Result of Meeting

RNS Number : 1085X

Concepta PLC

25 April 2019

 

25 April 2019

Concepta plc

Result of Meeting

At the general meeting of the Company held earlier today, all the resolutions were passed by shareholders. The 76,750,000 new ordinary shares of 2.5 pence per share ("Ordinary Shares") issued in the placing at 3 pence per share, as announced on 8 April 2019, are expected to be admitted to trading at 8.00 a.m. on 26 April 2019.

The Group will issue its 2018 Financial Year preliminary results announcement on 14^th May 2019.

Enquiries

Company: www.conceptaplc.com, Product: www.mylotus.com

Matthew Walls, Chairman

Tel: [phone]

SPARK Advisory Partners Limited (Nominated Adviser)

Neil Baldwin

Tel: [phone]

Novum Securities

Colin Rowbury

[phone]

About Concepta Plc:

Concepta Plc is an AIM-quoted pioneering UK healthcare company that has developed a proprietary product, myLotus®, targeted at the personalised mobile health market with a primary focus on hormone testing and increasing a woman's chances of naturally getting pregnant and to provide insight to unexplained infertility.

myLotus® is currently the only consumer product which allows both quantitative and qualitative home (self-test) test measurement of a woman's personal luteinizing hormone (LH) during ovulation and human chorionic gonadotropin (hCG) hormone level during pregnancy, facilitating higher conception

rates and early diagnosis of fertility issues. The proposition of myLotus® is to empower women to better understand their hormone levels and menstrual cycle and help women conceive naturally by identifying their window of fertility and optimal time for conception.

The Company has received CE-mark certification for myLotus® and has launched its first product in the UK. The Company is preparing plans to roll-out across the core EU countries in 2019.

myLotus® is expected to be beneficial to users who have been unable to conceive after 6 months of trying. This highly motivated target group of women won't typically be offered medical intervention until after 12 months of unsuccessfully trying to conceive, with IVF not usually offered until after two years of trying to conceive. Research indicates couples start to take positive action ahead of this time typically with little medical support to help them do so.

 

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