Current Price (HZD) 160.00p
Horizon Discovery Group plc is a revenue-generating life science company supplying research tools to organizations engaged in genomics research and the development of personalized medicines. The Group, which is Cambridge (UK) based, has a diverse and international customer base approaching 800 organizations, including major pharmaceutical, biotechnology and diagnostic companies as well as leading academic research centers totaling 353 unique customers in 2013. The Company supplies its products and services into multiple markets, which the Directors estimate to total in excess of £29 billion by 2015, including the translational genomics research market; the cell based assays market; the molecular diagnostics market; and the biopharmaceutical production market.
Horizon Discovery Group plc. is incorporated in England and its main country of operation is England
Details of the corporate governance code that the AIM company has decided to apply, and how the company complies with that code, are described in the AIM admission document
Applicability of the Takeover Code
The Takeover Code applies to the Company. Under the Takeover Code, if an acquisition of interests in shares were to increase the aggregate holding of the acquirer and its concert parties to interests in shares carrying 30 per cent. or more of the voting rights in the Company, the acquirer and, depending on circumstances, its concert parties would be required (except with the consent of the Panel on Takeovers and Mergers) to make a cash offer for the outstanding shares in the Company at a price not less than the highest price paid for interests in shares by the acquirer or its concert parties during the previous 12 months. This requirement would also be triggered by any acquisition of interests in shares by a person holding (together with its concert parties) shares carrying between 30 per cent. and 50 per cent. of the voting rights in the Company if the effect of such acquisition were to increase that person’s percentage of the total voting rights in the Company.
This information is being provided for AIM Rule 26 compliance
This site was last updated 29/09/2014