Notice of EGM

4 Apr 2008 13:07

Bioquell PLC04 April 2008 TO: CITY EDITORSFOR IMMEDIATE RELEASE 4 April, 2008 BIOQUELL PLC Posting of a circular to shareholders Capital reduction to facilitate the payment of future dividend payments Updating of the Company's Articles of Association Amendments to the Company's share option schemes BIOQUELL PLC ("BIOQUELL" or the "Company"), the UK leader in specialistdecontamination technology and testing/compliance services, announces that ithas today posted a circular to shareholders giving notice of an ExtraordinaryGeneral Meeting ("EGM") and of a Separate Class Meeting for holders ofPreference Shares (both to be held after the Annual General Meeting on 27 May,2008) and seeking shareholders' approval on three principal points. In summary, the Company is seeking shareholders' approval at the EGM to: * increase the distributable reserves of the Company by cancelling the share premium account which will help facilitate the payment of future dividends; * adopt new Articles of Association which, among other things, reflect recent changes in legislation; and * amend the Company's share option schemes to facilitate the continued use of options as a form of equity incentivisation for the management of the BIOQUELL Group. Copies of the Notice of EGM and the Notice of the Separate Class Meeting areavailable on the Company's website: www.bioquellplc.com. - Ends - Enquiries John Salkeld BIOQUELL PLC 01264 835 900Nick AdamsMark Bodeker This information is provided by RNS The company news service from the London Stock Exchange