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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Innovaderma Plc | LSE:IDP | London | Ordinary Share | GB00BT9PTW34 | ORD EUR0.10 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 29.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMIDP
RNS Number : 1073W
InnovaDerma PLC
10 November 2017
LEI: 213800WRAP6W8VDL6B38
InnovaDerma PLC
("InnovaDerma" or the "Company")
Allotment of Shares
InnovaDerma (LSE: IDP), a UK developer of life sciences, beauty and personal care products today announces that it has allotted Jenepe Pty Limited (the "Allottee") 37,500 Ordinary Shares of EUR0.10 each ("Ordinary Shares"). The consideration provided by the Allottee for the Ordinary Shares is the release of a debt of GBP108,000 (which equates to GBP2.88 per share), such amount being the amount owed to the Allottee by the Company for the provision of legal services.
The Ordinary Shares will be admitted to CREST and application will be made for the admission of the Ordinary Shares to trading on the Main Market of the London Stock Exchange and it is expected that dealings in the Ordinary Shares will commence on or around 15 November 2017. The Ordinary Shares will rank equally in all respects with the Company's existing ordinary shares.
Following the issue of the Ordinary Shares, the total number of ordinary shares in issue is 14,356,633. This number may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company.
Further Enquiries
Innovaderma +61 (0)3 9111 Haris Chaudhry/Joe Bayer 0071 finnCap Ltd +44 (0) 20 7220 Geoff Nash/Giles Rolls/Kate Bannatyne 0500 Tim Redfern/Alice Lane - Corporate www.finncap.com Broking Cardew Group Shan Shan Willenbrock David Roach + 44 (0)20 7930 Joe McGregor 0777
About InnovaDerma
InnovaDerma PLC (LSE: IDP) specializes in the research, manufacture and marketing of clinically proven products in life sciences, beauty and personal care products. InnovaDerma has presence in Europe, US, Australasia, Asia and Africa.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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(END) Dow Jones Newswires
November 10, 2017 02:00 ET (07:00 GMT)
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