P527 Teletext 527 Oct23 21:01:11   NEWS  FILE ———————————  ———————————————————————— DRUGS FIRM CALLS TIME ON £22m WARRANTS Drugs development company Vanguard Medica Group has effectively given up hope of a £22m cash infusion from the exercise of a warrant issue. Vanguard said it does not intend to extend the period of the warrants beyond the deadline of December 11. The warrants were issued last year at an exercise price of 500p a share, but since then Vanguard's share price has fallen sharply. ——————————————————————————————————————— Financial headlines 500 City index 501 Download and Analyse Share Prices on Your PC See p533-537 Next Shares City Family Finance