SalvaRx Group plc Update re proposed disposal and demerger
August 28 2018 - 12:40PM
UK Regulatory (RNS & others)
TIDMSALV
RNS Number : 0548Z
SalvaRx Group plc
28 August 2018
SalvaRx Group plc
("SalvaRx" or the "Company")
Update re proposed disposal and demerger
Further to the announcement of 14 August 2018 relating to the
proposed disposal of the Company's 94.2 per cent. interest in its
subsidiary SalvaRx Limited to Portage Biotech Inc. ("Portage"), the
Company has been informed that the Portage shareholder circular has
now been submitted to the Canadian Securities Exchange ("CSE") for
review. Following completion of the CSE review, both Portage and
the Company will publish their respective shareholder circulars and
a further announcement will be made by the Company.
Enquiries
SalvaRx Group plc
Ian B. Walters, MD (Chief Executive) Tel: +1 203 441 5451
Northland Capital Partners Limited Tel: +44 (0) 20 3861
Nominated Adviser and Broker 6625
Matthew Johnson / Edward Hutton (Corporate
Finance)
Vadim Alexandre (Corporate Broking)
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END
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