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21 Dec 2016 16:00
Premaitha Health PLC
("Premaitha" or the "Company")
Posting of Circular
Further to the announcement made this morning in respect of the conditional acquisition of Yourgene Bioscience, the Company can now confirm a circular convening a general meeting in relation to the acquisition and a proposed share sub-division has now been posted to shareholders with an accompanying form of proxy.
The circular and form of proxy are available on the Company's website at www.premaitha.com
For more information, please contact:
Premaitha Health PLC | Tel: +44 (0) 161 667 6865 |
Dr Stephen Little, Chief Executive Officer |
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Barry Hextall, Chief Financial Officer |
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investors@premaitha.com |
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Cairn Financial Advisers LLP (Nomad) | Tel: +44 (0) 20 7213 0880 |
Liam Murray / Jo Turner |
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finnCap (Joint Broker) | Tel: +44 (0) 20 7220 0500 |
Adrian Hargrave / Scott Mathieson (Corporate Finance) |
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Tony Quirke (Corporate Broking) |
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Vigo Communications | Tel: +44 (0) 20 7830 9700 |
Ben Simons / Fiona Henson / Antonia Pollock |
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premaitha@vigocomms.com |
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About Premaitha
Premaitha is a molecular diagnostics company which uses the latest advances in DNA analysis technology to develop safer, faster and regulatory approved non-invasive screening tests for pregnant women.
Premaitha's lead test - the IONA® test - was launched in February 2015 and is the leading CE marked complete system which estimates the risk of a fetus being affected with Down's syndrome or other genetic conditions. The IONA® test is performed on the mother's blood sample - which contains traces of fetal DNA - and then analysed using next generation DNA sequencing technology from ThermoFisher Scientific.
Unlike existing prenatal screening methods, due to its high level of accuracy, the IONA® test can significantly reduce the number of women subjected to unnecessary stressful and invasive follow up diagnostic procedures which are costly, resource intensive and carry a risk of miscarriage.
Non-invasive prenatal screening is an emerging, multi-billion dollar global market and Premaitha's complete CE Marked system enables laboratories and health care practitioners to offer an approved, non-invasive prenatal screening system in-house.
Premaitha is based in Manchester Science Park, United Kingdom and its shares trade on the AIM market of the London Stock Exchange (AIM: NIPT). For further information please visit www.premaitha.com. Follow us on twitter @PremaithaHealth.
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