Immupharma PLC Directorate Change (6273A)

TIDMIMM

RNS Number : 6273A

Immupharma PLC

30 September 2015

 
 FOR IMMEDIATE RELEASE   30 SEPTEMBER 2015 
 

TIM MCCARTHY APPOINTED AS NON-EXECUTIVE CHAIRMAN

ImmuPharma PLC (LSE:IMM), ("ImmuPharma" or the "Company"), the specialist drug discovery and development company, is pleased to announce the appointment of Tim McCarthy as Non-executive Chairman, with immediate effect.

Mr McCarthy has a 35 year international business career in high growth biotech, healthcare and technology companies. He is currently Chairman and Non-Executive Director for a number of biotech and healthcare related companies, including Incanthera, Harvard Healthcare and Expedeon Holdings. Mr McCarthy is also the former Chief Executive Officer and Finance Director of a number UK listed public and private companies, including Alizyme plc and Peptide Therapeutics Group plc, and has a core understanding of AIM and its regulatory processes. Co-founding a number of healthcare and biotechnology companies, Mr McCarthy has helped raise substantial amounts of equity capital and also advised and worked at Board level for a diverse range of companies internationally, in areas such as business strategy, mergers & acquisitions, due diligence and licensing.

A Fellow of the Association of Chartered Certified Accountants, Mr McCarthy has an MBA from Cranfield School of Management.

Commenting on Tim McCarthy's appointment, Dimitri Dimitrou, Chief Executive Officer, said:

"We are delighted to have Tim join ImmuPharma as Chairman. This appointment represents a further strong addition to the Board. Tim's commercial and industry background together with capital markets experience will be extremely valuable as ImmuPharma progresses its lead compound, Lupuzor(TM) , through its pivotal Phase III trial, as well as providing guidance on ImmuPharma's long term business strategy."

Current Directorships

Ark Analytics Solutions Limited

BBN International Limited

Dropped Limited

Expedeon Holdings Limited

Frangipani Dreams Limited

Harvard Healthcare Limited

Incanthera Limited

Spear Therapeutics Limited

Unnamed Limited

Wise Old Owl Limited

Directorships in the Last 5 years

Retail Service Team Limited*

*This company entered into a Creditors Voluntary Winding-up on 12(th) December 2013, 8 months after Mr McCarthy's resignation of directorship. It was dissolved on 4 June 2015.

There are no other disclosures required in relation to Rule 17 or paragraph (g) of Schedule 2 of the AIM Rules for Companies.

For further information please contact:

 
                                             + 44 (0) 20 
 ImmuPharma plc                                7152 4080 
 Dimitri Dimitriou, Chief Executive 
  Officer 
 Lisa Baderoon, Head of Investor           + 44 (0) 7721 
  Relations                                      413 496 
 
 Panmure, Gordon & Co., NOMAD &              + 44 (0) 20 
  Broker                                       7886 2500 
 Fred Walsh, Duncan Monteith, Corporate 
  Finance 
  Charles Leigh-Pemberton, Corporate 
  Broking 
 
 
 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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September 30, 2015 02:05 ET (06:05 GMT)