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")

21 October 2022
Valereum Plc
("Valereum" or the "Company")
Market Update
Further to the Company announcement on 17th October 2022 regarding the proposed completion of the acquisition of the Gibraltar Stock Exchange ("GSX), Valereum confirms that it is continuing constructive discussions with the Gibraltar Financial Services Commission ("GFSC") regarding the closing of the transaction. These discussions on the regulatory change of control of the GSX are constructive and solid progress is being made.
As stated previously, Valereum's management team is working towards completing the acquisition and will update the market when significant news arises.
The Directors of the Company accept responsibility for the contents of this announcement.
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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
James Henderson
Tel: +44 (0)7774 444163
George Hudson
Tel: +44 (0)7803 603130
For more information, please visit the Company's website at valereum.gi