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Director/PDMR Shareholding

11 Nov 2016 11:23

RNS Number : 9885O
InnovaDerma PLC
11 November 2016
 

 

 

 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, WITHIN, INTO OR IN THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN.

 

 

 

InnovaDerma PLC ("InnovaDerma" or the "Company")

Announcement of Director / PDMR shareholding

 

 

The Company was notified on 7 November 2016, that Zaymar Investments Pty Ltd sold 12,500 Ordinary Shares of €0.10 each in the Company on 31 October 2016 at a price of £1.25 per share and 12,500 Ordinary Shares of €0.10 each in the Company on 1 November 2016 at a price of £1.00 per share (the "Sale"). Zaymar Investments Pty Ltd is owned and controlled by Haris Altaf Chaudhry, Executive Chairman of InnovaDerma plc.

 

Both transactions took place on the London Stock Exchange. As a result of these transactions, Haris Altaf Chaudhry's interest in the ordinary share capital of the Company, including that of his connected persons, reduced from 6,018,326 to 5,993,326. Following the Sale, Haris Altaf Chaudhry and his connected persons will retain beneficial interests in approximately 57.9% of the entire issued share capital of the Company.

 

This notice is given in fulfilment of obligations under DTR 3.1.2R.

 

Further enquiries:

 

InnovaDerma PLC

Haris Chaudhry/Joe Bayer

 

 

+61 (0)3 9111 0071

Sole broker

Hybridan LLP

Claire Noyce/Niall Pearson

 

 

+44 (0)203 764 2341 / 2343

Cardew Group

Shan Shan Willenbrock

David Roach

Emma Ruttle

 

 

+44 (0)20 7930 0777

 

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 United Kingdom, Australia, New Zealand, Philippines, South Africa, Hong Kong and South Korea.

 

www.innovaderma.com

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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