18 Oct 2017 09:52
LEI No: 213800WRAP6W8VDL6B38
18 October 2017
InnovaDerma plc
ASA ruling
The Company notes the Advertising Standards Authority ('ASA') ruling earlier today. This relates to online advertising in 2016 that was subsequently removed and the Company is working with the ASA to ensure all online presence is ASA compliant. The Company continues to trade in line with market expectations for the year to 30 June 2018 and this ruling is not anticipated to have an impact on future revenues or prospects. The Company continues to develop its other brands and is pleased with progress to date across the portfolio.
Further enquiries:
InnovaDerma Haris Chaudhry/Joe Bayer |
+61 (0)3 9863 8030 |
finnCap Ltd Geoff Nash/Giles Rolls/Kate Bannatyne Alice Lane - Corporate Broking |
+44 (0)207 220 0500 www.finncap.com |
Cardew Group Shan Shan Willenbrock David Roach Joe McGregor |
+ 44 (0)20 7930 0777 |
About InnovaDerma:
InnovaDerma PLC (LSE: IDP) specialises in the research, manufacture and marketing of clinically proven products in life sciences, beauty and personal care products. InnovaDerma has presence in Europe, US, Australasia, Asia and Africa.