VLRM Valereum Plc

TIDMVLRM

RNS Number : 3547R

Valereum PLC

28 February 2023

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR")

28 February 2023

Valereum Plc

("Valereum" or the "Company")

Company Update

In response to recent market rumours Valereum wishes to announce that it has formed a subsidiary company, Valereum Collections Ltd. Valereum is happy to confirm that this company has been formed in Gibraltar as part of our digital collectible strategy.

More news will follow as appropriate.

The Directors of the Company accept responsibility for the contents of this announcement.

END

Enquiries:

Valereum Plc

Richard Poulden, Chairman

Tel: +971 4584 6284

AQSE Corporate Adviser

First Sentinel Corporate Finance

Brian Stockbridge

Tel: +44 (0) 7876 888 011

Investor Relations

J&H Communications Limited

George Hudson

Tel: +44 (0)7803 603130

george@j-hcommunications.com

For more information, please visit the Company's website at valereum.gi

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(END) Dow Jones Newswires

February 28, 2023 06:04 ET (11:04 GMT)

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