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Results of Annual General Meeting ADELAIDE, Australia, and

Key Takeaway: Bionomics Limited announced the results of its Annual General Meeting held on November 30, 2023, in Adelaide, Australia. The meeting confirmed the re-election of Mr. Aaron Weaver and Dr. Jane Ryan as directors, with both receiving over 99% support from shareholders. Notably, one resolution regarding the re-election of Dr. Errol De Souza was withdrawn. The company continues to focus on developing its lead drug candidate and other CNS treatment options.

Market Sentiment Analysis

POSITIVE FACTORS

  • Successful re-election of directors shows strong board support.
  • High percentage of votes in favor indicates shareholder confidence.
  • Commitment to developing treatments for serious CNS disorders remains strong.

Full Press Release Details

Results of Annual General Meeting
ADELAIDE, Australia, and CAMBRIDGE, Mass., November 30, 2023 - Bionomics Limited (Nasdaq: BNOX) ( Bionomics or Company ), a clinical-stage biotechnology company developing novel, first-in-class, allosteric ion channel modulators to treat patients suffering from serious central nervous system ( CNS ) disorders with high unmet medical need, advises the results of the Annual General Meeting held this day at 9.30 am ACDT. The attached Voting Results provides details of the proxies received and summary of votes cast for each resolution.
FOR FURTHER INFORMATION PLEASE CONTACT:
About Bionomics Limited
Bionomics (NASDAQ:BNOX) is a clinical-stage biotechnology company developing novel, first-in-class, allosteric ion channel modulators to treat patients suffering from serious central nervous system ( CNS ) disorders with high unmet medical need. Bionomics is advancing its lead drug candidate, BNC210, an oral, proprietary, selective negative allosteric modulator of the 7 nicotinic acetylcholine receptor, for the acute treatment of Social Anxiety Disorder (SAD) and chronic treatment of Post-Traumatic Stress Disorder (PTSD). Beyond BNC210, Bionomics has a strategic partnership with MSD (known as Merck & Co., Inc., Rahway NJ, USA in the US and Canada) with two drugs in early-stage clinical trials for the treatment of cognitive deficits in Alzheimer's disease and other central nervous system conditions. Bionomics' pipeline also includes preclinical assets that target Kv3.1/3.2 and Nav1.7/1.8 ion channels being developed for CNS conditions of high unmet need.
Annual General Meeting
Thursday, 30 November 2023
Resolution Details Show of Hands or Poll Instructions given to validly appointed proxies (as at proxy close) Number of votes cast on the poll (where applicable) Res. Results
Resolution Resolution Type If s250U applies S or P For Against Proxy's Discretion Abstain/ Exclude For Against Abstain Carried/Not Carried
1. Re-election of Mr Aaron Weaver as a Director of the Company Ordinary N/A P 323,121,897 99.58% 726,367 0.22% 648,426 0.20% 846,530 - 323,778,055 99.78% 726,367 0.22% 846,530 - Carried
2. Re-election of Dr Jane Ryan as a Director of the Company Ordinary N/A P 323,486,041 99.58% 721,693 0.22% 1 648,426 0.20% 487,060 - 324,142,199 99.78% 721,693 0.22% 487,060 - Carried
3. Re-election of Dr Errol De Souza as a Director of the Company Ordinary N/A P RESOLUTION WITHDRAWN RESOLUTION WITHDRAWN -
*Votes cast by a person who abstains on an item are not counted in calculating the required majority on a poll.

Frequently Asked Questions

What was announced on November 30, 2023?

Bionomics Limited revealed the results of its Annual General Meeting.

Who were re-elected as Directors during the meeting?

Mr. Aaron Weaver and Dr. Jane Ryan were re-elected as Directors.

Was there any resolution withdrawn in the meeting?

Yes, the re-election of Dr. Errol De Souza was withdrawn.

What is Bionomics developing?

Bionomics develops allosteric ion channel modulators for CNS disorders.

What is BNC210 used for?

BNC210 is for treating Social Anxiety Disorder and Post-Traumatic Stress Disorder.

Last updated: Nov 30, 2023