AOR.L Regulatory News (AOR)

17 Nov 2005 07:01

Aortech International PLC17 November 2005 For immediate release 17 November 2005 AorTech International plc AGM Update and Notice of Poll Meeting AorTech International plc (AIM:AOR) today updates shareholders following itsAnnual General Meeting on 26 October 2005. At the AGM, all Resolutions were passed by a show of hands. However, in thecases of resolution number 5 concerning the proposed election of Jon PeterPither as a Director and resolution number 7 concerning the proposed change ofname of the Company to AorTech Biomaterials plc, a poll was validly requested bya person in attendance at the meeting. It has been determined that the pollwill be taken at 12 noon on Tuesday, 6 December 2005, at BuchananCommunications, 107 Cheapside, London, EC2V 6DN. All shareholders entitled toattend the Annual General Meeting will be entitled to attend the taking of thepoll. Jon Pither was appointed as a Non-Executive Director on 1 March 2004 and tookover as Chairman on 13 May 2005. Jon has Board and City institutionalexperience and also knowledge and experience of the challenges facing quotedsmall cap companies with emerging technologies. The Board unanimously supportthe election of Jon Pither to allow him to continue as Chairman. The objective in proposing the change of the name from AorTech International plcto AorTech Biomaterials plc is to reflect more accurately the future of theCompany's focus on the development and commercial applications of itsbiomaterial products. The Company's subsidiary in Australia, where the researchand operational activity is now centred, is named AorTech Biomaterials Pty Ltd.Given that the UK operation is administrative rather than marketing related, thecosts of such a change would be relatively minimal in terms of reprinting ofstationery and other related items. Shareholders are being sent an explanatory letter early next week, together witha proxy card, and are required to lodge the card in the Registrars' offices nolater than noon on Monday, 5 December 2005 in order for it to be valid. Proxiesthat were lodged prior to the Annual General Meeting will remain valid unlessrevoked by submitting the new proxy card. Copies of the letter to theshareholders and the poll card will be made available to the public from thedate of the announcement for a period of one month, free of charge, and can beobtained from the Company's office whose address is given below. The poll will be taken at 12 noon on Tuesday, 6 December, 2005 at BuchananCommunications and the results announced to the Stock Exchange as soon aspossible thereafter. Shareholders are entitled to attend. Return of the proxyform does not prevent a member from attending the poll and voting in person. For further information please contact: AorTech International plc 0870 850 8286David Parsons, Company Secretary Buchanan Communications 020 7466 5000Ben Willey, Lisa Baderoon, Rebecca Skye Dietrich AorTech International plcPrestige Travel SuiteBarclays Bank House81-83 Victoria RoadSurbitonSurreyKT6 4NS This information is provided by RNS The company news service from the London Stock Exchange