Rex Bionics PLC - Completion of Business Transfer & Refinancing
Completion of Business Transfer and Refinancing
As previously announced, the Company will now become an AIM Rule 15 cash shell. Stifel, the Company's nominated adviser, will resign effective the close of business today, resulting in the Company's shares being suspended from trading from 7-30am on
This announcement contains inside information. The person responsible for arranging for the
release of this announcement on behalf of the Company is
A copy of this announcement has been posted on the Company's website at www.rexbionics.com.
For further information please contact:
+44 (0) 7483 167851
+44 (0) 20 7710 7600
+44 (0) 203 709 5700
We are working with physiotherapists to develop the concept and practice of Robot-Assisted Physiotherapy (RAP); and also offer REX P, for use in the home, enabling customers to walk and stand with their hands free - providing more work and recreation options.
Wheelchair users are at risk of developing numerous medical complications from extended periods of sitting. By enabling them to spend more time standing, walking and exercising, REX may offer significant health benefits, including improved sleep and maintenance of joint range, and a reduction in spasm, pain, common abdominal problems and prescription drug use.
Our commitment to engineering excellence is complemented by a commitment to clinical science and the RAPPER II clinical trial results show high levels of practicality, safety and user enthusiasm.
Our vision is that every day, around the world, thousands of people get relief with REX, from the harm - the pain, discomfort and inconvenience - of neurological accidents and illnesses; and that many will be cured.
REX is not registered for At-Home use in
Enquiries to ([email protected])
This information is provided by RNS
Quick facts: Rex Bionics PLC
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