Resolutions from the Extraordinary General Meeting of ViroGates A/S

COMPANY ANNOUNCEMENT - No. 19-2023 - 24 November 2023

BIRKERØD, DENMARK – ViroGates A/S, a medical technology company developing blood tests for better triaging in hospitals to improve patient care and reduce healthcare costs, today held an extraordinary general meeting at the company headquarters at Banevænget 13, 3460 Birkerød, Denmark.

Reference is made to company announcement no. 18-2023 of 9 November 2023, setting out the agenda and complete proposals.

The following resolutions were passed:

1. Attorney-at-law Lars Lüthjohan was elected chairman of the general meeting.
2. The proposal for a new article 2.4 was approved.

The approval of the new article 2.4 provides the Board of Directors with an authorization to increase the Company’s share capital through issuance of new shares with up to nominal DKK 3,350,507 with pre-emptive rights for existing shareholders. The authorization corresponds to the Maximum Offer of the recently announced rights offering, cf. company announcement no. 17-2023 of 9 November 2023.

ViroGates has launched a webpage dedicated to the rights offering, where additional information can be found, including an investment brochure and a timeline of the process. The information can be found here: https://www.virogates.com/rights-issue-2023/.

The company announcements can be found at ViroGates’ website.   

For further information, please contact:

ViroGates A/S:

CEO, Jakob Knudsen

Tel. (+45) 2226 1355, email: jk@virogates.com

Certified Advisor:

Västra Hamnen Corporate Finance

Per Lönn

Tel. (+46) 40 200 250, email: per.lonn@vhcorp.se

About ViroGates

ViroGates A/S is an international medical technology company developing and marketing blood test products under the suPARnostic® brand for better triaging in hospitals to improve patient care, reduce healthcare costs and empower clinical staff.

The company was founded in 2000. Headquartered in Denmark, ViroGates’ sales force covers Spain, France, and Benelux, while distributors serve other markets. ViroGates’ shares (VIRO) are listed on Nasdaq First North Growth Market Denmark. For more information, please visit www.virogates.com.

About suPAR and suPARnostic®

suPAR is the biomarker detected by ViroGates’ suPARnostic® products and is a protein in plasma, measurable in every human being. suPAR is considered a general risk status biomarker indicating disease presence, disease severity and progression, organ damage and mortality risk across disease areas such as cardiovascular diseases, kidney diseases, type 2 diabetes, cancer, etc. Strong scientific evidence from more than 850 clinical trials and studies show that the higher the level of suPAR, the worse the prognosis for the patient.

The suPARnostic® products can be used to support healthcare professionals in making clinical decisions on hospitalization or discharge of acute care patients. The increasing demands on health systems globally and tightening healthcare budgets necessitate efficiency improvements and innovative solutions in hospitals. The use of suPAR in clinical routine in emergency departments can improve patient care and reduce healthcare costs by increasing the number of discharges by up to 34% and reducing the average hospital length-of-stay by up to 6% without affecting mortality. suPARnostic® TurbiLatex is currently available on Roche Diagnostics’ cobas® instruments, Siemens Healthineers ADVIA® XPT and Atellica® instruments, the Abbott Labs Architect™ and Alinity™ instruments and the Beckmann Coulter AU 5800 instrument. ViroGates works with partners to develop solutions for other platforms. ViroGates has recently launched its Point of Care suPARnostic® POC+ product, a platform that uses only a few drops of finger-prick blood instead of plasma for full quantitative suPAR results in less than 20 minutes.