Buy
Sell
Share Name Share Symbol Market Type Share ISIN Share Description
Biotage Ab LSE:0GRP London Ordinary Share SE0000454746 BIOTAGE ORD SHS
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  2.28 2.37% 98.425 93.85 103.00 98.425 95.975 97.525 3,946 16:24:01
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
- - - - 0

Biotage Postpones the AGM Until June 4, 2020

26/03/2020 4:18pm

PR Newswire (US)


Biotage Ab (LSE:0GRP)
Historical Stock Chart

1 Month : From Feb 2020 to Mar 2020

Click Here for more Biotage Ab Charts.

UPPSALA, Sweden, March 26, 2020 /PRNewswire/ -- The developing spread of the outbreak of the coronavirus COVID-19 is causing great difficulties to access with accuracy the economic situation for the society as such but also for Biotage and its customers. Authorities around the globe have introduced restrictions for events and travels. Biotage has also introduced meeting restrictions and encouraged employees to work from home when possible, all for the good of limiting the spread of the virus amongst employees and society. Many of our customers are applying equivalent restrictions.

Biotage has a healthy business and a track record of increased share dividends. The Board of Director's dividend proposal for 2019 was motivated by the company's strong finances and solid financial result. Biotage still has a good financial situation but at the same time, the effects from COVID-19 are creating uncertainties about how the company's business will develop. And in particular when you take into consideration how fast the conditions are changing, Biotage's Board of Directors has made the judgement that they for precautionary reasons need more time for analysis and assessment of the situation before evaluating the dividend proposal for 2019 as regards amount and timing. As a result, the Biotage Board of Directors has made the decision today to postpone the AGM until Thursday June 4, 2020, and then also with the hope that the COVID-19 situation has improved so that shareholders may attend the AGM safely.

This information was submitted for publication, through the agency of the contact persons set out above, at 5.00pm CET on March 26, 2020.

About BiotageĀ 
Biotage offers efficient separation technologies from analysis to industrial scale and high quality solutions for analytical chemistry from research to commercial analysis laboratories. Biotage's products are used by government authorities, academic institutions, contract research and contract manufacturing companies, pharmaceutical and food companies, among others. The company is headquartered in Uppsala and has offices in the US, UK, China, Japan, South Korea and India. Biotage has approx. 460 employees and had sales of 1 101 MSEK in 2019. Biotage is listed on NASDAQ Stockholm. Website: www.biotage.com

Contact

Biotage
Box 8 751 03 UPPSALA
+46-18-56-59-00
+46-18-59-19-22
http://www.biotage.com
info@biotage.com

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/biotage/r/biotage-postpones-the-agm-until-june-4--2020,c3069979

The following files are available for download:

https://mb.cision.com/Main/705/3069979/1218632.pdf

Press release (PDF)

Cision View original content:http://www.prnewswire.com/news-releases/biotage-postpones-the-agm-until-june-4-2020-301030479.html

SOURCE Biotage

Copyright 2020 PR Newswire

1 Year Biotage Ab Chart

1 Year Biotage Ab Chart

1 Month Biotage Ab Chart

1 Month Biotage Ab Chart
ADVFN Advertorial
Your Recent History
LSE
0GRP
Biotage Ab
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V:gb D:20200329 09:22:05