ValiRx PLC Notice of GM (9238T)
July 06 2018 - 11:42AM
UK Regulatory
TIDMVAL
RNS Number : 9238T
ValiRx PLC
06 July 2018
VALIRX PLC
("ValiRx", the "Company" or the "Group")
SHAREHOLDER CIRCULAR AND NOTICE OF GENERAL MEETING
London, UK. 6 July 2018: ValiRx Plc (AIM: VAL), a clinical stage
biotechnology company, announces that it has today published and
posted to shareholders a circular and notice convening a General
Meeting of ValiRx Plc, to be held at the offices of DAC Beachcroft
LLP at 100 Fetter Lane, London EC4A 1BN at 11:30 a.m. on 24 July
2018.
The directors will propose at the General Meeting shareholder
resolutions seeking shareholder authority to allot shares and the
dis-application of pre-emptive rights.
A copy of the Circular and this announcement will be available
on the Company's website shortly: www.valirx.com.
This announcement contains inside information for the purposes
of Article 7 of EU Regulation 596/2014.
*** ENDS ***
For more information, please contact:
ValiRx plc Tel: +44 (0) 20 3008 4416
www.valirx.com
Dr Satu Vainikka, Chief Executive Tel: +44 (0) 20 3008 4416
Tarquin Edwards, Head of Communications. Tel: +44 (0) 7879 458
364
tarquin.edwards@valirx.com
Cairn Financial Advisers LLP (Nominated Tel: +44 (0) 20 7213 0880
Adviser)
Liam Murray / Jo Turner
Novum Securities Limited Tel: +44 (0) 20 7399 9400
Colin Rowbury
Notes for Editors
About ValiRx
ValiRx is a biotechnology oncology focused company specialising
in developing novel treatments for cancer and associated
biomarkers. It aims to make a significant contribution in
"precision" medicine and science, namely to engineer a breakthrough
into human health and well-being, through the early detection of
cancer and its therapeutic intervention.
The Company's business model focuses on out-licensing
therapeutic candidates early in the development process. By aiming
for early-stage value creation, the company reduces risk
considerably while increasing the potential for realising value.
The group is already in licensing discussions with major players in
the oncology field.
ValiRx's two classes of drugs in development, which each have
the potential for meeting hitherto unmet medical needs by existing
methods, have worldwide patent filings and agreed commercial
rights. They originate or derive from World class institutions,
such as Cancer Research UK and Imperial College.
Until recently, cancer treatments relied on non-specific agents,
such as chemotherapy. With the development of target-based agents,
primed to attack cancer cells only, less toxic and more effective
treatments are now possible. New drugs in this group-such as those
in ValiRx's pipeline-promise to greatly improve outcomes for cancer
patients.
The Company listed on the AIM Market of the London Stock
Exchange in October 2006 and trades under the ticker symbol:
VAL.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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