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
31st Jan 20077:02 amRNSInterim Results
12th Jan 200712:45 pmRNSHolding(s) in Company
9th Jan 200712:57 pmRNSNotice of Results
21st Dec 20064:12 pmRNSTotal Voting Rights
29th Nov 20062:23 pmBUSSerial Entrepreneur Jothy Rosenberg Joins ANGLE Technology Ventures
27th Nov 20061:49 pmRNSContract Award
8th Sep 20067:01 amRNSNon-Executive Appointment
7th Sep 20062:26 pmRNSAGM Statement
28th Jul 200610:37 amRNSDirector/PDMR Shareholding
27th Jul 20067:02 amRNSPreliminary Results
27th Jul 20067:00 amRNSStrategic Partnership
27th Jul 20067:00 amRNSGeomerics IP Validation
17th May 20067:00 amRNSNew Venture Company
15th May 20064:55 pmRNSHolding(s) in Company
8th May 20068:52 amRNSHolding(s) in Company
4th May 20067:01 amRNSNew Venture - Parsortix Inc
5th Apr 20061:54 pmRNSHolding(s) in Company
31st Mar 20063:54 pmRNSBoard Change
31st Mar 20063:52 pmRNSHolding(s) in Company
29th Mar 200611:45 amRNSEGM Statement
29th Mar 20067:02 amRNSNew Venture Company
6th Mar 20067:02 amRNSPlacing
24th Jan 20067:01 amRNSChange of Adviser
24th Jan 20067:01 amRNSContract Extension
24th Jan 20067:01 amRNSInterim Results
16th Dec 20052:32 pmRNSSnr Appt at Geomerics
17th Nov 20057:02 amRNSRe US Venture -- Aberro
15th Nov 20057:03 amRNSRe Synature Ltd
11th Nov 20057:29 amRNSAppointment at Novocellus Ltd
2nd Nov 20059:41 amRNSDirector/PDMR Shareholding
25th Oct 20058:00 amRNSAppointments - UK Ventures
20th Oct 20057:00 amRNSContract Extension
17th Oct 20057:01 amRNSVentures (US) Team Expansion
1st Sep 200512:43 pmRNSHolding(s) in Company
25th Aug 20053:02 pmRNSResult of AGM
11th Aug 20055:21 pmRNSAdditional Listing
1st Aug 20057:01 amRNSDirectorate Change
20th Jul 20058:30 amRNSContract Win
6th Jul 20057:01 amRNSFinal Results
24th Jun 20058:00 amRNSRe Provexis Admission to AIM
23rd Jun 20053:13 pmRNSNotice of Results
22nd Jun 200512:45 pmRNSHolding(s) in Company
10th Jun 20057:01 amRNSJoint Research Programme
31st May 20057:02 amRNSRe Acolyte Biomedica
26th May 20057:02 amRNSTrading Update
26th May 20057:02 amRNSProvexis - Reverse Takeover
6th May 20057:00 amRNSGeomerics - New Venture Co.
29th Apr 20057:01 amRNSNew US Venture
12th Apr 20057:00 amRNSNew Contracts
23rd Mar 200512:03 pmRNSRe Provexis Limited

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.