Belluscura PLC Result of General Meeting
July 08 2024 - 6:45AM
RNS Regulatory News
RNS Number : 5382V
Belluscura PLC
08 July 2024
8 July 2024
Belluscura plc
("Belluscura", the
"Company"}
Result of General
Meeting
Belluscura plc (AIM: BELL), a
leading medical device developer focused on lightweight and
portable oxygen enrichment technology, announces that at the General Meeting held earlier today both
the resolutions put to the meeting were duly approved by
Shareholders:
|
Resolution
(*indicates special resolution)
|
Votes for
|
% of shares
voted
|
Votes
against
|
% of shares
voted
|
|
Resolution 1: To allot Shares
re. Loan Notes.
|
98,167,364
|
99.90%
|
101,411
|
0.10%
|
|
Resolution 2*: To disapply
Statutory
Pre-Emption Rights re. Loan Notes.
|
98,167,364
|
99.90%
|
101,411
|
0.10%
|
The Company is pleased to confirm
that, as announced on 2 July 2024, following Shareholder approval
for the Resolutions as they relate to the issue of the Loan Note
Placing, together with the recent Share Subscriptions for new
ordinary shares, the Company has raised total gross proceeds of
approximately £1.92 million.
In accordance with the terms of the
Loan Note Placing Agreement, following passing of the Resolutions,
the Placing Loan Notes will be issued on 9 July 2024.
The net proceeds of the Loan Note
Placing and Share Subscriptions will be used for working capital
purposes to support the growth in both the X-PLOR® and
DISCOV-RTM portable oxygen concentrator devices sales,
as set out in the Announcement and the Letter to Shareholders dated
2 July 2024.
Capitalised terms used in this announcement shall, unless
defined in this announcement or unless the context provides
otherwise, bear the same meaning ascribed to such terms in the
Announcement made by the Company at 14:30 on 2 July 2024 and the
letter to Shareholders dated 2 July 2024, which constituted a
supplement to the Circular dated 14 June 2024.
For
further information please contact:
|
Belluscura
plc
|
Tel: +44 (0)20 3128
8100
|
|
Adam Reynolds, Chairman
Robert Rauker, Chief Executive
Officer
Simon Neicheril, Chief Financial
Officer
|
|
|
|
|
|
SPARK Advisory
Partners Limited (Nomad)
|
Tel: +44 (0)20 3368
3550
|
|
Neil Baldwin / Jade Bayat
|
|
|
|
|
|
Dowgate
Capital Limited (Broker)
|
Tel: +44 (0)20 3903
7715
|
|
Russell Cook / Nicholas Chambers
|
|
|
|
|
|
MHP (Financial PR & Investor
Relations)
|
Tel: +44 (0)20 3128
8100
|
|
Katie Hunt / Matthew Taylor
|
belluscura@mhpgroup.com
|
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