Proteome Sciences. AGM Statement.

PRM expected settlement of the warranty claim against Sanofi before year end.

Sanofi selling confirms that claim MUST have been settled (otherwise illegal?).

Sanofi selling is logically to fund their resulting associated expenses (mainly, I understand, but not all, covered by insurance).

We can expect PRM to make an announcement of settlement (between £10m - £20m?) quickly. Probably today?

Implication – any markdown in price (prior to that announcement) will present an excellent buying opportunity.

All IMO/DYOR,

Regards to all LTH's,

Peter.