Pipe and Restricted Ads Letter Agreement Sample Contracts

Exhibit (b)(i) VERONA PHARMA PLC
Pipe and Restricted Ads Letter Agreement • March 7th, 2023 • Citibank,N.A./ADR • Pharmaceutical preparations

*¨ Sale Pursuant to Resale Registration Statement: (x) the Sale pursuant to which the Restricted ADSs are being sold is covered by a registration statement under the Securities Act that has been declared effective by the Commission and is currently in effect, (y) the ADSs to be delivered upon such sale are not “Restricted Securities” (as defined in Rule 144(a)(3) under the Securities Act), and (z) the undersigned has satisfied all applicable prospectus delivery requirements under the Securities Act,

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