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LONDON - Science in Sport plc (AIM:SIS), known for providing premium performance nutrition to athletes and fitness enthusiasts, has indicated that its Annual General Meeting (AGM) scheduled for June 30, 2025, is expected to be cancelled due to a proposed cash acquisition by Einstein Bidco Limited. The meeting was initially set to take place at 11 York Street, Manchester.
The company, which operates the PhD Nutrition and SiS brands, has stated that in compliance with its public company obligations, it will still issue the formal Notice of AGM to its shareholders. However, this action is considered a statutory formality, as the takeover by Einstein Bidco is likely to conclude before the AGM, rendering the meeting unnecessary and the current shareholders no longer in possession of their shares.
Science in Sport has announced that the materials related to the AGM will be sent to shareholders who have requested physical copies and will also be available on the company’s website. The company’s executive chairman, Daniel Wright, and CFO, Christopher Welsh, have been listed as contacts for further information.
Science in Sport, headquartered in London, has established itself in the sports nutrition industry with its two brands, PhD Nutrition and SiS. These brands offer a range of products sold through various channels, including the company’s digital platforms, third-party online sites like Amazon (NASDAQ:AMZN) and eBay (NASDAQ:EBAY), and retail outlets across the UK and internationally.
PhD Nutrition is recognized for its high-quality active nutrition products, while SiS is renowned among elite athletes and professional sports teams for its endurance nutrition offerings. SiS notably supplies numerous professional football clubs and is partnered with high-profile organizations such as the Ineos Grenadiers cycling team and football clubs including Tottenham Hotspur, New York City, and CGC Nice.
This article is based on a press release statement from Science in Sport plc.
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