Directorate Change

RNS Number : 3010N

Nuformix PLC

31 May 2022

 

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF REGULATION 2014/596/EU WHICH IS PART OF DOMESTIC UK LAW PURSUANT TO THE MARKET ABUSE (AMENDMENT) (EU EXIT) REGULATIONS (SI 2019/310) ("UK MAR"). UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION (AS DEFINED IN UK MAR) IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.

31 May 2022

Nuformix plc

("Nuformix" or the "Company")

Directorate change

Nuformix plc (LSE: NFX), a pharmaceutical development company targeting unmet medical needs in fibrosis and oncology via drug repurposing, announces that Dr Alastair Riddell, the Company's Executive Chairman, has resigned from the Company with immediate effect in order to take up a full-time executive role with another company.

The Board will review the management requirements for the business whilst it continues to be supported through out-sourced operations.

Commenting, Dr Julian Gilbert, Non-executive Director of Nuformix, said: " Whilst it is disappointing that Alastair is leaving the Company, we thank him for his contribution to the Company over the past year and wish him well in his new position.  The management requirements for the business will be considered and further updates provided in due course."

Enquiries:

Nuformix plc
Dr Julian Gilbert, Non-executive Director Maddy Kennedy, Non-executive Director	Via IFC Advisory
Stanford Capital Partners Limited
Tom Price / Patrick Claridge (Corporate Finance)	[phone]
John Howes (Corporate Broking)	[phone]
IFC Advisory Limited
Tim Metcalfe Zach Cohen	[phone] [e-mail]

About Nuformix

Nuformix is a pharmaceutical development company targeting unmet medical needs in fibrosis and oncology via drug repurposing. The Company aims to use its expertise in discovering, developing and patenting novel drug forms, with improved physical properties, to develop new products in new indications that are, importantly, differentiated from the original (by way of dosage, delivery route or presentation), thus creating new and attractive commercial opportunities. Nuformix has a pipeline of preclinical assets with potential for significant value and early licensing opportunities.

 

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