RE: Deepverge Plc.28 Aug 2020 18:29
Here you go Sloppy bud,
Subject to Shareholders’ approval of Resolution 7 as a special resolution, the name of the Company will
be changed to Deepverge Plc.
Over the last two years the Company has undergone a strategic transformation from the sale of
personal consumer goods such as beauty, oral and skin care products to the provision of diagnostic
services to the healthcare, skincare, pharmaceutical, chemical and environmental companies, with
emphasis on physical and virtual diagnostic analysis using machine learning and artificial intelligence
(“AI”).
The core competence is now on the production of bacteria, detection of bacteria, virus and toxins in the
environment and on Labskin, our laboratory grown human skin equivalent. Deep research and current
development of products and services leaves the company on the verge of many breakthrough solutions
working with biological substances using AI. For this reason, the name DeepVerge plc is more reflective
of what the Group is doing today and where the enlarged entity is heading.
If the special resolution to approve the change of name of the Company is passed at the General
Meeting, the Company’s AIM symbol will be changed to DVRG and its website address will be changed
to www.deepverge.com following the Change of Name being registered at Companies House.