Information  X 
Enter a valid email address

ValiRx share consolidation approved

By BFN News | 02:55 PM | Friday 15 May, 2015

ValiRx  has confirmed that all resolutions proposed at its annual general meeting today were passed - including a consolidation and sub-division of the company's share capital.

Every 125 existing ordinary shares of 0.1p each will be consolidated into one consolidated ordinary share of 12.5p each. Immediately afterwards, each of the consolidated shares will be sub-divided into one new ordinary share of 0.1p each and one new deferred share of 12.4p each.

Accordingly, the existing issued share capital of 3,772,151,750 existing ordinary shares will, conditional on admission, be reorganised into 30,177,214 new ordinary shares.  

At 2:55pm: (LON:VAL) ValiRx PLC share price was -0.04p at 0.22p

Story provided by

a d v e r t i s e m e n t