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Creon Corporation plc (AMED)

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Tuesday 21 October, 2008

Creon Corporation plc


For immediate release: 21 October 2008

                             CREON CORPORATION Plc                             

                          ("Creon" or "the Company")                           

                      ISSUE OF CIRCULAR AND NOTICE OF GM                       

Creon Corporation Plc (AIM: CRO) announces that following its statement of 16
October 2008, a Circular convening a General Meeting of the Company is being
posted to shareholders today. The meeting is to be held at 10am on 6 November
2008 at offices of the Company at 11 Grosvenor Crescent, London SW1X 7EE.

At the General Meeting, the following Resolutions will be proposed:

 1. an ordinary resolution to increase the share capital of the Company from £
    500,000 to £1,000,000 by the creation of an additional 50,000,000 Ordinary
 2. an ordinary resolution to authorise the Directors to allot relevant
    securities (as defined in section 80 of the Act), inter alia, up to the
    authorised but unissued share capital; and
 3. a special resolution to allow the Directors, subject to the limits set out
    in that resolution, to issue New Ordinary Shares for cash on a non
    pre-emptive basis, including specific authorities to allot new Ordinary
    Shares under (1) the Conversion, (2) the exercise of the Warrants and (3)
    the issue of 21,007,337 new Ordinary Shares generally.
A copy of the Circular can be viewed at the Creon's website:


For further information please contact:

Creon Corporation Plc Jonathan Freeman +44 (0)20 7752 0215

Daniel Stewart & Company Plc Oliver Rigby +44 (0)207 776 6550

GTH Media Relations Toby Hall +44 (0)20 7153 8039

Christian Pickel +44 (0)20 7153 8036


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