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Director Declaration

28 Aug 2018 07:00

RNS Number : 8922Y
Advanced Oncotherapy PLC
28 August 2018
 

ADVANCED ONCOTHERAPY PLC

("Advanced Oncotherapy" or the "Company")

 

Confirmation of board appointments

 

Advanced Oncotherapy (AIM: AVO), the developer of next-generation proton therapy systems for cancer treatment, announces that, further to the Company's announcement of 2 July 2018, Dr. Peter Sjostrand, Mr. Gabriel Urwitz, Mr. Chunlin Han, Mrs. RenHua Zhang and Dr Yuelong Huang have been appointed as Non-Executive Directors, with immediate effect.

 

Information required by Rule 17 and Schedule Two paragraph (g) of the AIM Rules are disclosed below:

 

Peter Sjostrand - Non-Executive Director & Vice-Chairman

Peter Sigurd Ivar Sjostrand, aged 72, owns no shares in the Company. Mr Sjostrand has a long career as an independent Non-Executive Director for a number of public and private companies within the Healthcare, Industrial and Financial areas. He has been a director of the following companies during the previous five years:

 

Current directorships

Previous directorships in the last 5 years

Active Biotech AB

Acturum Life Sciences AB

Acturum Chemical Library AB

American Scandinavian Foundation

Acturum Development AB

Calmark Sweden AB

Acturum Real Estate AB

Prebona AB

Acturum Tox AB

Slutsteget nr 26 AB

Bostadsrattsforeningen Skatan nr 6

Bostadsrattsforeningen Vintergatan 1

Byggnads AB S:t Erik

Stiftelsen Oscar Hirschs Minne

Materulla AB

Peter Sjostrand AB

Ringens Varv AB

Ringens Varv i Marstrand AB

SAMF Sweden AB

 

Gabriel Urwitz - Non-Executive Director

Bo Gabriel Urwitz, aged 68, has an extensive background in industry and finance and has been involved with a large number of successful listed and private companies during his career. Gabriel co-founded Segulah Advisors AB in 1994 and was adjunct professor of financial economics at the Stockholm School of Economics from 1977 until 2002. Mr Urwitz is a Director of AB Segulah, which owns 3.84% of the Company. A consortium led by AB Segulah owns 8.03%. Mr Urwitz has been a director of the following companies during the previous five years:

 

Current directorships

Previous directorships in the last 5 years

Aktiebolaget Segulah

Almondy Aktibolag

Bostadsrattsforeningen Karlavagen AB

Almondy Group Holding AB

GridZupport Sweden AB

ANordiska VA Teknik Holding AB

Lokaltidningen Mitt I Stockholm AB

DOCU Nordic Group Holding AB

Longtide Limited

DOCU Nordic Holding AB

Mitt i Investment Holding AB

Dacke Industri Holding AB

Mitt i TopCo AB

Etraveli AB

Optolexia AB

eTRAVELi AB (publ)

Paideia Foundation

GRIDZupport AB*

PowerTender AB

HerMed Group Holding AB

Segulah Advisor AB

HerMed Holding AB

Segulah Citrata Holding AB

Joy Boy Aktiebolag

Segulah Crispum Holding AB

Joy Shop Aktiebolag

Segulah III Investment AB

LiRe AB

Segulah IV Investment AB

Mitt i Investment AB

Segulah Serrata Holding AB

Mitt i Investment Holding AB

Segulah V F&F AB

Mitt i TopCo AB

Segulah V Investment AB

PMC Hydraulics Group AB

Segulah Venture AB

Sandbacken Invest Group Holding AB

Semantix

Sandbacken Invest Holding AB

Semantix Holding AB

Segulah Kemetyl Finance AB

Semantix International AB

Segulah Norway Investment AB

Semantix International Group AB

Segulah PMC Finance AB

Spatial Transcriptomics Holding AB

Semantix Group Holding AB

Spatial Transcriptomics AB

Semantix Holding AB

Svangremmen AB

Semantix International AB

Swedish House of Finance

Semantix International Group AB

Trioxytech AB

Teknikmagasinet Nordic Group Holding AB

Zengun AB

Zengun Group Holding AB

Zengun Group Holding AB

Zengun Holding AB

Zengung Holding AB

 

Mr Urwitz is a deputy member of the board of GridZupport Sweden AB which began bankruptcy proceedings on 12 December 2017; on 27 May 2018 the assets and liabilities of GridZupport were acquired by Segulah Venture AB.

Mr Urwitz was a director of Gota Bank, resigning in August 1992. The holding company of Gota Bank, Gota AB, was declared bankrupt in September 1992.

 

Mr Urwitz was also a member of the board of Segulah Norway Investment AB when it entered into liquidation on 15 September 2017.

 

Mr. Chunlin Han - Non-Executive Director

Representing Liquid Harmony Ltd which owns 29.9% of the Company, Chunlin Han, aged 25, is a Director of Hangzhou Ruilin Ynovo Investment Partners Ltd. which wholly owns Liquid Harmony Limited. Mr Han is an executive Director of Liquid Harmony Ltd and serves as Head of Investment and Financing for Realcan Pharmaceuticals Co. Ltd. Mr Han has been a director of the following companies during the previous five years:

 

Current directorships

Previous directorships in the last 5 years

Hangzhou Hengkang Investment Partnership (limited partnership)

Ruiheng (Shanghai) Information Technology Co. Ltd.

Hangzhou Hengyi Investment Partnership (limited partnership)

Hangzhou Hengyue Investment Partnership (limited partnership)

Hangzhou Ronggu Investment Management Co. Ltd

Hangzhou Ruilin Ynovo Investment Partnership (Limited Partners)

Hangzhou Equilibrium Nine Investment Management Co. Ltd

Huacan Dental Medical Holdings Co Ltd

Jinlong Haiyue Investment Co Ltd

Jinlong Haiyue Medical Technology Co Ltd

Liquid Harmony Limitedtd

Qingdao HengXin Hospital Management Co. Ltd

Qingdao Lekang Jinyue Finance Leasing

Ruimai (Yantai) Medical Diagnosis Co. Ltd.

Rushan Henghua Pharmaceutical Co Ltd.

Rushan Huaxin Heng'an Finance Leasing Co Ltd

Shandong NuoZhou Medical Investment Co. Ltd

Shandong Realcan Medical Testing Co. Ltd.

Shandong Yuehui Medical Technology Co. Ltd

Shangdon Realcan Pharmaceutical Shanghai Co Ltd

Shanghai Fengyu Asset Management Co. Ltd.

Shanghai Henghua Health Consulting Co. Ltd

Shanghai Xiaoka Information Technology Co. Ltd

Shanghai Xinxin Ronghua Investment Co. Ltd

Shanghai Yourong Lincheng Pharmaceutical Industry Investment Co. Ltd.

Shenzhen Qianhai Ruifeng Commercial Factoring Co. Ltd

Shenzhen Qianhai Ruitong Supply Chain Management Co. Ltd

Tianji Health Medical Technology Co Ltd Shanghai Subsidiary

Weihai Hengjian Hospital Management Co Ltd

Zhejiang Equilibrium Nine Medical Equipment Co. Ltd

 

Mrs. RenHua Zhang - Non-Executive Director

Representing Liquid Harmony Ltd which owns 29.9% of the Company, RenHua Zhang, aged 52, owns no shares in the Company although is considered to be acting in concert with Liquid Harmony Ltd. Mrs Zhang is the co-Founder, CEO, and Vice Chairman of the board of Realcan Pharmaceutical Co. Ltd, a large distributor of medical drugs and equipment in China with access to more than 8,000 hospitals. Mrs Zhang has been a director of the following companies during the previous five years:

 

Current directorships

Previous directorships in the last 5 years

Realcan Pharmaceutical Co., Ltd.

None

Shandon Ruikang'anlai Medical Technology Co. Ltd

Shandong Cheng'en Investment Co. Ltd

Shandong Multidisciplinary Treatment

Shandong Realcan Pharmaceutical Distribution Co. Ltd

Shandong Ruixiang Stomatological Dental Hospital Co. Ltd.

Yantai Ruiyou Investment Co., Ltd

 

Dr Yuelong Huang - Non-Executive Director

Representing Liquid Harmony Ltd which owns 29.9% of the Company, Yuelong Huang, aged 41 owns no shares in the Company although is considered to be acting in concert with Liquid Harmony Ltd. Scientist by background, Mr Huang serves as General Manager of Medical Technology Department of Realcan Pharmaceuticals Co. Ltd where he is responsible for all M&A activities and medtech R&D/manufacturing. Mr Huang has been a director of the following companies during the previous five years:

 

Current directorships

Previous directorships in the last 5 years

 

Hangzhou HongHui Electronic Technology Co., Ltd

Jiangyin Sino-German Technology Trasfer Centre

Hangzhou Tuobaba Technology Co. Ltd

Suqian Zhilong Photoelectric Co Ltd

Hangzhou WanMengTe Technology Co. Ltd

Hangzhou Ynovo Investment Management Co. Ltd

 

Jiangyin BinLong Technology Co. Ltd

 

 

Save as set out in this announcement, there are no further details to be disclosed under Rule 17 or Schedule 2(g) of the AIM Rules for Companies in respect of the appointments set out above.

 

 

For further information, please contact:

 

Advanced Oncotherapy Plc

www.avoplc.com

Dr. Michael Sinclair, Executive Chairman

Tel: +44 20 3617 8728

Nicolas Serandour, CEO

Stockdale Securities (Nomad & Joint Broker)

Antonio Bossi / Ed Thomas

Tel: +44 20 7601 6100

Stifel Nicolaus Europe (Joint Broker)

Jonathan Senior

Tel: +44 20 7710 7600

Walbrook PR (Financial PR & IR)

Tel: +44 20 7933 8780 or avo@walbrookpr.com

Paul McManus / Anna Dunphy

Mob: +44 7980 541 893 / Mob: +44 7876 741 001

 

 

About Advanced Oncotherapy Plc www.avoplc.com

Advanced Oncotherapy is a provider of particle therapy with protons that harnesses the best in modern technology. Advanced Oncotherapy's team "ADAM", based in Geneva, focuses on the development of a proprietary proton accelerator called Linac Image Guided Hadron Technology (LIGHT). LIGHT's compact configuration delivers proton beams in a way that facilitates greater precision and electronic control.

 

Advanced Oncotherapy will offer healthcare providers affordable systems that will enable them to treat cancer with an innovative technology as well as lower treatment-related side effects.

 

Advanced Oncotherapy continually monitors the market for any emerging improvements in delivering proton therapy and actively seeks working relationships with providers of these innovative technologies. Through these relationships, the Company will remain the prime provider of an innovative and cost-effective system for particle therapy with protons.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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