Shield Therapeutics - Total Voting Rights Update
Released
Released
Announcement PDF
RNS Number : 3881O
Shield Therapeutics PLC
29 May 2020
Shield Therapeutics plc
("Shield" or the "Group")
Total Voting Rights Update
London, UK, 29 May 2020: Shield Therapeutics plc (LSE: STX), a commercial stage,
pharmaceutical company with a focus on addressing iron deficiency with its lead product
Feraccru®/Accrufer® (ferric maltol), confirms that in accordance with the requirements
of the FCA's Disclosure and Transparency Rule 5.6.1, the Company's issued share capital
consists of 117,188,657 ordinary shares of 1.5p each in issue, each with equal voting
rights. No shares are held in treasury.
The above figure may also be used by shareholders as the denominator in the
calculations by which they will determine whether they are required to notify their
interest, or a change to their interest, in the Company under the FCA's Disclosure
Guidance and Transparency Rules.
For further information please contact:
Shield Therapeutics plc
Tim Watts, Chief Executive Officer
Lucy Bailey, General Counsel and
Company Secretary
Nominated Advisor and Broker
Peel Hunt LLP
James Steel/Dr Christopher Golden
Joint Broker
finnCap Ltd
Geoff Nash/Matt Radley/Alice
Lane
Financial PR & IR Advisor
Walbrook PR
Paul McManus/Lianne Cawthorne
About Shield Therapeutics plc
www.shieldtherapeutics.com
+44 (0)20 7186 8500
+44 (0) 19 1511 8500
+44 (0)20 7418 8900
+44 (0)20 7220 0500
+44 (0)20 7933 8780
or shield@walbrookpr.com
+44 (0)7980 541 893 / +44 (0)7584 391 303
Shield is a de-risked, commercial stage, specialty pharmaceutical company delivering
innovative pharmaceuticals to address patients' unmet medical needs. The Company's
clear purpose is to develop products that help patients become people again, enabling
them to enjoy the things that make a difference in their everyday lives. The Group's lead
product, Feraccru®/ Accrufer® has exclusive IP rights until the mid-2030s and is
approved for the treatment of iron deficiency with or without anaemia in adults in the
European Union, the United States and Switzerland. In Europe it is marketed as
Feraccru® with commercialisation led by Norgine BV and in the USA the product will be
marketed as Accrufer® with Shield currently in the process of selecting a
commercialisation partner. Shield also has an exclusive licence agreement with Beijing
Aosaikang Pharmaceutical Co. Ltd for the development and commercialisation of
Feraccru®/Accrufer® in China, Hong Kong, Macau and Taiwan. For more information
please visit www.shieldtherapeutics.com
About Feraccru®/Accrufer®
Feraccru®/Accrufer® is a novel, stable, non-salt based oral therapy for adults with iron
deficiency with or without anaemia that has been shown to be an efficacious and welltolerated therapy in a range of controlled phase 3 trials, and offers a compelling
alternative to IV iron for those patients unable to tolerate salt-based oral iron therapies
and wish to avoid the complexities of infusion-based iron therapies.
When salt-based oral iron therapies are ingested they can cause a range of mild-tosevere gastrointestinal tract (GI) adverse events, including nausea, bloating and
constipation through the release and subsequent reactivity of free iron in the GI tract,
leading to poor tolerability, reduced patient compliance and ultimately treatment
failure. Feraccru®/Accrufer® is not an iron salt and, as a result, it does not routinely
cause the same treatment-limiting intolerance issues of salt-based iron therapies, whilst
the iron from the ferric maltol molecule can be readily absorbed.
Prior to Feraccru®/Accrufer®, IV iron therapies were the only realistic alternative
treatment option for iron deficient patients with or without anaemia intolerant of or
unwilling to be treated salt-based oral iron therapies. However, use of such an invasive,
costly, inconvenient and complex to administer treatment option, which is associated
with potentially life-threatening and spontaneous hypersensitivity reactions, means
there remains a clear unmet medical need for these patients to have access to an
effective therapy that is well tolerated, convenient and does not require hospital-based
administration. Feraccru®/Accrufer® meets those requirements.
About Iron Deficiency
The WHO states that iron deficiency is the most common and widespread nutritional
disorder in the world. As well as affecting a large number of women and children in
non-industrialized countries, it is the only nutrient deficiency which is also significantly
prevalent in virtually all industrialised nations. There are no current global figures for
iron deficiency but, using anaemia as an indirect indicator, it can be estimated that most
preschool children and pregnant women in non-industrialised countries, together with at
least 30-40% in industrialized countries, are iron deficient.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the
Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions
relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com or visit www.rns.com.
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