2nd May 2008 11:35
ValiRx PLC02 May 2008 ValiRx plc (the "Company") Result of General Meeting The Company confirms that the following resolutions put to shareholders attoday's general meeting have been duly approved: 1. an ordinary resolution to increase the authorised share capital of the company from £5,100,000 to £7,200,000; 2. an ordinary resolution to authorise the Directors to allot relevant securities (as defined in section 80 of the Act) up to a maximum amount of £2,000,000; and 3. a special resolution to allow the Directors, subject to the limits set out in that resolution, to issue shares for cash on a non-pre-emptive basis, including a specific authority to allot shares up to an aggregate nominal amount of £2,000,000. Further to the announcment on 7 April 2008, application has been made for7,473,332 new ordinary shares of 6p each in the Company ("Ordinary Shares"),issued via a placing at 6p per share ("Placing Shares"), to be admitted totrading on AIM and dealings are expected to commence on 6 May 2008 ("Admission"). On Admission, the Company will have 41,603,095 Ordinary Shares in issue. Attached to each Placing Share will be a warrant to subscribe for one newOrdinary Share at 10p per share for a period of three years from the admissionof the Placing Shares to trading on AIM. Contact Details: ValiRx Plc WH Ireland Limited GTH Communications Dr Satu Vainikka David Youngman Toby Hall / Brooke Paul +44 (0) 203 008 4416 +44 (0) 161 832 2174 +44 (0) 20 7153 8035 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
ValiRx