(NGG) NextGen Group
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| Thu 09:44 | RNS |
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RNS Number : 6746W NextGen Group PLC 02 February 2012 NextGen Group plc ("NextGen" or the "Group")
Convertible Loan Agreement of €800,000
In order to continue to fund the continued working capital requirements of the Group, NextGen has entered into a convertible loan agreement for the provision of additional funding of €800,000. This additional funding is in line with the Directors' expectations, as announced on 4 November 2011, that further funding was likely to be required in early Q1 2012.
The convertible loan agreement is with Alpha 4 Concepts GmbH and the terms of the loan, which is for a period ending on 31 November 2012, include a coupon of 12% pa and the loan is repayable on 7 days' notice.
The loan (plus interest) shall be convertible, at the lender's option no later than two business days following the end of the loan period, into ordinary shares in the Company at a price of 0.1p per share plus one warrant for every share issued, with the warrants being exercisable for 3 years from the date of grant.
The lender has requested that nanotecquity AG receive a monitoring fee, payable by the Company, of a total of €80,000 for the period of the loan, such sum to be payable at the lender's option in cash or shares.
For further details please contact:
Klaus Rosenau, Chairman +49 160 5516756 NextGen Group
Jonathan Wright/Nicola Marrin 020 7107 8000 Seymour Pierce Limited This information is provided by RNS The company news service from the London Stock Exchange More |
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| 18-01-12 | RNS |
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RNS Number : 7183V NextGen Group PLC 18 January 2012
NextGen Sciences launches its 82 protein cerebrospinal fluid (CSF) CNS disease biomarker assay
London, UK and Ann Arbor, Michigan, US, 18 January 2012 - NextGen Group plc (AIM:NGG) is pleased to announce that its US-subsidiary NextGen Sciences Inc, a leader in biomarker discovery, measurement and qualification, has launched an expanded cerebrospinal fluid (CSF) multiple protein (multiplex) assay, csfdiscovery82, for central nervous system (CNS) biomarker discovery and qualification. The new assay simultaneously measures 82 human CSF proteins that are thought to have potential as biomarkers in CNS diseases, particularly Alzheimer's, Parkinson's, multiple sclerosis and ALS diseases. The launch of csfdiscovery82 demonstrates the acceleration in NextGen Sciences strategy of becoming a leading player in the growing CNS biomarker market.
NextGen's assay is based upon its multiple reaction monitoring (MRM) mass spectrometry platform and generates high precision data (<10% average CV) that clients can use in their drug and diagnostic development programmes. NextGen is now turning its assay development focus onto specific CNS disease/injury areas such as Parkinson's, multiple sclerosis and traumatic brain injury (TBI) as it begins to develop its diagnostics business model. The company intends to build a multi-parallel project portfolio that can exploit its de novo discovery and targeted assay development capabilities.
Klaus Rosenau, Chairman and CEO of NextGen Group, commented, 'The release of csfdiscovery82 demonstrates that we have once again delivered on our plans to develop multiplex protein assays that will help to establish the company as a market leader in biomarker discovery and qualification using its MRM technology. Further, it builds upon the desire to develop our reputation within the CNS disease/injury market and advances our progress towards implementing our diagnostics business strategy.' Rosenau also said, 'Importantly, we have become stronger in our aims to target increasing market share from the $600M mass spectrometry based biomarker discovery market. We believe this assay and others currently in development will significantly impact the needs of pharmaceutical, biotechnology and diagnostics companies in identifying effective disease progression, stratification and diagnostic biomarkers as we move towards a more personalized medicine era.'
- ENDS -
For more information please contact :
NextGen Group Klaus Rosenau, Chairman and CEO klaus.rosenau@nextgensciences.com +49 160 551 6756
Seymour Pierce Jonathan Wright, Nicola Marrin +44 (0) 20 7107 8000
Notes to Editors
NextGen Sciences Inc (Ann Arbor, MI, USA) is the subsidiary of NextGen Group PLC, London, UK (AIM: NGG). It provides pharmaceutical, biotechnology and diagnostic companies with rapid and quantitative protein biomarker discovery, measurement and qualification services using mass spectrometry technology. With a rise in the industry focus on personalized medicine and cost-effectiveness, biomarkers are playing an increasing important role in drug discovery, development and patient access, as well as healthcare delivery. The global market for biomarkers is expected to grow to $12.8bn by 2012 (BCC Research), with those for neurological disorders ($3.5bn by 2015, Espicom Healthcare) and oncology ($9.5bn by 2014, www.marketsandmarkets.com) playing an important role. NextGen Sciences' products include discovery assays, oncology assays, CNS assays and cardiovascular assays for biomarker discovery and qualification. For more information please visit www.nextgensciences.com.
This information is provided by RNS The company news service from the London Stock Exchange More |
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| 14-12-11 | RNS |
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RNS Number : 9410T NextGen Group PLC 14 December 2011 NextGen Group plc ("NextGen" or the "Company")
Holding in Company
NextGen was notified on 2 December 2011 that, on 24 November 2011, AAA Artemis Asset Allocation AG acquired warrants to acquire a total of 4,697,410,000 ordinary shares in the Company [from Family Trust Select - FIS - Teilfonds Zeus]. These warrants, which are not admitted to trading on AIM, are exercisable at a price of 0.1 pence per share and for a period of 3 years from the dates of their original grant. Accordingly, the first tranche of 500,000,000 warrants will expire on 15 July 2012, the second tranche of 750,000,000 warrants will expire on 31 August 2012, the third tranche of 1,000,000,000 warrants on 12 November 2012, the fourth tranche of 830,000,000 warrants will expire on 29 June 2013, the next tranche of 690,000,000 warrants will expire on 30 June 2013 and the final tranche of 927,410,000 warrants will expire on 19 January 2014.
For further details please contact:
Klaus Rosenau, Chairman +49 160 5516756 NextGen Group
Freddy Crossley/Nicola Marrin 020 7107 8000 Seymour Pierce Limited This information is provided by RNS The company news service from the London Stock Exchange More |
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| 06-12-11 | RNS |
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RNS Number : 4299T NextGen Group PLC 06 December 2011
NextGen Sciences Appoints Steve Zolnay as Vice President of Business Development for North America
Ann Arbor, Michigan, US, and London, UK, 6 December 2011 - NextGen Group plc (AIM:NGG) is pleased to announce that its US-subsidiary NextGen Sciences Inc, a leader in biomarker discovery, measurement and qualification, has appointed Steve Zolnay as Vice President of Business Development for North America. Zolnay, a graduate from Dartmouth College with a degree in Biology, started his professional career at the Dana Farber Cancer Institute in Boston Massachusetts where he investigated the over expression of the Her2/Neu oncogene and its roles in Breast Cancer. In 1990, he moved over to the business side of science. He has successfully held various sales and business development positions interacting with Pharmaceutical, Biotech and Academic Institutions. Key positions that Zolnay has held include: Director of Sales North America for The Automation Partnership Cell Culture Automation Division, Vice President Business Development for Nanostream and Worldwide Director of Sales for Blue Sky Biotech. He is also President of Protein Attachment Technologies, an early stage Biotech company focusing on membrane associated cancer targets. Klaus Rosenau, Chairman and CEO of NextGen Group, commented: "Steve brings a rich scientific background, a deep understanding of the application of technologies and services to pharma, biotech and diagnostic product development. Steve also brings many strong personal connections to leaders within the industry and will be instrumental in generating value for our customers and shareholders in the growing biomarker market". NextGen has continuously expanded its product offerings by introducing a series of technically validated human multiplex plasma assays for oncology and CSF assays for CNS diseases. NextGen's assays are based upon its multiple reaction monitoring (MRM) mass spectrometry platform that generate highly data with high specificity and precision which clients can utilize in their drug and diagnostic development programmes. The MRM platform can be used to assay proteins and modified proteins for which there are no antibodies and can thus circumvent the limitations of current antibody based technologies. NextGen expects to develop further oncology and CNS disease-focused assay panels, both as proprietary products and with other companies, through partnerships and collaborations.
- ENDS -
For more information please contact : NextGen Group Klaus Rosenau, Chairman and CEO klaus.rosenau@nextgensciences.com +49 160 551 6756 Seymour Pierce Jonathan Wright, Nicola Marrin +44 (0) 20 7107 8000
Notes to Editors NextGen Sciences Inc (Ann Arbor, MI, USA) is the subsidiary of NextGen Group PLC, London, UK (AIM: NGG). It provides pharmaceutical, biotechnology and diagnostic companies with rapid and quantitative protein biomarker discovery, measurement and qualification services using mass spectrometry technology. With a rise in the industry focus on personalised medicine and cost-effectiveness, biomarkers are playing an increasing important role in drug discovery, development and patient access, as well as healthcare delivery. The global market for biomarkers is expected to grow to $12.8bn by 2012 (BCC Research), with those for neurological disorders ($3.5bn by 2015, Espicom Healthcare) and oncology ($9.5bn by 2014, www.marketsandmarkets.com) playing an important role. NextGen Sciences' products include Discovery Assays, CNS Assays, Oncology Assays and Custom Assays . For more information visit www.nextgensciences.com This information is provided by RNS The company news service from the London Stock Exchange More |
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| 27-12-11 | ||||
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NGG in the top 100 best performers?
Top 100 performers - 2011 HOW MANY OF YOUR STOCKS ARE ON THIS LIST? Some of my favourites are there,NGG and including No. 28 VALiRx, which completely took me by surprise! http://uk.finance.yahoo.com/news/aim-stocks-once-again-dominate-102943327.html -------------- The Mail.. ....Some interesting and relevant articles from the Mail On Sunday re- The economy, shares, interest rates...what next for 2012? --------------- Markets/Eurozone Crisis http://www.dailymail.co.uk/money/markets/article-2078156/AIM-market-hit-eurozone-crisis-investors-prefer-play-safe.html ---------------- Credit Crunch-warning http://www.dailymail.co.uk/money/news/article-2078467/Credit-crunch-How-protect-money-experts-warn-real-possibility.html ---------------- The Next Recession http://www.dailymail.co.uk/money/news/article-1616085/Economy-watch-Is-Britain-heading-recession.html ---------------- Interest Rates-predictions http://www.dailymail.co.uk/money/news/article-1607881/Interest-rates-News-predictions.html ---------------- where next for shares in 2012 http://www.dailymail.co.uk/money/investing/article-1619305/Stock-market-predictions-What |
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| 19-10-11 | ||||
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Big percentage rise just now for this stock on good volume
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| 02-09-11 | ||||
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Are we expecting news?
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| 12-08-11 | ||||
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Can't rely on iii post for trades.
Frequently trades on Plus don't figure in iii's listings. I bought FML 2 days ago - no mention on iii OW |
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They have not been approved or issued by Interactive Investor Trading Limited.
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