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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 |
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
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(END) Dow Jones Newswires
March 29, 2018 02:02 ET (06:02 GMT)
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