCESS Newswire