Wednesday, February 18, 2015

InnovaDerma™ incorporated in UK as a Public Limited Company

InnovaDerma has announced that it has created a new Public Limited Company (PLC) in United Kingdom (UK) as it embarks on a public listing on a UK exchange late October / early November of 2014 as part of its growth and liquidity plans.

InnovaDerma PLC with company number 09226823 was officially incorporated on September 19, 2014 under the Corporation laws of England and Wales and has subsequently appointed Elemental CoSec Limited (a professional Company Secretary firm) with Nick Lindsay as its Company Secretary.

Subsequent to the formation of InnovaDerma PLC, all of the InnovaDerma companies globally will become fully owned subsidiaries of the PLC including InnovaDerma Aus & NZ Pty Ltd, InnovaDerma NZ Limited, InnovaDerma UK Limited, InnovaDerma International (Hong Kong) Limited and InnovaDerma Philippines Limited.

The board of InnovaDerma PLC comprises of Haris Chaudhry (Executive Chairman), with Garry Lemair, Joe Bayer and Rodney Turner as Non-Executive Directors and Nick Lindsay as the Company Secretary.

This incorporation concludes one of the key steps in the journey of InnovaDerma listing on a UK exchange in November followed by a dual listing in Europe during Q1 of 2015.

About InnovaDerma
Headquartered in London and with fully owned subsidiaries in Australia, Philippines, New Zealand and Hong Kong, InnovaDerma is one of the fastest growing companies offering clinically proven and highly effective products for male and female hair loss sufferers globally under its brand Leimo® along with an increasing range of products for hair care and clinically proven devices for body contouring and skincare including TriPollar® Stop® & TriPollar® Pose®