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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Shield Therapeutics Plc | LSE:STX | London | Ordinary Share | GB00BYV81293 | ORD 1.5P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.125 | 10.20% | 1.35 | 1.30 | 1.40 | 1.35 | 1.20 | 1.225 | 8,345,835 | 16:20:04 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Pharmaceutical Preparations | 4.47M | -40.44M | -0.0522 | -0.26 | 10.47M |
TIDMSTX
RNS Number : 2651Q
Shield Therapeutics PLC
05 June 2018
Shield Therapeutics plc
("Shield" or the "Company")
Directorate Change
London, UK, 5 June 2018. Shield Therapeutics plc (LSE:STX), announces that Dr Andrew Heath has notified the Company of his intention to step down as Chairman, and from the Board, by not standing for re-election at the upcoming AGM so that he may focus on other business interests. Dr Heath has worked closely with Shield Therapeutics since 2015, initially as a senior advisor, before joining the Board as Non-Executive Chairman in early 2016. During this time, he has played a key role in helping the Company to successfully achieve an initial public offering on the London Stock Exchange and has been integral to the subsequent development of the Company.
A process to appoint a successor is underway.
Carl Sterritt, Chief Executive Officer of Shield Therapeutics commented "On behalf of the Board, I would like to thank Andrew for his considerable contribution to the development and transformation of Shield Therapeutics from a private, development stage company to a commercially-focused and publicly listed entity. His experienced counsel during this period of significant transition for the Company has been greatly appreciated and I offer him our best wishes."
Dr Andrew Heath, Non-Executive Chairman, said "I have thoroughly enjoyed my time at Shield Therapeutics and am proud to have been at the head of the team that has built the Company into a commercial stage publicly listed specialty pharmaceutical company. Through its people and assets Shield has the foundations in place for a successful future and I wish Carl and the team the very best of luck with their ongoing endeavours."
-Ends-
For further information please contact:
Shield Therapeutics plc +44 (0)207 186 8500
Carl Sterritt, Chief Executive Officer
Karl Keegan, Chief Financial Officer
Nominated Advisor and Joint Broker +44 (0)203 100 2222
Liberum Capital Limited
Christopher Britton/Steve Pearce
Joint Broker +44 (0)207 418 8900
Peel Hunt LLP
James Steel/Christopher Golden
Financial PR Advisor +44 (0)203 709 5700
Consilium Strategic Communications
Mary-Jane Elliott/Matthew Neal
About Shield Therapeutics plc
Shield Therapeutics is a commercial stage pharmaceutical company, delivering innovative specialty pharmaceuticals to address patients' unmet medical needs. Our clear purpose is to help our patients become people again, by enabling them to enjoy the things that make the difference in their everyday lives. The Group has a marketed product, Feraccru(R), for the treatment of all adults with iron deficiency with or without anaemia which has exclusive IP rights until the mid-2030's. For more information please visit www.shieldtherapeutics.com.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
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(END) Dow Jones Newswires
June 05, 2018 02:01 ET (06:01 GMT)
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