16 Nov 2016 13:54
InnovaDerma PLC
("InnovaDerma" or the "Company")
Issue of Warrants to Broker
InnovaDerma, a UK developer of 'at-home' and clinically proven treatments for hair loss, hair care, self-tanning and skin rejuvenation announces that as part of Hybridan LLP's appointment as Sole Broker to the Company, it has today created and issued Warrants (the "Broker Warrants" or "Warrants") to subscribe for up to 11,905 ordinary shares of €0.10 each in the capital of the Company ("Ordinary Shares").
The Broker Warrants are exercisable in the period from (but excluding) 29 July 2016 to (and including) 29 July 2019, at an exercise price of £0.84 per share.
About InnovaDerma:
InnovaDerma PLC (LSE: IDP) specializes in the research, manufacture and marketing of clinically proven products in hair loss, anti-ageing and beauty sectors. InnovaDerma has presence in the UK, US, Australia, New Zealand, Philippines, South Africa, Hong Kong and South Korea.
www.innovaderma.com
Further enquiries
InnovaDerma Haris Chaudhry/Joe Bayer
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+61 (0)3 9111 0071 |
Sole broker Hybridan LLP Claire Noyce
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+44 (0)203 764 2341 |
Cardew Group Shan Shan Willenbrock David Roach Emma Ruttle |
+ 44 (0)20 7930 0777 |