Result of extraordinary general meeting
14 Jul 2005
Result of extraordinary general meeting
Nottingham, UK, 14 July 2005 - ML Laboratories PLC announces that, at the extraordinary general meeting of the Company held today, all of the resolutions were duly passed by shareholders.
Completion of the Quadrant Acquisition, the Innovata Acquisition, the Vendor Placing and the Placing and Open Offer (together the "Proposals") is expected to take place later today, conditional only on Admission of the New Ordinary Shares to be allotted pursuant to the Proposals becoming effective.
Application has been made for the New Ordinary Shares to be admitted to the Official List and to trading on the London Stock Exchange's market for listed securities. It is expected that Admission will become effective and dealings will commence at 08.00am tomorrow, 15 July 2005.
With effect from Admission, the Company’s name will be changed to Innovata plc and its trading symbol will be changed to IOV.
The prospectus published by ML Laboratories plc is available for inspection at the Document Viewing Facility of the UK Listing Authority.
Terms defined in the announcement of the Company made on 16 June 2005 bear the same meaning when used in this announcement.
Contacts:
ML Laboratories plc
Tel: 0115 974 474
Kieran Murphy, Chief Executive
Peter Shennan, Finance Director
Code Securities Limited
Tel: 020 7776 1200
Juliet Thompson
Richard Potts
Financial Dynamics
Tel: 020 7269 7148
Sarah MacLeod
