Asterand Plc (ATD)

Asterand Plc (ATD)

AGM Reports

Asterand (ATD) AGM (and GM) Report 2012 – What do you do when nobody raises a hand?

Asterand held two general meetings today – their Annual General Meeting and an extraordinary General Meeting immediately after to approve the sale of part of the business and delisting from the main LSE market. Asterand is a fully listed UK company which operates in the human tissue field. In June 2011 it had a market cap of £15m but now it’s £0.6m, and there appears to be a substantial risk that it will go into administration. To buy a US company called ...