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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Flightstore | FLS | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 1.50 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 1.50 | 1.50 |
| Top Posts |
|---|
Posted at 26/4/2005 17:38 by damanko PRESS ANNOUNCEMENTFINSBURY LIFE SCIENCES INVESTMENT TRUST PLC ("FLS" or the "Company") Posting of circular to shareholders seeking approval for a change in investment objective and policy and the investment management arrangements, release of obligation to put forward a continuation vote in 2005, a proposed change of name, amendment of the Articles of Association and renewal of buy back authority On 7 April 2005 the Board of FLS announced that it would be writing to shareholders seeking approval for proposals to change the investment objective and policy of the Company so as to widen the geographic exposure and to change the nature of the companies in which FLS invests. In order to manage the Company's investment portfolio under this broadened investment remit the Board proposes to appoint OrbiMed Capital LLC in place of the Company's existing investment advisers. The Board is also proposing to change the Company's name to Finsbury Emerging Biotechnology Trust PLC, which more closely reflects its new objective and to implement an active discount management policy. A circular detailing the proposals and convening an Extraordinary General Meeting for 19 May 2005 to implement the proposals has been sent to shareholders today, 26 April 2005. |
Posted at 13/4/2005 17:49 by damanko Thanks Ram. Though he clearly has a fan club, I reckon institutions have bought 15% plus of the issued share capital in the past couple of weeks, and with a stock like this, they will be in for the longer term. Add to that the pretty huge share buyback last week, and all this bodes well for FLS in the medium term.Onwards and........... |
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