Business
Results of General Meeting
Results of General Meeting.
About this update from Scancell Holdings Plc
[{"type":"text","content":"\n \n \n RNS Number : 7949V\n Scancell Holdings Plc\n 11 August 2020\n \n \n \n \n NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE \n UNITED STATES, AUSTRALIA, CANADA, NEW ZEALAND, JAPAN, THE RUSSIAN FEDERATION, THE REPUBLIC OF IRELAND OR THE REPUBLIC OF SOUTH AFRICA OR IN ANY OTHER JURISDICTION IN WHICH OFFERS OR SALES WOULD BE PROHIBITED BY APPLICABLE LAW. THIS ANNOUNCEMENT IS NOT AN OFFER TO SELL OR A SOLICITATION TO BUY SECURITIES IN ANY JURISDICTION. NEITHER THIS ANNOUNCEMENT NOR ANYTHING CONTAINED HEREIN SHALL FORM THE BASIS OF, OR BE RELIED UPON IN CONNECTION WITH, ANY OFFER OR COMMITMENT WHATSOEVER IN ANY JURISDICTION. \n \n \n THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF REGULATION 2014/596/EU (\"MAR\"). UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.\n \n \n \n \n \n 11 August 2020\n \n \n \n \n \n Scancell Holdings plc\n \n \n (\"Scancell\" or the \"Company\")\n \n \n \n \n \n Results of General Meeting\n \n \n Results of Open Offer\n \n \n and\n \n \n Issue of Ordinary Shares and Convertible Loan Notes and Total Voting Rights\n \n \n \n \n \n Scancell Holdings plc (AIM: SCLP), the developer of novel immunotherapies for the treatment of cancer, is pleased to announce that further to the oversubscribed Capital Raise which was announced by the Company on 22 July 2020, at the General Meeting held earlier today all resolutions were duly passed on a poll, with 99.92 per cent. of votes cast in favour of the Resolutions. \n \n \n The Company is also pleased to announce that the Open Offer, which closed for receipt of applications at 11.00 a.m. on 10 August 2020 in accordance with its terms, was significantly oversubscribed. \n Qualifying Shareholders who have validly applied for Open Offer Shares will receive their full basic entitlements under the Open Offer. \n As applications under the Excess Application Facility cannot be satisfied in full, applications for Open Offer Shares under the Excess Application Facility will be scaled back in accordance with the terms set out in the Circular. Following the scale back, 36,498,499 Open Offer Shares in aggregate will be issued pursuant to basic and excess entitlements.\n \n \n \n \n \n Ac...