Share Name Share Symbol Market Type Share ISIN Share Description
Valirx LSE:VAL London Ordinary Share GB00BWWYSP41 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.625p -11.11% 5.00p 4.75p 5.25p 5.625p 4.625p 5.625p 34,143,080 16:28:58
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Pharmaceuticals & Biotechnology 0.0 -5.8 -8.5 - 13.17

ValiRx PLC Shareholder Circular and Notice of General Meeting

06/12/2017 7:00am

UK Regulatory (RNS & others)

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RNS Number : 4819Y

ValiRx PLC

06 December 2017


("ValiRx" or "the Company")


London, UK, 6 December 2017: ValiRx Plc (AIM: VAL), a clinical stage biotechnology announces that it has recently published and posted to shareholders a circular and notice convening a General Meeting of ValiRx Plc to be held at the offices of DAC Beachcroft LLP at 100 Fetter Lane, London EC4A 1BN at 9:00 a.m. on 21 December 2017.

The directors will propose at the General Meeting shareholder resolutions seeking shareholder authority to allot shares and the dis-application of pre-emptive rights.

A copy of the Circular will be available on the Company's website shortly:

- ENDS -

For more information, please contact:

ValiRx plc                                        Tel: +44 (0) 20 3008 4416 
Dr Satu Vainikka, Chief Executive        
 Tarquin Edwards, Investor Relations               Tel: +44 (0) 7879 458 364 
Cairn Financial Advisers LLP (Nominated Adviser)  Tel: +44 (0) 20 7213 0880 
Liam Murray / Jo Turner 
Beaufort Securities Limited (Broker)              Tel: +44 (0) 20 7382 8300 
Jon Belliss 

Notes for Editors

About ValiRx Plc

ValiRx is a biotechnology oncology focused company specialising in developing novel treatments for cancer and associated biomarkers. It aims to make a significant contribution in "precision" medicine and science, namely to engineer a breakthrough into human health and well-being, through the early detection of cancer and its therapeutic intervention.

The Company's business model focuses on out-licensing therapeutic candidates early in the development process. By aiming for early-stage value creation, the company reduces risk considerably while increasing the potential for realising value. The group is already in licensing discussions with major players in the oncology field.

ValiRx's two classes of drugs in development, which each have the potential for meeting hitherto unmet medical needs by existing methods, have worldwide patent filings and agreed commercial rights. They originate or derive from Word class institutions, such as Cancer Research UK and Imperial College.

Until recently, cancer treatments relied on non-specific agents, such as chemotherapy. With the development of target-based agents, primed to attack cancer cells only, less toxic and more effective treatments are now possible. New drugs in this group-such as those in ValiRx's pipeline-promise to greatly improve outcomes for cancer patients.

The Company listed on the AIM Market of the London Stock Exchange in October 2006 and trades under the ticker symbol: VAL.

This information is provided by RNS

The company news service from the London Stock Exchange



(END) Dow Jones Newswires

December 06, 2017 02:00 ET (07:00 GMT)

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