TIDMMTPH

RNS Number : 0575F

Midatech Pharma PLC

17 March 2022

17 March 2022

Midatech Pharma PLC

("Midatech" or the "Company")

Exercise of Warrants and Issue of Equity

Total Voting Rights

Midatech Pharma PLC (AIM: MTPH.L; Nasdaq: MTP), a drug delivery technology company focused on improving the bio-delivery and biodistribution of medicines, announces that it has received a notice of exercise of warrants over 26 ordinary shares of 0.1p each in the Company ("Ordinary Shares") at an exercise price of GBP10.00 per share.

Application will be made for the admission of the 26 new Ordinary Shares to trading on the AIM Market of the London Stock Exchange plc ("Admission"), which is expected to become effective at 8.00 a.m. on or around 22 March 2022. The new Ordinary Shares will rank pari passu with the existing Ordinary Shares.

The Company's issued share capital following Admission will comprise 98,468,413 Ordinary Shares each with voting rights. The Company does not hold any shares in treasury. This figure of 98,468,413 may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.

For more information, please contact :

 
 Midatech Pharma PLC 
 Stephen Stamp, CEO, CFO 
 Tel: +44 (0)29 2048 0180 
 www.midatechpharma.com 
 
 Strand Hanson Limited (Nominated and Financial Adviser) 
 James Dance / Matthew Chandler / Rob Patrick 
 Tel: +44 (0)20 7409 3494 
 
 Turner Pope Investments (TPI) Limited (Broker) 
 Andrew Thacker / James Pope (Corporate Broking) 
  Tel: +44(0)20 3657 0050 
 
   IFC Advisory Limited (Financial PR and UK Investor Relations) 
 Tim Metcalfe / Graham Herring 
 Tel: +44 (0)20 3934 6630 
 Email: midatech@investor-focus.co.uk 
 
 Edison Group (US Investor Relations) 
  Alyssa Factor 
  Tel: +1 (860) 573 9637 
  Email: afactor@edisongroup.com 
            About Midatech Pharma PLC 
              Midatech Pharma PLC (dual listed on LSE AIM: MTPH; and NASDAQ: 
              MTP) is a drug delivery technology company focused on improving 
              the bio-delivery and bio-distribution of medicines. The Company 
              combines approved and development medications with its proprietary 
              and innovative drug delivery technologies to provide compelling 
              products that have the potential to powerfully impact the lives 
              of patients. 
 
              The Company has developed three in-house technology platforms, 
              each with its own unique mechanism to improve delivery of medications 
              to sites of disease. All of the Company's technologies have successfully 
              entered human use in the clinic, providing important validation 
              of the potential for each platform: 
 
               *    Q-Sphera(TM) platform: a disruptive micro-technology 
                    used for sustained release to prolong and control the 
                    release of therapeutics over an extended period of 
                    time (from weeks to months). 
 
 
               *    MidaSolve(TM) platform: an innovative nanotechnology 
                    used to dissolve insoluble drugs so that they can be 
                    administered in liquid form directly and locally into 
                    tumours. 
 
 
               *    MidaCore(TM) platform: a leading-edge nanotechnology 
                    used for targeting medications to sites of disease. 
 
 
 
              The platform nature of the technologies offers the potential to 
              develop multiple drug assets rather than being reliant on a limited 
              number of programmes. Midatech's technologies are supported by 
              36 patent families including 120 granted patents and an additional 
              70 patent applications. Midatech's headquarters and R&D facility 
              is in Cardiff, UK. For more information, please visit www.midatechpharma.com

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March 17, 2022 03:00 ET (07:00 GMT)

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