Member Info for Toyin

Aquae, there are two seminars organised involving Croda at in cosmetics, the second one was only added labout ten days ago, so its possible that more will be added before the launch.

Oleric, unless you have signed the NDA you will see no evidence of anything. Thats the reason you have NDA’s!

Regarding your pseudo experts jibe, I have taken my lead from Dr Damian Kelly Vice President Innovation & Technology Development Croda, Dr Surinder Chahal, Cosmetic Science / Customer Alliances Advisor to SkinBioTherapeutics (formerly VP Customer Alliances Technology Development at Croda) and Cecile Jonchier, R&D Biotech Manager and project lead for SkinBiotix at Sederma.

Bel, he has sold in the last few weeks, that is a fact, as he couldn’t achieve an average of 20p otherwise.

"Post period the Company sold 1,211,567 SBTX shares at an average price of 20p, generating gross proceeds of £257K.”

The man is not to be trusted.

bel, unfortunately i have nothing constructive to add, who knows what the devil will do! i see macquarie as haemorrhoids, just a pain in the **** that will only leave when they are good and ready.

RNS 25/1/24

In addition, warrants amounting to 30% of each tranche will be attached to each tranche of the convertible bonds. The warrants will have a strike price fixed at the Volume Weighted Average Price on the 5 trading days immediately preceding any tranche issuance. The warrants will expire three years after issuance. The number of warrants to be issued under the first tranche is 2,349,244 shares with an exercise price of £0.204321 per share.

So your start figure is 2,349,244, just deduct this and any future warrants and you will know exactly where you are up to.

Bazza, you cannot hide cash, it is against the law, it will be in the balance sheet somewhere but I doubt very much it will be highlighted. Regarding the other points, we will get an update in the interims.

I think anybody selling now unless they are a forced seller needs their head feeling, we have waited 1946 days for Croda, we only have 19 left!

Bazza, the interim results have to be released before the end of this month.

Opti update good news, thats debatable, but its not good news for sbtx, so I dont really care.

Https://www.cosmeticsdesign-europe.com/Article/2025/03/14/anti-aging-reimagined/

Central, you will get broker forecasts well before results, results are issued in December. I expect a forecast from Croda well before then.

Central, results are irrelevent, its all about Croda, always has been.

Oleric, the launch has nothing to do with sbtx its all down to Croda, so dont panic Croda have done this many times before.

Comment from 19/11 rns:

Based on management's baseline expectations for sales under the Croda agreement and new sources of revenue from recent acquisitions, Dermatonics and Bio-Tech Solutions, management expects to be cash flow positive from FY2025. Management therefore anticipates that no further raises for working capital will be required. Following the meetings with Croda, management can confirm that revenues will be received before year end.

Worst case baseline expectations for sales will put us cash flow positive this year, so it will not be a massive anticlimax.

Cyber, SBTX receive double digit percentage royalties on Croda sales as an ingredient. End user retail sales revenues has no bearing on our royalties. Eg, Croda sell £300m of ingredient we get £30m in royalties (assuming royalties are 10%). Your calculations are correct, just the way you got to them wasn't.

Hope this helps.

Stike my last post, bad math.

Dustbin, from my calcs, looks like he's also added 1,1m shares in the open market.

Net, from yesterdays results. "Net debt was £532.3m (31 Dec 23: £537.6m); resilient balance sheet 1.4x levered"

Bel, where does it say he has 950k warrants?

Bel, what do you mean "part exercising the warrants"?

Alma, the irony is antibacterial soaps, sprays etc are making us sick. What we need is more probiotic hand washes etc, enter Sbtx. When you use antibacterial products on your skin, it kills everything, good and bad, one of the worst inventions ever. I never use them.

Beat me too it Aquae!