Business
Correction to the Form of Pro
Correction to the Form of Pro.
About this update from Ixico Plc
[{"type":"text","content":"\n RNS Number : 1597E Phytopharm PLC 15 December 2009 \nCorrection to the Form of Proxy for Holders of Ordinary Shares, Form of Direction - Share Incentive Plan 2007 and Form of Direction to Exercise Voting Rights - General Meeting, each dated 3 December 2009\nPhytopharm plc (the \"Company\")\nIn the summaries of the resolutions to be voted on at the general meeting of the Company at 11.00am on 29 December 2009 at the offices of KBC Peel Hunt Ltd, 111 Old Broad Street, London EC2N 1PH, it has been noted that in the Form of Proxy for Holders of Ordinary Shares, Form of Direction - Share Incentive Plan 2007 and Form of Direction to Exercise Voting Rights - General Meeting dated 3 December 2009 (the \"Forms\"), the summary of resolution 2 refers to shares being issued to an aggregate nominal value of £25,212,904.20 rather than £2,521,290.42; and the summary of resolution 4 refers to a subscription price of £0.01 rather than £0.10. \nAll other details in the Forms and all details in the notice of general meeting remain unchanged. \nThe full text of each of these amended resolution summaries is set out below:\n\"2. To authorise the Directors for the purposes of section 551 of the Act to exercise all the powers of the\n Company to allot and grant rights to subscribe for or to convert securities into shares of the Company up\n to an aggregate nominal amount of £2,521,290.42 pursuant to or in connection with the Placing and Open\n Offer.\"\n\"4. To approve the issue of Ordinary Shares pursuant to the Placing and Open Offer at a subscription price of\n £0.10 each (representing a discount of approximately 33.3 per cent. to the closing middle market price for\n an Ordinary Share for the business day immediately preceding the date on which the Company\n announced such price).\"\n\n\n\n\nFor further informat...