Member Info for Fredd1eboy

£20k just bought at 8p.....bodes well if that really is the bottom....

Many thanks nomlungo

Fri, 22nd May 2020 12:04

RNS Number : 7842N
ValiRx PLC
22 May 2020

VALIRX PLC

("ValiRx", the "Company" or the "Group")



Result of General Meeting and Total Voting Rights



London, UK., 22 May 2020: ValiRx Plc (AIM: VAL), the clinical stage biotechnology company announces that, at the General Meeting of the Company held earlier today, all resolutions were duly passed.



The poll results are set out below:-



Resolutions

For

Against

Discretion



Resolution 1 (Ordinary)

Allotment of share capital



1,994,665

39,045

2,031



Resolution 2 (Special)

Dis-application of pre-emptive rights



1,968,954

66,423

2,040



As a consequence, further to the announcements of 4 May 2020 and of 6 May 2020, application has been made for the 18,069,467 new ordinary shares to be admitted to trading on AIM, which is expected to occur on or around 26 May 2020. There are no shares held in treasury. The 18,069,467 new ordinary shares will rank pari passu with the existing ordinary shares of ValiRx.



Following admission, the Company will have in issue 36,062,373 ordinary shares with voting rights. The above figure may be used by shareholders as the denominator for calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Disclosure and Transparency rules.





This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.



For more information, please contact:



ValiRx plc

Tel: +44 (0) 20 7073 2628

www.valirx.com

Kevin Alexander

Cairn Financial Advisers LLP (Nominated Adviser)

Liam Murray / Jo Turner / Ludovico Lazzaretti



Tel: +44 (0) 20 7213 0880

Peterhouse Capital Limited (Sole Broker)

Duncan Vasey / Lucy Williams / Eran Zucker



Tel: +44 (0) 20 7469 0930

Agreed Gilders....and maybe the sp may drop to 6p but I believe Val is now a bargain at 8p......time will tell......I'll give it a week and I'll be congratulating myself on my premium priced buy.......for those newbies....please DYOR as I'm not ramping .....all investments are a risk....particularly at this current point in time.....Best of luck...

....just bought £3850 worth at 8.05p

Good morning to you too nomlungo....

Good morning RB and agreed....and I wish I was sailing....walked some of the coastal path yesterday....just a couple of yachts out on very calm breezy waters....I do miss my old yacht....until I think about yard and mooring fees...anti fouling...lift in charges....servicing....replacing running rigging, sail laundering...my limited ability to walk the deck....etc etc...then I start thinking about the merits of crewing for others....in time...all in good time...Have a good day. Best wishes. Fred

....no ramping or deramping.... refreshing....

Please excuse poor grammar...I hit the send button prematurely.

Good morning MSBV.....You will read articles over years on most of Valirx compounds.....why bring things to added shareholder value when you can milk the company dry of cash, to pay inflated salaries and expenses....well that was the old Strategy including short term finance sharks....my hope is that under new management Valirx may demonstrate duty of care to all involved....including the health of its investors...Albeit the vibes are now showing more positivity to shareholders.....time will tell. Hopefully future fund raises will be open to all to participate in....

Hi Haso.....let's hope all the forthcoming placing shares will have been forward sold within the next week....If so, I'm hoping for a recovery, if not, we may experience a little pain for a few days.....Hobson's choice!!
One thing I am pleased about is that the funds have been raised....as with GM and Satu at the helm, we'd probably be tits up by now...that's not withstanding Corona virus investor fear...

.....the bones of a strategy and route map....I look forward to meat on the bone as time moves on.
The key risk to timing fully understood by all.....No techy jargon/BS....layman's terms....long may it continue....

Spot on Borgie......yes...fully agree.....as far as I'm concerned the release of news some time after shares have been floated on the market, would be a positive game changer for Valirx.....we will see...

....in the absence of two greedy selfish money grabbers who have clearly wrecked so many lives, we are now awaiting a revised revenue outgoings budget proposal..
Will be interesting to see if our concerns and recommendations have been seriously taken up and if resulting in less money grabbing, but more performance focused, how will it impact, the share price.....I await with interest!

Hi DP64.....Yes that would be fair to get recompense for incompetence or worse.....
As I said, If someone wishes to take the helm...I will support.
Best wishes and have a good day.
Fred

Hi DP64......I have met my personal objective and with the help of many others rid ourselves of George and Satu. Hopefully the rest of our requests, now, for the attention of the new BOD, will be delivered, but over time.
As far as restitution of historical collapsed shareholder asset value, I will support another to lead the way to restoring some of what has been lost
As, has been reported to me, we have to remember that a successful claim against Valirx insurance would be disastrous. We would probably shoot ourselves in the foot.
So they have to be held personally responsible for non-insurable wrongdoings...
If you are prepared to take the helm DP64 and lead this initiative....I will support you.
Your call.
Best wishes.
Fred

Methinks the red 100k trade was a buy.

Agreed Rightback.....

I should have added....there's strength in numbers....

....feel they have a case for George and Satu to answer....I'm behind them, hopefully along with many others, along with me, who have suffered unimaginable losses at their hands..