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Hemogenyx Pharmaceuticals Converts Loan Notes into Shares, Expanding Capital

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Hemogenyx Pharmaceuticals Converts Loan Notes into Shares, Expanding Capital

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An update from HemoGenyx Pharmaceuticals Plc ( (GB:HEMO) ) is now available.

Hemogenyx Pharmaceuticals announced the automatic conversion of its convertible loan notes into 95,000 ordinary shares, with these shares set to be admitted to trading on the London Stock Exchange on 14 March 2025. This conversion increases the company’s total issued share capital to 3,699,539 ordinary shares, impacting shareholder calculations under the Disclosure Guidance and Transparency Rules.

More about HemoGenyx Pharmaceuticals Plc

Hemogenyx Pharmaceuticals is a clinical stage biopharmaceutical company headquartered in London, with US subsidiaries in New York City. The company focuses on developing new medicines and treatments for blood and autoimmune diseases, utilizing distinct product candidates and platform technologies for novel product development.

YTD Price Performance: -53.89%

Average Trading Volume: 31,086

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £7.08M

For a thorough assessment of HEMO stock, go to TipRanks’ Stock Analysis page.

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