Business
Final Results - Part 2
Final Results - Part 2.
About this update from Science Group Plc
[{"type":"text","content":"\n RNS Number : 3152H Sagentia Group PLC 18 February 2010 \n \n\nSAGENTIA GROUP PLC\n ('Sagentia' or the 'Group') \n \nAnnual Report and Financial Statements 2009\nPART 2\n \nNotes to the Financial Statements\nFor the year ended 31 December 2009\n \n1 General information\nSagentia Group plc (the 'Sagentia' or 'Company') and its subsidiaries (together 'Sagentia' or 'Group') is a leading international technology consulting and IP exploitation organisation with a reputation for successfully commercialising emerging science and technology. Sagentia creates, develops and delivers business opportunities, products and services for its clients.\n \nThe Company is the ultimate parent company in which results of all Sagentia companies are consolidated. The Company was incorporated on 17 March 2008 in order to acquire the whole of the undertaking of Sagentia Group AG via a share for share exchange. To date it has acquired 99.9% of Sagentia Group AG via a share for share exchange. \n \nSagentia develops new and novel technologies in the Medical (Drug Delivery, Diagnostics, Critical Care and Surgical), Industrial and Consumer industries. Its key areas of expertise include: engineering, electronics, life sciences, business innovation, and materials. Sagentia's facilities include state-of-the-art offices and laboratories located in Europe in Cambridge, in the US in Washington, and in Asia in Hong Kong. \n \nThe group and company accounts of Sagentia Group plc were prepared under IFRS and have been audited by Grant Thornton UK LLP. Accounts are available from the company's registered office; Harston Mill Harston, Cambridge, CB22 7GG.\n \nThe Company is incorporated in England and Wales and has its primary listing on the AIM Market of the London Stock Exchange (SAG.L). The value of Sagentia Group plc shares, as quoted on the London Stock Exchange plc at 31 December 2009, was 18.0 pence per share (2008: 17.0 pence).\n \nThese consolidated financial statements have been approved for issue by the Board of Directors on 17 February 2010.\n \n2 Summary of significant accounting policies\nThe principal accounting policies applied in the preparation of these consolidated financial statements are set out below. \n \nThese policies have been consistently applied to all the years pres...