Business
AGM Statement 2008
AGM Statement 2008.
About this update from Nanoco Group Plc
[{"type":"text","content":"\n \n\n\n\n Evolutec Group plc\n (\"Evolutec\" or \"the Company\")\n\n Results of Annual General Meeting, 10 April 2008\n\nEvolutec is pleased to announce that all the resolutions proposed at\nits Annual General Meeting held today, 10 April 2008, were passed.\n\nEvolutec will continue to seek an investment in a single, profitable\nUK or European un-quoted company with an established trading record\nin the areas of technology, healthcare or the service sector. It is\nanticipated that the investment would be an active investment and\nwill constitute a reverse takeover.\n\nThe four directors of Evolutec have considerable expertise in\nmergers, acquisitions, the sale of businesses and the valuation of\ninvestments in the aforementioned sectors. It is expected that the\ndirectors, working with appropriate advisers including Numis\nSecurities (the Company's Nomad), will undertake the due diligence\nfor any proposed investment.\n\nUnder AIM Rule 15 the Company will continue as an investment company\nfor 12 months during which time it is required to undertake a reverse\ntakeover or otherwise implement its investment strategy. Should the\nCompany fail to undertake either of the above, the Board anticipates\nthat the shares will be suspended on 13 April 2009 or the Company\nwill notify the market of any change.\n\nEnquiries:\n\nDr David P Bloxham, Chairman 07771 525 875\nMr Michael Meade, Numis Securities 0207 260 1000\nMr Oliver Cardigan, Numis Securities 0207 260 1000\n\n\nSafe Harbour statement: this news release may contain forward-looking\nstatements that reflect the current expectations of the Company\nregarding future events. Forward-looking statements involve risks and\nuncertainties. Actual events could differ materially from those\nprojected herein and depend on a number of factors including the\nsuccess of the Company's strategy, the successful integration of\ncompleted mergers and acquisitions and achievement of expected\nsynergies from such transactions, and the ability of the Company to\nidentify and consummate suitable strategic and business combination\ntransactions.\n\n---END OF MESSAGE---\n\n\n\n\n\n\n\n\n\n ","length":2283,"tagName":"div"}]