Result of AGM

RNS Number : 9752U

SkinBioTherapeutics PLC

30 October 2017

 

SkinBioTherapeutics plc

(the "Company")

Result of AGM

SkinBioTherapeutics plc (AIM: SBTX), announces that at the Company's Annual General Meeting, held earlier today, all resolutions were duly passed.

For further information, please contact:

SkinBioTherapeutics plc Dr. Catherine O'Neill, CEO Douglas Quinn, CFO	Tel: [phone]
Cairn Financial Advisers LLP Tony Rawlinson / Emma Earl / Richard Nash	Tel: [phone]
Turner Pope Investments Ben Turner / James Pope	Tel: [phone]
Instinctif Partners Melanie Toyne-Sewell / Alex Shaw	Tel: [phone] [e-mail]

Notes to Editors

About SkinBioTherapeutics plc

SkinBioTherapeutics is a life science company focused on skin health. The Company's proprietary platform technology, SkinBiotix®, is based upon discoveries made by CEO Dr. Catherine O'Neill and Professor Andrew McBain.

SkinBioTherapeutics' platform applies research discoveries made on the activities of lysates derived from probiotic bacteria when applied to the skin.  The Company has shown that the SkinBiotix® platform can improve the barrier effect of skin models, protect skin models from infection and repair skin models.  Proof of principle studies have shown that the SkinBiotix® platform has beneficial attributes applicable to each of these areas. 

SkinBioTherapeutics received seed funding from the Tech Transfer office of the University of Manchester for the discovery of SkinBiotix®. The platform was subsequently spun out of the University of Manchester in March 2016 and was funded by OptiBiotix (AIM: OPTI).

The Company joined AIM in April 2017 concurrent with raising £4.5 million from a placing of new ordinary shares.

The Company is based in Manchester, UK. For more information, visit www.skinbiotherapeutics.com.

 

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