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Results of Underwritten Open Offer

In brief · summary, not quotable

Open Offer raised £228,081 with 465.8m shares applied for at 0.2p, scaling back excess applications pro-rata.

  • Open Offer Shares issued 114,040,535
  • Gross funds raised £228,081
  • Issue price per share 0.2 pence
  • Take-up rate 408.5%
  • Enlarged share capital post-admission 2,109,749,903 Ordinary Shares
Full announcement

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Nuformix plc (LSE: NFX), a pharmaceutical development company targeting unmet medical needs in fibrosis and oncology via drug repurposing, announces the results of its underwritten Open Offer to Qualifying Shareholders which was announced on 28 October 2025 and closed for acceptances, in accordance with its terms, on 11 November 2025.

The Company announces that valid acceptances have been received from Qualifying Shareholders for a total of 465,813,047 Open Offer Shares, representing a take-up of approximately 408.5% of the 114,040,535 Open Offer Shares available.

All Qualifying Shareholders who have validly applied for Open Offer Shares will receive their full Basic Entitlement. Applications for Open Offer Shares under the Excess Application Facility will be scaled back on a pro-rata basis, with the same scaling methodology to be applied to each Shareholder who applied for Excess Entitlements. Accordingly, subject to Admission becoming effective, 114,040,535 Open Offer Shares will be issued in connection with the Open Offer, raising approximately £228,081 (before expenses) for the Company at the Issue Price of 0.2 pence per Open Offer Share.

Capitalised terms used but not otherwise defined in this announcement bear the meanings ascribed to them in the Circular posted to shareholders on 28 October 2025.

Director participation in the Open Offer

The Directors have participated in the Open Offer, as follows:

DirectorNo. of Ordinary Shares currently held% of Existing Ordinary SharesNumber of Open Offer Shares subscribed forNo. of Ordinary Shares held on Admission ​% of the Enlarged Share Capital
Julian Gilbert22,250,000*1.111,271,42823,521,4281.11
Daniel Gooding49,500,000**2.482,828,57152,328,5712.48
Madeleine Kennedy22,250,000***1.111,271,42823,521,4281.11

* held beneficially through Hargreaves Lansdown (Nominees)

* 37,500,000 of which are held beneficially through Interactive Investor Services and 12,000,000 of which are held through Hargreaves Lansdown (Nominees)

*** held beneficially through a nominee appointed by the trading platform, IG Trading and Investments Ltd

The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation (2014/596/EU) as it forms part of United Kingdom domestic law by virtue of the European Union (Withdrawal) Act 2018 and as modified by or under the European Union (Withdrawal) Act 2018 or other domestic law, provides further detail.

Admission and dealings

The Open Offer Shares will, when issued, be credited as fully paid and will rank pari passu in all respects with each other and with the Existing Ordinary Shares, including the right to receive all dividends and other distributions declared, made or paid after the date of Admission. Application has been made to the FCA for the Open Offer Shares to be admitted to the equity shares (transition) category of the Official List in accordance with Chapter 22 of the UKLR and to the London Stock Exchange plc for such Open Offer Shares to be admitted to trading on the London Stock Exchange's main market for listed securities ("Admission"). Dealings in the Open Offer Shares and Admission are expected to take place on or around 8.00 a.m. on 13 November 2025.

Total voting rights

In accordance with the Financial Conduct Authority's Disclosure, Guidance and Transparency Rules, the Company confirms that following Admission, the Company's enlarged issued ordinary share capital will comprise 2,109,749,903 Ordinary Shares. The Company does not hold any shares in Treasury. Therefore, from Admission, the total number of voting rights in the Company will be 2,109,749,903 and this figure may be used by shareholders in the Company as the denominator for the calculations to determine if they are required to notify their interest in, or a change to their interest in the Company, under the Disclosure Guidance and Transparency Rules.

1Details of the person discharging managerial responsibilities/person closely associated
a)NameJulian Gilbert
2Reason for the notification
a)Position/statusNon-Executive Chairman
b)Initial notification/ AmendmentInitial Notification
a)NameNuformix plc
b)LEI2138003XG3H3I2J3BJ24
a)Description of the financial instrument, type of instrument Identification codeOrdinary shares of nominal value 0.05 pence GB00BYW79Y38
b)Nature of the transactionSubscription of new Ordinary Shares pursuant to Open Offer
c)Price(s) and volume(s)
PriceVolume
0.20 pence1,271,428
d)Aggregated information - Aggregated volume - Price1,271,428 £2,542.86
e)Date of the transaction11 November 2025
f)Place of the transactionOutside a trading venue
1Details of the person discharging managerial responsibilities/person closely associated
a)NameMadeleine Kennedy
2Reason for the notification
a)Position/statusNon-Executive Director
b)Initial notification/ AmendmentInitial Notification
a)NameNuformix plc
b)LEI2138003XG3H3I2J3BJ24
a)Description of the financial instrument, type of instrument Identification codeOrdinary shares of nominal value 0.05 pence GB00BYW79Y38
b)Nature of the transactionSubscription of new Ordinary Shares pursuant to Open Offer
c)Price(s) and volume(s)
PriceVolume
0.20 pence1,271,428
d)Aggregated information - Aggregated volume - Price1,271,428 £2,542.86
e)Date of the transaction11 November 2025
f)Place of the transactionOutside a trading venue
1Details of the person discharging managerial responsibilities/person closely associated
a)NameDaniel Gooding
2Reason for the notification
a)Position/statusExecutive Director
b)Initial notification/ AmendmentInitial Notification
a)NameNuformix plc
b)LEI2138003XG3H3I2J3BJ24
a)Description of the financial instrument, type of instrument Identification codeOrdinary shares of nominal value 0.05 pence GB00BYW79Y38
b)Nature of the transactionSubscription of new Ordinary Shares pursuant to Open Offer
c)Price(s) and volume(s)
PriceVolume
0.20 pence2,828,571
d)Aggregated information - Aggregated volume - Price2,828,571 £5,657.14
e)Date of the transaction11 November 2025
f)Place of the transactionOutside a trading venue

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.

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