Business
AGM Update
AGM Update.
About this update from Rua Life Sciences Plc
[{"type":"text","content":"\n Aortech International PLC\n17 November 2005\n\n\nFor immediate release 17 November 2005\n\n\n\n AorTech International plc\n\n AGM Update\n\n and Notice of Poll Meeting\n\n\n\nAorTech International plc (AIM:AOR) today updates shareholders following its\nAnnual General Meeting on 26 October 2005.\n\n\nAt the AGM, all Resolutions were passed by a show of hands. However, in the\ncases of resolution number 5 concerning the proposed election of Jon Peter\nPither as a Director and resolution number 7 concerning the proposed change of\nname of the Company to AorTech Biomaterials plc, a poll was validly requested by\na person in attendance at the meeting. It has been determined that the poll\nwill be taken at 12 noon on Tuesday, 6 December 2005, at Buchanan\nCommunications, 107 Cheapside, London, EC2V 6DN. All shareholders entitled to\nattend the Annual General Meeting will be entitled to attend the taking of the\npoll.\n\n\nJon Pither was appointed as a Non-Executive Director on 1 March 2004 and took\nover as Chairman on 13 May 2005. Jon has Board and City institutional\nexperience and also knowledge and experience of the challenges facing quoted\nsmall cap companies with emerging technologies. The Board unanimously support\nthe election of Jon Pither to allow him to continue as Chairman.\n\n\nThe objective in proposing the change of the name from AorTech International plc\nto AorTech Biomaterials plc is to reflect more accurately the future of the\nCompany's focus on the development and commercial applications of its\nbiomaterial products. The Company's subsidiary in Australia, where the research\nand operational activity is now centred, is named AorTech Biomaterials Pty Ltd.\nGiven that the UK operation is administrative rather than marketing related, the\ncosts of such a change would be relatively minimal in terms of reprinting of\nstationery and other related items.\n\n\nShareholders are being sent an explanatory letter early next week, together with\na proxy card, and are required to lodge the card in the Registrars' offices no\nlater than noon on Monday, 5 December 2005 in order for it to be valid. Proxies\nthat were lodged prior to the Annual General Meeting will remain valid unless\nrevoked by submitting the new proxy card. Copies of the letter to the\nshareholders and the poll card will be made available to the public from t...