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AVCT Avacta Group Plc

45.00
-0.30 (-0.66%)
25 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Avacta Group Plc LSE:AVCT London Ordinary Share GB00BYYW9G87 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.30 -0.66% 45.00 44.50 45.50 45.25 44.25 45.25 2,895,504 16:28:25
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Pharmaceutical Preparations 10.06M -39.19M -0.1382 -3.26 127.63M

Avacta Group PLC Directorate Change (3020J)

29/03/2018 7:02am

UK Regulatory


Avacta (LSE:AVCT)
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TIDMAVCT

RNS Number : 3020J

Avacta Group PLC

29 March 2018

29 March 2018

Avacta Group plc

("Avacta" or "the Group" or "the Company")

Directorate Change

Avacta Group plc (AIM: AVCT), the developer of Affimer(R) biotherapeutics and research reagents, announces that Dr Michael Albin, one of the Group's Non-Executive Directors will be stepping down from the Board with effect from 30 March 2018.

Dr Alastair Smith, Group Chief Executive Officer, commented:

"I would like to thank Michael for his contribution to the Group over the last four years, his advice and support around the development of our Affimer technology has been invaluable. I am glad that Michael's association with Avacta will continue in an advisory capacity."

- Ends -

For further information from Avacta Group plc, please contact:

 
     Avacta Group plc                       Tel: +44 (0) 844 414 
      Alastair Smith, Chief Executive        0452 
      Officer                                www.avacta.com 
      Tony Gardiner, Chief Financial 
      Officer 
     finnCap Ltd                            Tel: +44 (0) 207 220 
      Geoff Nash / Giles Rolls               0500 
      - Nominated Adviser                    www.finncap.com 
      Tim Redfern / Alice Lane 
      / Nikita Jain - Corporate 
      Broking 
                                             Tel: +44 (0) 203 705 
      WG Partners                            9318 
      Nigel Birks / Nigel Barnes             Tel: +44 (0) 203 705 
      David Wilson / Claes Spang             9217 
                                             www.wgpartners.co.uk 
     Zyme Communications (Trade             Tel: +44 (0)7787 502 
      and Regional Media)                    947 
      Katie Odgaard                          katie.odgaard@zymecommunications.com 
 
      Yellow Jersey PR (Financial            Tel: +44 (0)7764 947137 
      Media and IR)                          avacta@yellowjerseypr.com 
      Sarah Hollins 
 

To register for Avacta news alerts by email go to www.avacta.com/investor-news-email-alerts

About Avacta Group plc (www.avacta.com)

Avacta's principal focus is on its proprietary Affimer(R) technology which is a novel engineered alternative to antibodies that has wide application in Life Sciences for diagnostics, therapeutics and general research and development.

Antibodies dominate markets worth in excess of $100bn despite their shortcomings. Affimer technology has been designed to address many of these negative performance issues, principally; the time taken to generate new antibodies, the reliance on an animal's immune response, poor specificity in many cases, and batch to batch variability. Affimer technology is based on a small protein that can be quickly generated to bind with high specificity and affinity to a wide range of protein targets.

Avacta has a pre-clinical biotech development programme with an in-house focus on immuno-oncology and bleeding disorders as well as partnered development programmes. Avacta is commercialising non-therapeutic Affimer reagents through licensing to developers of life sciences research tools and diagnostics.

This information is provided by RNS

The company news service from the London Stock Exchange

END

BOALLFFEVTITFIT

(END) Dow Jones Newswires

March 29, 2018 02:02 ET (06:02 GMT)

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