26 Jul 2017 07:00
InnovaDerma PLC
("InnovaDerma" or the "Company")
Appointment of non-executive director and change of adviser
InnovaDerma (LSE: IDP), a UK developer of life sciences, beauty and personal care products, announces the appointment of Ross Andrews as a Non-Executive Director and finnCap as adviser and broker with immediate effect.
Appointment of Ross Andrews
Ross has more than 30 years' corporate advisory experience working with quoted companies, predominately in the UK. He was a main board director of Zeus Capital, the investment bank, until setting up his own consultancy business. He is a member of the Chartered Institute for Securities and Investment and is currently Chairman of standard listed Golden Rock Global plc and Kazai Capital Plc as well as a non-executive director of AIM quoted Integumen plc and Minerva Lending Plc. Ross is also senior adviser to the NEX Exchange.
Mr Andrews does not hold any other directorships in any other publicly quoted companies and there are no further details that need to be disclosed in accordance with Listing Rule 9.6.13.
Haris Chaudhry, Executive Chairman of InnovaDerma said: 'I am delighted to welcome Ross, who brings with him a wealth of City experience and knowledge, and which strengthens InnovaDerma's PLC Board. As the Company positions itself for generating further growth and value for shareholders it is important that we build an even stronger team internally and externally. To that end I am also delighted to welcome finnCap, as our adviser and broker.'
Ross Andrews, newly appointed Non-Executive Director of InnovaDerma, said: 'I am delighted to be joining the Board of a company which is demonstrating its ability to acquire such an exciting portfolio of brands, innovatively generate scale through both etail and retail, and grow its revenue streams. I am joining a talented team with an impressive entrepreneurial spirit, and I look forward to supporting that at a PLC level as the Company grows and develops further.'
Further Enquiries
InnovaDerma Haris Chaudhry/Joe Bayer | +61 (0)3 9111 0071 |
finnCap Ltd Geoff Nash/Giles Rolls/Kate Bannatyne Tim Redfern/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) specializes in the research, manufacture and marketing of clinically proven products in life sciences, beauty and personal care products. InnovaDerma has presence in the UK, US, Australia, New Zealand, Philippines, South Africa, Hong Kong and South Korea.
www.innovaderma.com