Proteome Sciences announces that its Annual Report for the year to 31 December 2019 has been posted to shareholders and is now available on the Company's website. Annual Report and Accounts 2019
Due to the ongoing social distancing measures, the Board has determined to convene the Annual General Meeting later this quarter as soon as it is possible to provide a safe environment for all wishing to attend. Formal notice of the Annual General Meeting will therefore be posted to shareholders at a later date.
On 3 July 2018, the Company entered into a £1 million loan facility with Vulpes Investment Management Private Limited (“VIM”) (the “Loan”), which was incorrectly announced on 3 July 2018 as being a loan facility with Vulpes Life Sciences Fund. The Vulpes Life Sciences Fund is managed by VIM.
The Directors of Proteome Sciences are now pleased to announce that the Loan has been amended such that the Loan (of which £700,000 is currently drawn) and all accrued interest is now repayable on 1 May 2021 (previously 31 December 2019).