NMT. 'Safer at the Sharp End'.

Taken from III.

This is a short extract from The Telegraph. Jaymac seems to have put up quite a show. Can't post the whole article as it is protected by copyright.

Kalms squeezes into chair of syringe maker NMT
By Harry Wallop (Filed: 15/09/2005)

Former Dixons chairman Lord Kalms of Edgware has become chairman of a small, failing Scottish syringe maker, NMT, after an ill-tempered extraordinary meeting.

Private shareholders angrily questioned the Volvere directors about their plans for NMT, with some accusing them of only being interested in the company's £6.5m cash pile.

Jim Macdonald, a private shareholder at the meeting held at Livingston football club, said: "I'm feeling disgusted today. It was a takeover by sleight of hand. They [Volvere] have 26pc of the shares and have taken control of this company by the backdoor. I think that is shameful."

Jonathan Lander, Volvere's chief executive and one of the new NMT directors, said: "The private shareholders there were a pretty negative bunch." He described Mr Macdonald as "ranting".

Mr Lander said he would write to shareholders "very soon" about his plans for the company saying: "We want to make money for shareholders." He added that he would also continue a dialogue with Zi Medical, a company chaired by pharmaceuticals entrepreneur Sir Chris Evans, which has expressed an interest in NMT.

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