InnovaDerma PLC Broker Warrants (3637P)

TIDMIDP

RNS Number : 3637P

InnovaDerma PLC

16 November 2016

InnovaDerma PLC

("InnovaDerma" or the "Company")

Issue of Warrants to Broker

InnovaDerma, a UK developer of 'at-home' and clinically proven treatments for hair loss, hair care, self-tanning and skin rejuvenation announces that as part of Hybridan LLP's appointment as Sole Broker to the Company, it has today created and issued Warrants (the "Broker Warrants" or "Warrants") to subscribe for up to 11,905 ordinary shares of EUR0.10 each in the capital of the Company ("Ordinary Shares").

The Broker Warrants are exercisable in the period from (but excluding) 29 July 2016 to (and including) 29 July 2019, at an exercise price of GBP0.84 per share.

About InnovaDerma:

InnovaDerma PLC (LSE: IDP) specializes in the research, manufacture and marketing of clinically proven products in hair loss, anti-ageing and beauty sectors. InnovaDerma has presence in the UK, US, Australia, New Zealand, Philippines, South Africa, Hong Kong and South Korea.

www.innovaderma.com

Further enquiries

 
 InnovaDerma 
  Haris Chaudhry/Joe Bayer      +61 (0)3 9111 0071 
---------------------------  ----------------------- 
 Sole broker 
  Hybridan LLP 
  Claire Noyce                  +44 (0)203 764 2341 
---------------------------  ----------------------- 
 Cardew Group 
  Shan Shan Willenbrock 
  David Roach 
  Emma Ruttle                   + 44 (0)20 7930 0777 
---------------------------  -----------------------

This information is provided by RNS

The company news service from the London Stock Exchange

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November 16, 2016 08:54 ET (13:54 GMT)

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