Less Ads, More Data, More Tools Register for FREE

Pin to quick picksAngle Regulatory News (AGL)

Share Price Information for Angle (AGL)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 14.00
Bid: 13.50
Ask: 14.50
Change: -0.25 (-1.75%)
Spread: 1.00 (7.407%)
Open: 14.25
High: 14.00
Low: 13.75
Prev. Close: 14.25
AGL Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

2011 AGM Statement

6 Oct 2011 07:00

RNS Number : 6591P
Angle PLC
06 October 2011
 



For immediate release

6 October 2011

 

ANGLE plc ("the Company")

 

2011 AGM Statement

 

 

ANGLE plc (AIM : AGL) ("ANGLE" or "the Company") will hold its 2011 Annual General Meeting today at 2:00pm at ANGLE's offices, 3 Frederick Sanger Road, Surrey Research Park, Guildford, Surrey, GU2 7YD.

 

Garth Selvey, ANGLE's Chairman, will make the following statement:

 

"I am delighted with the progress made during the year set out in our preliminary results for the year to 30 April 2011.

 

Since the announcement of those results, we have made excellent progress with Parsortix, our portfolio company specialising in cancer diagnostics, which was the catalyst for our successful £1.25 million fundraising in July supported by existing and new investors.

 

Last week ANGLE achieved a major milestone by validating that Parsortix's patented cell separation device can capture cancer cells added to blood. This breakthrough opens up a large market opportunity for Parsortix with the potential for early revenues through the launch of a research use tool targeted for mid 2012. We are also targeting FDA approval and a European CE Mark by mid 2013 to enable launch of the device for a number of different clinical applications.

 

Yesterday we announced that, following the success in validating that Parsortix's cell separation device can capture cancer cells added to blood, ANGLE has increased its holding in Parsortix to 90% and has agreed an ongoing mechanism for investment by ANGLE, which will gradually increase ANGLE's holding further as funds are deployed in Parsortix.

 

This leaves ANGLE in the enviable position of having a diversified business model, with a number of potential streams of income and opportunities for substantial returns.

 

I would again like to thank ANGLE's team, our partners and shareholders for their ongoing support and we look forward to achieving further value enhancing milestones over the next year.

 

Finally, in light of the market's positive reaction to the significant developments at Parsortix and investor requests to understand more about the Parsortix's patented cell separation device, ANGLE announced on Tuesday 4 October that it would be holding an investor webcast tomorrow Friday 7 October at 9:00am (BST)."

 

 

Webcast and Dial-in Details

 

Please log on 10 minutes before the start of the webcast (8:50am). The address is:

http://mediaserve.buchanan.uk.com/2011/angle071011/registration.asp

 

Once registered, there will be an option during the presentation to send a question to ANGLE's management. To use the dial-in facility please call: +44 (0)20 3059 5702. The Participant Pass code is: 223399.

 

A recording of the webcast will also be made available on ANGLE's website.

 

 

 

 

For further information:

 

ANGLE plc

01483 685830

Andrew Newland, Chief Executive

Ian Griffiths, Finance Director

 

Collins Stewart Europe Limited

Matt Goode

 

0207 523 8350

Buchanan

Lisa Baderoon

 

020 7466 5000

Scott Harris

Stephen Scott, James O'Shaughnessy, Harry Dee

0207 653 0030

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
AGMDMMGGRKGGMZM
Date   Source Headline
27th Aug 20081:05 pmRNSRule 8.3- Angle Plc
22nd Aug 200812:13 pmRNSRule 8.3- Angle Plc
21st Aug 20088:40 amRNSStatement re: Angle Plc
4th Aug 20087:00 amRNSProvexis Fundraising
29th Jul 200811:39 amRNSRule 8.3- Angle Plc
23rd Jul 20082:13 pmRNSRule 8.3- Angle Plc
18th Jul 20085:19 pmRNSRule 2.10 Announcement
18th Jul 20083:09 pmRNSResponse RE Angle Offer
18th Jul 20087:00 amRNSStatement re possible offer
11th Jul 20081:05 pmRNSStatement re. announcement
11th Jul 20088:10 amRNSOffer Update
10th Jul 20087:00 amRNSParsortix world break-through
10th Jul 20087:00 amRNSAguru Images sales
10th Jul 20087:00 amRNSContract Win
10th Jul 20087:00 amRNSPreliminary Results
19th Jun 200811:37 amRNSRule 8.3- Angle Plc
10th Jun 200812:27 pmRNSRule 8.3- Angle Plc
5th Jun 20081:07 pmRNSRule 8.3- Angle Plc
23rd May 200811:50 amRNSRule 8.3- Angle Plc
13th May 200811:57 amRNSRule 8.3- Angle Plc
13th May 200811:57 amRNSRule 8.3- Angle Plc
12th May 20081:20 pmRNSRule 8.3-Angle Plc
9th May 200810:00 amRNSPre-close update
25th Apr 20082:42 pmRNSRule 8.3- Angle Plc
7th Apr 20087:01 amRNSStatement re possible offer
20th Mar 20084:48 pmRNSDirector/PDMR Shareholding
14th Feb 20087:01 amRNSSoftware Development
6th Feb 20087:01 amRNSContract Win
5th Feb 20085:33 pmRNSStatement re. Possible Offer
31st Jan 200811:56 amRNSStatement re Possible Offer
31st Jan 20087:01 amRNSInterim Results
25th Jan 200810:39 amRNSHolding(s) in Company
17th Jan 20087:00 amRNSNotice of Results
13th Nov 20077:01 amRNSPre-close Update
7th Nov 200711:30 amRNSHolding(s) in Company
20th Sep 20073:13 pmRNSResult of AGM
20th Sep 20077:01 amRNSAGM Statement
20th Aug 200710:33 amRNSAIM Rule 26
5th Jul 20077:01 amRNSGeomerics Fundraising
5th Jul 20077:01 amRNSPreliminary Results
27th Jun 20077:01 amRNSContract Win
7th Jun 20077:01 amRNSNotice of Results
1st May 20077:03 amRNSTrading Update
5th Apr 20073:39 pmRNSDirector/PDMR Shareholding
20th Mar 20071:40 pmRNSDirector/PDMR Shareholding
14th Feb 20072:21 pmRNSTrade Sales
2nd Feb 200711:16 amRNSHolding(s) in Company
31st Jan 20077:02 amRNSCommercial Sale
31st Jan 20077:02 amRNSNovocellus Update
31st Jan 20077:02 amRNSSenior Appointment

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.