Statement re Speculation

RNS Number : 3806E

Proxama PLC

08 February 2018

 

8 February 2018

Proxama PLC

("Proxama" or the "Company")

Re speculation

The Board of Proxama PLC (the "Company") notes recent speculation and wishes to confirm that John Kennedy resigned as a director of the Company and all of its subsidiaries with effect from 30 October 2017. The Company has become aware that John Kennedy's resignation as a director of the Company and all of its subsidiaries had not been registered correctly with Companies House. The Company announces that it is working with its company secretary and that this should be rectified shortly.

The Board also wishes to confirm that the company name Locations Sciences Group Limited was registered at Companies House on 23 November 2017 in order to secure the proposed new name for the Company ahead of the previously announced proposal to change the Company's name to Locations Sciences Group PLC at the forthcoming annual general meeting. An administrative error meant that John Kennedy was referenced as having been appointed as a director of Locations Sciences Group Limited.  The Company has also been advised that this should be rectified shortly.

Enquiries:
Proxama PLC	Via Redleaf Communications
Mark Slade, Chief Executive Officer
Stockdale Securities Limited	Tel: [phone]
Tom Griffiths
Ed Thomas
Redleaf Communications
Charlie Geller	Tel: [phone]
Fiona Norman

 

END

 

 

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