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RENE Reneuron Group Plc

3.05
0.00 (0.00%)
23 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Reneuron Group Plc RENE London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 3.05 00:00:00
Open Price Low Price High Price Close Price Previous Close
3.05 3.05
more quote information »
Industry Sector
PHARMACEUTICALS & BIOTECHNOLOGY

Reneuron RENE Dividends History

No dividends issued between 23 Dec 2014 and 23 Dec 2024

Top Dividend Posts

Top Posts
Posted at 02/9/2024 07:22 by luckyabbeygale
At least ig are keeping the last trading price for Rene. As it not taken the loss out on the cfds but already has months ago with the spread bets.
Posted at 30/8/2024 10:06 by luckyabbeygale
Surely ig be giving money back instead of putting rene as 0 next Monday. As the law states that bets are protected from this sort of thing.
Posted at 30/8/2024 06:20 by luckyabbeygale
I do not understand how they taken out all the money for Rene from my spreadbet account in advance. When the law covers you if the share goes to 0.
Posted at 20/5/2024 21:07 by thiopia
17 May 2024



ReNeuron Group plc

("ReNeuron" or the "Company")



Publication of Joint Administrators' Proposals



ReNeuron Group plc (in administration) (AIM: RENE), a UK based leader in stem cell derived exosome technologies, announces that Mark Smith and Stephen Cork of Cork Gully LLP, joint administrators of the Company and of its subsidiaries, ReNeuron Limited, ReNeuron (UK) Limited ReNeuron Holdings Limited (together the "Group") (all in administration) have issued their statement of proposals to the members and creditors of the Group in accordance with the Insolvency Act 1986 and the Insolvency Rules (the "Proposals").

The contents of the main body of the Proposals (without appendices) are set out below without material amendment. A hard copy of the Proposals, including appendices, can be obtained upon request by contacting the joint administrators using the details noted below.


Purpose of the Administrations

The purpose of the Administrations is to, in the first instance, rescue the Group as a going concern.

Should the above not be achievable, the Joint Administrators will seek to achieve a better result for the Company's creditors as a whole than would be likely if the Group were wound up (without first being in Administration).

Should both of the above objectives fail, the Joint Administrators will take steps to realise assets in order to make a distribution to one or more preferential creditors.


Joint Administrators' strategy


The Joint Administrators are progressing negotiations with investor(s) to allow for continuity of the Group's operations. Alternatively, an acquisition of all or part of the Group, or its business and/or assets, is also being explored. The Joint Administrators have sought to preserve value for a prospective investor or purchaser by retaining key employees and ensuring the continuation of critical services.
Posted at 20/3/2024 13:03 by luckyabbeygale
Just googled it and it can take up to a year for this process. Therefore Rene will continue to show its last trading price for up to a year and then the delisting will happen.
Posted at 06/2/2024 11:54 by luckyabbeygale
Thankyou. My Redrock was up about 3 grand. I am tempted to just let it all ride for the result of the court case. As if they win the reward maybe my highest ever gain that I have made on a share.

I do wonder if spreadbets get any benefit if Rene go bust and end up going up 500% as a cash shell.
Posted at 06/2/2024 11:19 by luckyabbeygale
In hindsight I should of escaped from my cfd account future losses on Rene by putting it all into redrock during the time I topped up on redrock at 0.095p using some share deal funds. As redrock is in a court case for 8.5m and if they win they will use that money to fight glencore for 200m after fees.
Posted at 05/2/2024 15:19 by waterloo01
waterloo01 - 18 Jan 2022 - 07:35:32 - 8236 of 8586ReNeuron - a leading, clinical-stage stem cell business - RENE

As an ex old holder, sorry to see the RP data. It was kind of clear from earlier data that it was problematic.

Terminator101 not far from the truth of it unfortunately,
Posted at 05/2/2024 14:33 by tomboyb
5 February 2024



ReNeuron Group plc

("ReNeuron", the "Group" or the "Company")



Corporate update and suspension of trading on AIM



ReNeuron Group plc (AIM: RENE), a UK based leader in stem cell derived exosome technologies, provides the following update in relation to its current business development, financing discussions and working capital position.



On 8 November 2023, the Group announced its Interim Results for the six months ended 30 September 2023 ("Interim Results"). At the time, the Board stated that the outlook for the business remained positive provided it could retain its' highly dedicated team of scientists, further develop and verify the CustomEX™ exosome delivery platform and conclude validating industry partnerships.



As also announced in the Interim Results, potential corporate actions that were under consideration by the Board included raising additional equity financing and/or securing a financing facility and/or entering into M&A discussions. The Group also noted in the Interim Results that as at 30 September 2023, the Group had cash, cash equivalents and bank deposits of £5.1 million and that the Group's latest internal projections (assuming no new revenues or funding) meant there was a cash runway to April 2024, ahead of which point further revenues and/or a capital injection would be required.



In the intervening period, despite great scientific progress having been made in further developing and exemplifying the CustomEX™ exosome delivery platform and progressing several ongoing third-party business development discussions, the Group has not yet been able to conclude a validating, revenue generating industry partnership nor been able to secure additional equity funding. Accordingly, throughout the period the Group has been carefully managing its working capital, but it is now in a highly constrained financial position and requires additional financing urgently, in order to continue as a going concern. In the absence of any additional financing being available in the immediate term, the Group now needs to take steps to preserve and maximise value for its creditors.



Whilst the Group continues to explore a number of corporate options, including seeking to realise value for its physical and intellectual assets, the Board recognises that in the absence of an immediate injection of capital and in view of the current financial uncertainty, it needs to put staff at risk of redundancy, initiate discussions with its creditors and establish the precise solvency status of the business. Should the Company fail to achieve a solution in the short term, the Board would have no option but to place the Company into administration. Should administrators be appointed, it is not known how much, if any, value would be returned to shareholders.



In light of the above, the Company has requested a suspension of trading in its ordinary shares on AIM pending clarification of its financial position. Trading in the Company's ordinary shares has been suspended at 2:30 p.m. today and further updates will be provided in due course.



Enquiries:
Posted at 19/8/2023 23:02 by thiopia
("ReNeuron" or the "Company")

Notice of Annual General Meeting

ReNeuron Group plc (AIM: RENE) , a UK-based leader in stem cell derived exosome technologies , announces that the Notice of Annual General Meeting ("AGM") and Form of Proxy have today been posted to shareholders and will shortly be available on the investors section of the Company's website here .

The AGM will be held at the offices of Covington & Burling LLP, Level 54, 22 Bishopsgate, London EC2N 4BQ on 22 August 2023 at 9.30 a.m.

The Board welcomes the opportunity to invite shareholders to attend the AGM in person. Persons intending to attend and vote at the meeting in person will need a QR code to access the meeting venue. Such QR code will need to be displayed on a smartphone or similar device. A QR code will be able to be obtained in advance by emailing externalproxyqueries@computershare.co.uk with your full name and email address. Please note that this email address should be used for this purpose only, and the Registrar will not be able to respond to any other form of communication or enquiry sent to this email address. Persons who have not obtained a QR code in advance will be able to obtain one at the meeting venue.

If shareholders are unable to attend the meeting in person, then they are encouraged to submit their votes by proxy by appointing the Chairman of the AGM as their proxy, so that their votes can be taken into account.

Shareholders are also encouraged to submit any questions for the Chairman to info@reneuron.com at least 48 hours prior to the Meeting. Shareholders that are able to attend the AGM in person will also have an opportunity to ask questions at the Meeting. Where appropriate, questions and answers will be collated and later published on the Company's website at www.reneuron.com.

The results of the proposed resolutions will be published on the Company website and announced via RNS as soon as practicable after the conclusion of the AGM.

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