Looking Back11 Jul 2019 18:30
Looking back to the last day that the Articles of Association were changed:
15 May 2015 RNS - "In addition to the usual business dealt with at the AGM, the Company also sought shareholder approval for a consolidation and sub-division of its share capital (the 'Capital Reorganisation'), details of which were set out in the circular sent to shareholders on 22 April 2015, which is available from the Company's website at www.valirx.com. A summary of the Capital Reorganisation was also announced by the Company on 22 April 2015.
Following the passing of the resolutions required to effect the Capital Reorganisation at the AGM today, conditional on Admission (defined below), every 125 existing ordinary shares of 0.1p each ('Existing Ordinary Shares') will be consolidated into one consolidated ordinary share of 12.5p each ('Consolidated Share'). Immediately afterwards, each of the Consolidated Shares will be sub-divided into one new ordinary share of 0.1p each ('New Ordinary Share') and one new deferred share of 12.4p each ('New Deferred Shares').
Accordingly, the existing issued share capital of 3,772,151,750 Existing Ordinary Shares will, conditional on Admission, be reorganised into 30,177,214 New Ordinary Shares. Application has been made for the 30,177,214 New Ordinary Shares, created pursuant to the Capital Reorganisation, to be admitted to trading on AIM which is expected to occur on or around 18 May 2015 ('Admission')."
https://tools.euroland.com/tools/PressReleases/GetPressRelease/?ID=3149792&lang=en-GB&companycode=services