The Company's issued share capital consists of 106,536,006 ordinary shares with a nominal value of 5 pence each ("Ordinary Shares"), each share having equal voting rights. The Company does not hold any Ordinary shares in treasury and therefore the number of Ordinary Shares with voting rights is 106,536,006.
The Company's Ordinary Shares are listed on AIM, a market of the London Stock Exchange. The Company's American Depositary Receipts (ADSs) are listed on the Nasdaq Global Market. One ADS represents 8 Ordinary Shares.
In accordance with AIM Rule 26, in so far as the Company is aware, the percentage of the Company's issued share capital that is not in public hands is 40%. The percentage of the Company's issued share capital held by the Directors and management is 0.8%.
A number of European and US healthcare specialist investment firms have invested in the Company. At 6 February 2020, the interests in excess of 3% of the Company’s issued share capital are as set out in the table.
|New Enterprise Associates||9.3%|
The information set out on these pages is collated in accordance with AIM Rule 26 and was last updated on 6 July 2020.
Verona Pharma's country of incorporation and main country of operation is the United Kingdom. The Company's registered number is 5375156 and its registered office is at One Central Square, Cardiff CF10 1FS. The Company's principal office is in central London.
The Company's issued share capital consists of 106,536,006 Ordinary Shares with a nominal value of 5 pence each ("Ordinary Shares"), each share having equal voting rights.
The Company does not hold any Ordinary shares in treasury and therefore the number of Ordinary Shares with voting rights is 106,536,006.
In accordance with AIM Rule 26, in so far as the Company is aware, the percentage of the Company's issued share capital that is not in public hands is 40%. The percentage of the Company's issued share capital held by the Directors and management is 0.8%. There are no restrictions on the transfer of the Company's securities.
The Company's American Depository Shares (ADSs) are listed on The Nasdaq Global Market under the symbol “VRNA”. Verona Pharma's ordinary shares are listed on AIM, a market of the London Stock Exchange, under the symbol “VRP”. One ADS represents 8 Ordinary Shares.
The Company's annual and half-yearly accounts published since Admission can be found here.
The Company will be subject to the provisions of the City Code on Takeovers and Mergers published by the Takeover Panel, including the rules regarding mandatory takeover bids.
The Company's Constitutional Documents can be found here:
The Company's Admission Document and last published Circular can be found here:
The Company's last published AGM Notice and Proxy Form can be found here:
Further information can be found via the following links:
The Company held its last Annual General Meeting (AGM) of shareholders at 10:30 a.m. on April 16, 2020. The Notice of AGM can be found here.
At the AGM, all of the resolutions were duly approved by shareholders by way of a poll. The results of the poll are detailed below.
|Resolution||Votes For||% of Shares Voted||Votes Against||% of Shares Voted||Votes Withheld|
|1. Adoption of Accounts||85,068,141||99.83||142,380||0.17||20,080|
|2. Approval of Remuneration Report||84,640,683||99.33||573,758||0.67||16,160|
|3. Re-election of Rishi Gupta||85,023,369||99.78||191,152||0.22||16,080|
|4. Re-election of Mahendra Shah||84,711,753||99.41||502,768||0.59||16,080|
|5. Re-election of Vikas Sinha||85,023,929||99.78||190,592||0.22||16,080|
|6. Re-election of David Zaccardelli||85,065,617||99.83||148,904||0.17||16,080|
|7. Re-appointment of auditor||85,070,773||99.84||140,588||0.16||19,240|
|8. Remuneration of auditor||85,023,337||99.78||183,984||0.22||23,280|
|9. Increase Incentive Plan share limit||84,435,939||99.24||645,434||0.76||149,228|
|10. Extend Incentive Plan term||84,432,549||99.24||646,904||0.76||151,148|
|11. Authority to allot shares||84,429,859||99.25||638,194||0.75||162,548|
|12. Disapplication of pre-emption rights||84,058,259||98.80||1,020,430||1.20||151,912|
A “Withheld” vote is not a vote in law and is not counted in the calculation of the votes “For” or “Against” a resolution