News

Director Dealing

23 April 2010

Lipoxen PLC is pleased to announce that further to the announcement released on 1 April 2010, that the Company has raised £1.2 million through a non pre-emptive issue of shares (the "Fundraising"), certain directors have acquired ordinary shares of 0.5 pence each (the "New Ordinary Shares"). Details of the director dealings are set out in the table below:

Name Date Shares acquired Total interest % of total issued share capital
Sir Brian Richards 1 April 2010 1,071,429 2,262,606 1.32
Scott Maguire 1 April 2010 535,714 1,301,362 0.76
Colin Hill 1 April 2010 535,714 1,675,420 0.97

For further information, please contact:

Enquiries:

Lipoxen plc

+44 (0)20 7389 5015

M. Scott Maguire, Chief Executive Officer

 

 

 

Singer Capital Markets (nominated adviser)

+44 (0)20 3205 7500

Jeff Keating / Claes Spång

 

 

 

Buchanan Communications

+44 (0)20 7466 5000

Lisa Baderoon, Catherine Breen