SAREUM HOLDINGS PLC

("Sareum" or the “Company")

Results of AGM

Cambridge, UK, 16 December 2021 – Sareum Holdings plc (AIM: SAR), the specialist drug development company delivering targeted small molecule therapeutics to improve the treatment of cancer and autoimmune diseases, held its Annual General Meeting (“AGM”) today and all resolutions were duly passed. Details of the proxy voting are shown in the table below. 

Ordinary resolutions

Votes For

%

Votes Against

%

Votes Total

% of ISC Voted

Votes Withheld

 

 

 

 

 

 

 

 

1. Receive and adopt Report of the Directors and financial statements for the year

139,633,376

99.8

240,000

0.2

139,873,376

4.1

314,311

2. Receive and adopt Renumeration Committee report for the year

139,046,887

99.4

724,500

0.5

139,771,387

4.1

416,300

3. Re-elect Clive Birch as Director of the Company

138, 886,944

99.3

825,424

0.6

139,712,368

4.1

475,319

4. Re-elect Michael Owen as a Director of the Company

138,886,944

99.3

825,424

0.6

139,712,368

4.1

475,319

5. Appoint Shipleys LLP as auditor

139,141,640

99.5

320,015

0.3

139,461,655

4.1

726,032

6. Directors' authority to allot new shares

134,116,471

95.9

1,414,362

1.0

135,530,833

4.0

4,656,854

Special Resolution

 

 

 

 

 

 

 

7. Directors’ authority to allot equity securities for cash

138,495,068

99.0

1,326,587

0.9

139,821,655

4.1

366,032

ISC - Issued Share Capital

The full text of each of the resolutions is set out in the Notice of AGM, available in the Investors section of the Company's website (www.sareum.com/investors)

For further information, please contact:

Sareum Holdings plc

Tim Mitchell, CEO

 

 

01223 497 700

Strand Hanson Limited (Nominated Adviser)

James Dance / James Bellman

 

 

020 7409 3494

 

Peel Hunt LLP (Joint Corporate Broker)

 

James Steel

020 7418 8900

 

 

Hybridan LLP (Nominated Broker)

Claire Noyce

 

 

020 3764 2341

MEDiSTRAVA Consulting (Financial PR)

Mark Swallow/ David Dible

 

020 3928 6901

 

About Sareum

Sareum is a specialist drug development company delivering targeted small molecule therapeutics to improve the treatment of cancer and autoimmune diseases. The Company aims to generate value through licensing its candidates to international pharmaceutical and biotechnology companies at the preclinical or early clinical trials stage.

Sareum is advancing internal programmes focused on distinct dual tyrosine kinase 2 (TYK2) / Janus kinase 1 (JAK1) inhibitors through preclinical development as therapies for autoimmune diseases, including the ‘cytokine storm’ immune system overreaction to Covid-19 and other viral infections, (SDC-1801) and cancer immunotherapy (SDC-1802).

Sareum also has an economic interest in SRA737, a clinical-stage oral, selective Checkpoint kinase 1 (Chk1) inhibitor that targets cancer cell replication and DNA damage repair mechanisms. Preliminary Phase 2 and comprehensive preclinical data suggest SRA737 may have broad application in combination with other oncology and immune-oncology drugs in genetically defined patients.

SRA737 was discovered and initially developed by scientists at The Institute of Cancer Research in collaboration with Sareum, and with funding from Sareum and Cancer Research UK. SRA737 was licensed by CRT Pioneer Fund (CPF) to Sierra Oncology Inc. Sierra continues to explore options that would enable the development of SRA737 to advance.

Sareum Holdings plc is listed on the AIM market of the London Stock Exchange, trading under the ticker SAR. For further information, please visit the Company’s website at www.sareum.com