AIM share code: SKIN

14 August 2020

Integumen PLC

("Integumen" or "Company")

Exercise of Warrants  

Integumen announces that it has received notification from multiple warrant holders to exercise warrants over 29,404,762 shares in the share capital of Integumen ("the Warrant Shares"). This consists of 26,071,429 warrants with an exercise price of 2 pence and 3,333,333 warrants with an exercise price of 1.5 pence. The consideration for the exercise of the Warrant Shares amounts, in aggregate, to a cash value of £571,428.57.

Gerard Brandon Chief Executive Officer of Integumen commented:

"The largest institutional shareholder, Helium Rising Stars Fund, who currently hold 7.3% of Integumen shares are exercising 60% of the above warrants which will increase their holding to 8.7%. We are grateful for their continued confidence in the future growth of the Company"

Total voting rights

The Warrant Shares were allotted on 13 August 2020. Application has been made for the 29,404,762 Warrant Shares to be admitted to trading on AIM ("Admission"), and Admission is expected to be on or about 19 August 2020. These shares will rank pari passu with the ordinary shares of the Company in issue.

The Company's total issued share capital following the issue of the Warrant Shares will be 1,109,870,711 ordinary shares. As the Company does not hold any shares in Treasury, this figure 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 to their interest in, the share capital of the Company following Admission.

About Integumen plc:

Integumen is a scientific research and AI-as-a-Service company focused on production and analysis of bacteria, virus and toxins utilising artificial intelligent data analytics in regulatory technology, from scientifically proving the impact of skincare product claims on skin microbiome for top 10 global cosmetic company clients to remotely detecting water contamination in real-time.