Business
AGM Statement and Board Changes
AGM Statement and Board Changes.
About this update from Ixico Plc
[{"type":"text","content":"\n \nRNS Number : 4403C IXICO plc 22 January 2018 \n\n22 January 2018\n \nIXICO plc\n(\"IXICO\" or the \"Company\")\n \nAGM Statement and Board Changes\n \nBuilding scale and momentum with commercially-led growth strategy\n \nIXICO plc (AIM: IXI), the digital technologies company serving neuroscience, will hold its Annual General Meeting at 9.30am today at the offices of FTI Consulting LLP, 200 Aldersgate, London, EC1A 4HD.\n \nAt the meeting Charles Spicer, the Company's Chairman will make the following statement:\n \n\"The year ended 30 September 2017 was a year of change for the Company, with a renewed focus on our biopharmaceutical customers. I am pleased to report a strong performance with increased revenue and reduced operating losses.\n \n\"We ended the year by announcing two new contracts in Huntington's disease, closely followed by our first two wearable biosensor contracts. These four contracts have a combined value of c. £3m and, together with our existing contracted revenues, represent a firm foundation from which we plan to execute our commercially-led growth strategy. The new year has started well and we are focused on accelerating the momentum built over the last year.\n \n\"We also announce that Derek Hill is stepping down from the Board as an Executive Director today. He will cease to be an employee from 31 March 2018 and will maintain his close relationship with IXICO in a scientific advisory capacity. Derek is a founder of IXICO and has been instrumental in growing the business and transitioning it from a private company to a plc. I have worked with Derek since 2013 and seen the Company grow and develop under his leadership. On behalf of the Board I would like to thank Derek for his hard work and wish him well in his future endeavours.\"\n \nFor further information please contact: \n \n\n\n\n\nIXICO plc \nGiulio Cerroni, Chief Executive Officer\nSusan Lowther, Chief Financial Officer\n\n\n \nTel: +44 20 3763 7499\n\n\n\n\n\n\n\n\n\n\n\n\nShore Capital (Nomad and Broker)\nEdward Mansfield / Anita Ghanekar\n\n\nTel: +44 20 7408 4090\n\n\n\n\n\n\n\n\n\n\n\n\nFTI Consulting Limited (Investor Relations)\nSimon Conway/Mo Noonan\n\n\nTel: +44 20 3727 1000\n\n\n\n\n \nAbout IXICO\nIXICO is the digital technologies company s...