The shareholder action group, whose nine members own more than...

The shareholder action group, whose nine members own more than 5% of the Company?s issued capital in their various entities, have requisitioned CBio to call a general meeting to consider the removal of three directors from the Board (the Executive Chairman Mr Stephen Jones, Mr James Greig and Professor John Funder) and the appointment of three new directors (Helen Cameron, Dr Ralph Craven and Warren Brown).
The appointment to the CBio Board of experienced, highly capable and well-credentialed company directors Helen Cameron BSc MBA MAICD, Ralph Craven BE PhD FAICD and Warren Brown MBA MIEA (who have been long-standing shareholders) will assist in restoring the confidence of the market in and assure the future success of our Company.