Business
Results of General Meeting
Results of General Meeting.
About this update from Metir Plc
[{"type":"text","content":"\n \nRNS Number : 5411F Microsaic Systems plc 24 May 2013 \n \n\n24 May 2013\nMicrosaic Systems plc\n(\"Microsaic\" or the \"Company\")\n \nResults of General Meeting and Completion of Placing\n \nMicrosaic Systems plc (AIM: MSYS), the developer of chip-based scientific instruments, announces that a general meeting of the Company was held at 11.00 a.m. (UK time) this morning, further to previous announcements made on 3 and 7 May 2013.\n \nThe Company is pleased to announce that all resolutions proposed at the general meeting were passed and that the conditional placing of 9,951,443 new ordinary shares of 0.25p each has completed subject to admission of those shares (expected on 29 May 2013) becoming effective in accordance with the AIM Rules for Companies. \n \nThe net proceeds of the placing will provide the Company with additional capital to execute its organic revenue growth plans, as well as to invest in the development and production of its instruments and technologies.\n \nEnquiries:\n \n\n\n\n\nMicrosaic Systems plc\n\n\nvia Citigate Dewe Rogerson\n\n\n\n\nColin Jump, CEO\n\n\n\n\n\n\n\nEric Yeatman, Chairman\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nNumis Securities Limited\n\n\n+44 (0)20 7260 1000\n\n\n\n\nStuart Skinner (Nominated Adviser)\n\n\n\n\n\n\n\nJames Serjeant (Broker)\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nCitigate Dewe Rogerson (Financial PR)\n\n\n+44 (0)20 7638 9571\n\n\n\n\nChris Gardner, Mark Swallow, Malcolm Robertson\n\n\n\n\n\n\n\nAbout Microsaic Systems plc\nMicrosaic Systems develops chip-based scientific instruments for the identification of substances in solids, liquids and gases. The Company's products are based on the 'gold-standard' scientific technique of mass spectrometry (MS).\nMicrosaic Systems has developed a miniaturised mass spectrometer product, based on its patented, chip-based technologies (ionchip®, spraychip® and vac-chip™), that is smaller, lighter, quieter, more energy efficient and cheaper to run than conventional MS systems.\nMass spectrometry (MS) is used across multiple sectors, including government, energy, utilities, pharmaceutical, diagnostics and healthcare, environmental, food and drink, security and defence, and industrial chemicals - a combined market of $3 billion in 2012.\nMicrosaic Systems was established in 2001 by a team including founder...