The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

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: 19.25
Bid: 19.00
Ask: 19.50
Change: -0.25 (-1.28%)
Spread: 0.50 (2.632%)
Open: 19.50
High: 19.50
Low: 18.50
Prev. Close: 19.50
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
6th Jul 201710:05 amRNSNotice of Results
4th Jul 20177:00 amRNSSuccessful Headline Data in Ovarian Cancer Studies
15th Jun 20177:00 amRNSParsortix breakthrough in prostate cancer
5th Jun 20177:00 amRNSSuccess with Parsortix in Colorectal Cancer
3rd May 20177:00 amRNSBusiness Update
4th Apr 20177:00 amRNSHolding(s) in Company
3rd Apr 20177:00 amRNSParsortix enables analysis in head and neck cancer
30th Mar 20177:00 amRNSProstate Cancer Update
14th Feb 201711:39 amEQSEdison issues outlook on Angle
13th Feb 20177:00 amRNSSelected for European Cancer ID Programme
26th Jan 20177:01 amRNSInterim Evaluation of Ovarian Cancer Study
26th Jan 20177:00 amRNSInterim Results
4th Jan 20177:00 amRNSNotice of Results
28th Nov 20167:00 amRNSISSUE OF SHARE OPTIONS
24th Nov 20162:48 pmRNSResult of GM
4th Nov 20167:00 amRNSBarts Research Supports Potential Use of Parsortix
1st Nov 20167:00 amRNSNotice of GM
27th Oct 20167:00 amRNSDirector's share purchase
7th Oct 201611:57 amRNSHolding(s) in Company
4th Oct 20164:35 pmRNSResult of AGM
30th Sep 20167:00 amRNSResearch published in Clinical Chemistry
19th Sep 201611:14 amRNSIssue of Equity
9th Sep 20164:12 pmRNSAnnual Report and Accounts and Notice of AGM
4th Aug 20167:00 amRNSMD Anderson Cancer Center poster presentation
2nd Aug 20163:37 pmRNSEdison issues ADR update on Angle
28th Jul 20167:00 amRNSUse of Parsortix in GANNET53 drug trial
28th Jul 20167:00 amRNSPreliminary Results
27th Jul 20167:00 amRNSInitiation of 200 patient US ovarian cancer study
19th Jul 20167:00 amRNSInitiation of European ovarian cancer study
15th Jul 20167:00 amRNSNotice of Results
15th Jul 20167:00 amRNSParsortix gaining traction at EACR Conference
1st Jun 20163:04 pmRNSHolding(s) in Company
31st May 20164:36 pmRNSHolding(s) in Company
27th May 20163:12 pmRNSEdison issues research update on Angle
25th May 20167:00 amRNSCancer Research UK Contract
25th May 20167:00 amRNSPlacing
29th Apr 20167:00 amRNSNEW PUBLICATIONS UTILISING PARSORTIX
19th Apr 201612:43 pmRNSEdison issues research update on Angle
18th Apr 20167:00 amRNSParsortix potential in metastatic breast cancer
21st Mar 201612:12 pmRNSEdison issues research update on Angle
21st Mar 20167:00 amRNSParsortix potential for prostate cancer detection
9th Mar 20167:00 amRNSEuropean patent grant for Parsortix
28th Jan 20167:00 amRNSInterim Results
27th Jan 201610:42 amRNSNotice of Interim Results
25th Jan 20167:00 amRNSUKE publishes evaluation of Parsortix
22nd Dec 20157:00 amRNSCompletion of Geomerics Transaction
15th Dec 20157:00 amRNSParsortix first commercial sales
10th Dec 20157:00 amRNSChange of FTSE Industry Classification Benchmark
30th Nov 20155:56 pmRNSHolding(s) in Company
17th Nov 20157:00 amRNSLung Cancer Research Publication

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.