3rd Jul 2013 07:00
RNS Number : 4539I
Silence Therapeutics PLC
03 July 2013
Silence Therapeutics plc ("Silence" or the "Company")
CANCELLATION OF WARRANTS
03 July 2013
The Company has agreed to buy back and cancel the 66,600 warrants, exercisable at 75p, issued to Darwin Strategic Ltd for a payment of £70,000. This was the fair value of the warrants on 4 June 2013, the date Silence published its annual report. Darwin is 37% owned by Ali Mortazavi, the chief executive of Silence.
For further information please contact:
Silence Therapeutics
Ali Mortazavi, chief executive/Timothy Freeborn, finance director +44 (0)333 988 0140
N+1 Singer
Shaun Dobson/Jenny Wyllie
+44 20 7496 3000
This information is provided by RNS
The company news service from the London Stock Exchange
Related Shares:
SLN.L