NeoMedigen’s Announces Proposed Name Change; Board Agrees to Nominate New Director

NeoMedigen’s Announces Proposed Name Change; Board Agrees to Nominate New Director

ID: 287504

(firmenpresse) - NeoMedigen’s Announces Proposed Name Change; Board Agrees to Nominate New Director

Hamilton, Bermuda August 14, 2013 –NeoMedigen Limited, a public company traded on the Berlin Exchange under Ticker Symbol 6NM, announced today that its Board of Directors approved a Special General Meeting of the Shareholders wherein a vote would be taken to change the name of the Company to RezGen5 Limited.

NeoMedigen founder Stuart Garrett commented, “ We feel that rebranding the Company will serve to better identify our Company to consumers as our products come to market.”

Existing shareholders of Neomedigen should be aware that the name change requires a change of the Company’s International Securities Identification Number or ISIN. Therefore all existing shareholders should ascertain with the respective banks or brokers that hold their securities that their share positions have been correctly settled and that proper delivery of the security has been received in their accounts.

In a separate resolution, the Board of Directors agreed to nominate Walker grant to the Board of Directors, subject to shareholder approval. Mr. grant is an Alabama based entrepreneur and investor in Neomedigen. Mr. Grant commented, “ If elected by the shareholders, look forward to helping the Company accelerate its research and Development agenda.”


About Neomedigen Limited

NeoMedigen Limited is a Bermuda based biopharmaceutical company focused on discovering and developing proprietary, orally available, small molecule drugs with the potential to treat diseases associated with ageing, including metabolic diseases such as Type 2 Diabetes, Alzheimer’s and cardiovascular diseases. NeoMedigen is committed to improving the quality of human life by enabling people to do more, feel better and live longer. The company's headquarters are in Devonshire, Bermuda. For company information including a copy of this announcement and details of the company’s updated product development pipeline, visit www.neomedigen.com .





Cautionary statement regarding forward-looking statements

The company cautions investors that any forward-looking statements or projections made by the company, including those made in this Announcement, are subject to risks and uncertainties that may cause actual results to differ materially from those projected. Factors that may affect the Group's operations are described under 'Risk factors' in the 'Business Review' in the company's website.

This press release is neither an offer to purchase nor a solicitation of an offer to sell shares of NeoMedigen Linited

Investors and security holders are urged to read each of these documents carefully when they are available.

In addition, investors and security holders will be able to obtain free copies of these documents by contacting the Investor Relations departments of NeoMedigen Limited.

Contact: info(at)neomedigen.com

Unternehmensinformation / Kurzprofil:
Leseranfragen:

NeoMedigen Limited
35 Crow Lane East Broadway
Devonshire HM19
Bermuda

Telefon: +1-205-478-1110
Fax: +1-205-478-1110
E-Mail: pwhite(at)neomedigen.com



Bereitgestellt von Benutzer: irw
Datum: 14.08.2013 - 08:56 Uhr
Sprache: Deutsch
News-ID 287504
Anzahl Zeichen: 3147

contact information:
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Wien



Kategorie:

Business News



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