Innovaderma Share Discussion Threads

[freddie43] 12/10/2020 13:07

I wonder if the Board will have the guts to stand for re-election at the November AGM

[connor23] 28/9/2020 13:21

That is the question...

[kenwright] 28/9/2020 08:56

RNS out today but not showing in the monitor lists.....

InnovaDerma PLC US distributor appointed and Nuthing launch in AUS
28/09/2020 7:00am
RNS Non-Regulatory

TIDMIDP

InnovaDerma PLC

28 September 2020

LEI: 213800WRAP6W8VDL6B38

InnovaDerma PLC

("InnovaDerma" or the "Company")

InnovaDerma appoints US distributor

Nuthing ranged in Priceline, Australia

InnovaDerma (LSE: IDP), a UK developer of beauty, personal care and life sciences products, is pleased to provide the following update:

US Distributor

The PCA Group (PCA), a long-established US based beauty brands distributor, has been appointed as the exclusive distributor for all the Company's topical brands in North America and South America. The distribution agreement will include all major retailers and e-commerce companies in these regions including Amazon. Established 25 years ago and employing more than 600 people worldwide, PCA works with global and disruptive brands including Revlon, Too Faced, Elizabeth Arden and Burts Bees. The Company will continue to market and sell its brands through its DTC platform and via the QvC television shopping network.

Nuthing

Following positive responses from Priceline, all nine Stock Keeping Units of Nuthing, the Company's hair removal brand are now available to purchase in 152 stores and online. Priceline has 474 stores nationwide and is Australia's largest beauty retailer and securing initial distribution in their larger format stores is an important step forward in the Company's strategy to diversify outside the UK. The brand's entry into Australia is its first overseas following the successful launch in the UK earlier this year, in c.800 Superdrug stores, online and on the Company's DTC platform. Nuthing is the Company's latest skin-care innovation brand which is much less seasonal and complementary to Skinny Tan, offering the opportunity to cross target promotions

Joe Bayer, Executive Chairman of InnovaDerma, said:

" We are very pleased to have appointed PCA as our distributor in the Americas for all our topical brands. They have an excellent track record in distributing well-established and disruptive beauty brands to major retailers and online platforms and we look forward to working with them in gaining a major foothold in these markets.

"We enjoy a strong relationship with Priceline in Australia and it is particularly pleasing to have secured distribution for Nuthing, a testament to this high quality, innovative and well-positioned brand which only launched in February this year.

"These agreements are key to furthering our strategic aim of diversifying revenue streams outside the UK and we look forward to making further inroads in these significant markets."

Further enquiries


InnovaDerma
Joe Bayer [phone]
finnCap Ltd
Geoff Nash/Kate Bannatyne [phone]
Alice Lane/Manasa Patil - Corporate www.finncap.com
Broking
---------------------------
TB Cardew
Shan Shan Willenbrock/Tom Allison + 44 (0)20 7930 0777
Olivia Rosser [e-mail]
---------------------------

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END

[wskill] 28/9/2020 08:51

Results on Wednesday must be decent as why give out good news today if they were not well that's my take on today's good update nice to see we are motoring along.

[lord loads of lolly] 21/9/2020 18:46

Conversely, reduced socialising may make people less bothered about their appearance! Little point in speculating, best to wait for the next set of results.

[mad foetus] 21/9/2020 15:31

The lack of late summer sun getaways should hit the skinny tan sweet spot but who knows?

[connor23] 11/9/2020 14:09

Perky today

[anony mous] 01/9/2020 12:05

Yes,I wonder what his plans are?Cannot just be to buy and hold.Maybe buy whilst low then bid for rest of company?Time will tell.

[coldspring] 01/9/2020 09:58

And another 25k bought in one go today.....

[anony mous] 01/9/2020 09:53

So Mark Ward has been adding again.RNS out today.

[teddy boy1] 28/8/2020 13:52

Hi Kemche

Have just bought myself a little farm so cannot see myself being bored for a little while.

[kemche] 28/8/2020 11:23

Welcome back teddy. How is the tome coming along. I trust the boys are well.

[teddy boy1] 28/8/2020 10:48

50p ,here we come,and to think that the share price was pushing 100p a few weeks back.

Really pleased to be rid of this share !Only wish I had done it a lot sooner.

[ishwar] 12/8/2020 14:51

Sorry, I could have been clearer. Basically Mark W is able increase his holdings significantly without affecting the share price and I noted IG allowed me to open a leveraged position (CFDs) again after like 5 months or more.

[anony mous] 12/8/2020 14:36

Really? How is that then?

[ishwar] 12/8/2020 12:31

There seems to be increased liquidity and possibly a significant overhang

[wskill] 12/8/2020 11:18

Hopefully he will at least join the board there is a vacant position as we know.

[anony mous] 12/8/2020 11:15

RNS just out showing Mark Ward now holds a big chunk of IDP.Wonder what his plan is.

[stimulationengineer] 07/8/2020 17:58

OK, we'll just have to cope with different conclusions.

[lord loads of lolly] 07/8/2020 17:25

"I suggest you read the posts and interpret them however you wish". Exactly what I've done, stimulationengineer!

[stimulationengineer] 07/8/2020 16:45

Lord Lolly. I'm also somewhat suspicious of you too as your comment "BEYOND DAFT" suggests that somehow you have accessed my old school reports.
I suggest you read the posts and interpret them however you wish.

[lord loads of lolly] 07/8/2020 14:18

So it boils down to your suspicions & gut. Hmmm, say no more.

[stimulationengineer] 07/8/2020 12:13

The coup has already happened and from my perspective past posting history raised my suspicions about the poster's motives and identity. I would obviously be more comfortable if I'm wrong but my gut tells me otherwise. I have no problem with apologising if I'm off the mark.

[lord loads of lolly] 07/8/2020 11:28

This speculation sounds BEYOND DAFT to me. Don't you think anyone at Joe's level has more than enough to do without plotting a boardroom coup via this BB. I mean REALLY. If he wanted to get rid of a Director, the LEAST effective option imaginable would be the one you're suggesting.

[spoonfed1] 07/8/2020 11:24

No offense taken here stimulation. Similar to Chop, don't know anyone or met anyone from ID. I do know people that have met the board but I am just passing another view and my posting history is purely that. Like you all I watch all the interviews and hear what people say. I do my research and have a perspective. There are too may inaccurate facts and theories here at the same time some very good insights. Sometimes I think there are people here way too informed. Also like Chop, I am done for now. I do hope the company does turnaround for the sake of us long term investors.