Valbiotis – Combined Annual Shareholders General Meeting held on May 2, 2023
May 03 2023 - 1:30AM
Business Wire
Regulatory News:
Valbiotis (FR0013254851 – ALVAL, PEA / SME eligible), a
commercially oriented Research and Development company, committed
to scientific innovation for preventing and combating metabolic and
cardiovascular diseases, announces its Combined Annual Shareholders
Meeting was held on May 2, 2023 at Espace Encan, La Rochelle, under
the chairmanship of Sébastien PELTIER, Chairman of the Board of
Directors.
All resolutions were adopted by a very large majority of
shareholders, with the exception of resolutions 10 to 13 and 16 to
19 presented on an extraordinary basis. Shareholders voted in
particular to renew the terms of office of two of the members of
the Supervisory Board and extend the terms of office of all members
of the Board of Directors and the Supervisory Board from three to
four years.
Sébastien PELTIER, co-founder, Chairman of the Board of
Directors at Valbiotis, comments: “On behalf of the Board of
Directors of Valbiotis, I would like to express our gratitude to
our shareholders for the trust they have shown us during this
General Meeting by adopting almost all the resolutions. This
demonstrates their commitment to our business plan and our
strategic vision for the future. With the renewed support of our
shareholders, we are ready to meet the challenges ahead of us and
continue our development in a promising market environment and
looking forward to communicating on the next key steps, including
the results of the Phase II/III Reverse-It study on TOTUM•63,
expected before the end of the first semester 20231. We are
perfectly in line with the announced schedule and prepared to
advance alongside our shareholders to make Valbiotis a leading
company in the field of healthcare.”
All information related to this Shareholders’ Meeting is
available at: https://www.valbiotis.com/en/general-assemblies/.
About Valbiotis
Valbiotis is a commercially oriented Research & Development
company, committed to scientific innovation for preventing and
combating metabolic and cardiovascular diseases in response to
unmet medical needs. Valbiotis has adopted an innovative approach,
aiming to revolutionize healthcare by developing a new class of
health nutrition products designed to reduce the risk of major
metabolic diseases, relying on a multi-target strategy enabled by
the use of plant-based terrestrial and marine resources.
Internationally, its products are intended to be the subject of
licensing and/or distribution agreements with global or regional
health and nutrition players. In France, Valbiotis will be
responsible for marketing its own products. Created at the
beginning of 2014 in La Rochelle, the Company has forged numerous
partnerships with leading academic centers. The Company has
established three sites in France – Périgny, La Rochelle (17) and
Riom (63) – and a subsidiary in Quebec City (Canada). Valbiotis is
a member of the "BPI Excellence" network and has been recognized as
an "Innovative Company" by the BPI label. Valbiotis has received
major financial support from the European Union for its research
programs via the European Regional Development Fund (ERDF).
Valbiotis is a PEA-SME eligible company. For more information about
Valbiotis, please visit: www.valbiotis.com
Name: Valbiotis ISIN code: FR0013254851 Ticker symbol: ALVAL
EnterNext© PEA-PME 150
This press release contains forward-looking statements about
Valbiotis’ objectives. Valbiotis considers that these projections
are based on rational hypotheses and the information available to
Valbiotis at the present time. However, in no way does this
constitute a guarantee of future performance, and these projections
may be affected by changes in economic conditions and financial
markets, as well as certain risks and uncertainties, including
those described in the Valbiotis Universal Registration Document
filed to the French Financial Markets Regulator (AMF) on April 26,
2023, this document is available on the Company's website
(www.valbiotis.com).This press release and the information it
contains do not constitute an offer to sell or subscribe, or a
solicitation to purchase or subscribe to Valbiotis’ shares or
financial securities in any country.
1Press release of March 13, 2023:
https://www.valbiotis.com/wp-content/uploads/2023/03/2023-03-13-PR_VALBIOTIS_TOTUM63_LPLV-site.pdf
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version on businesswire.com: https://www.businesswire.com/news/home/20230502005945/en/
Corporate communication / Valbiotis Carole ROCHER Communication
and Public Affairs Director + 33 6 77 82 56 88
Marc DELAUNAY Communication Manager media@valbiotis.com
Financial communication / Seitosei Actifin Stéphane RUIZ
Associate Director +33 1 56 88 11 14 sruiz@actifin.fr
Valbiotis (EU:ALVAL)
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