Open Orphan PLC Significant shareholder (3915C)
07 Febbraio 2020 - 4:42PM
UK Regulatory
TIDMORPH
RNS Number : 3915C
Open Orphan PLC
07 February 2020
7 February 2020
Open Orphan plc
("Open Orphan" or the "Company")
Significant shareholder
Open Orphan, the rapidly growing specialist CRO pharmaceutical
services company which has a focus on orphan drugs and is a world
leader in the provision of virology and vaccine challenge study
services, has been advised today that, as of 31 January 2020,
Jupiter Asset Management Limited's ("Jupiter") interest in the
Ordinary Shares of 0.1p in the Company fell below 3% of the total
voting rights of the Company. Accordingly, Jupiter have ceased to
be a significant shareholder in the Company, as defined by the AIM
Rules for Companies.
For further information please contact:
+353 (0)1 644
Open Orphan plc 0007
Cathal Friel, Executive Chairman +44 (0)20 7347
Trevor Phillips, Chief Executive Officer 5350
Arden Partners plc (Nominated Adviser and Joint
Broker) +44 (0)20 7614
John Llewellyn-Lloyd / Benjamin Cryer 5900
Davy (Euronext Growth Adviser and Joint Broker) +353 (0)1 679
Anthony Farrell 6363
Camarco (Financial PR)
+44 (0)20 3757
Tom Huddart / Daniel Sherwen 4980
Notes to Editors:
Open Orphan is a rapidly growing European full pharmaceutical
services company with a focus on orphan drug and specialist
services, comprising two commercial specialist CRO services
businesses (Venn and hVIVO) and a developing early stage orphan
drug genomics data platform business capturing valuable genetic
data from patient populations with specific diseases with
designated orphan drug status and incorporating AI tools. In June
2019, Open Orphan acquired AIM-listed Venn Life Sciences Holdings
plc in a reverse take-over and in January 2020 it completed the
Merger with hVIVO plc. Venn, as an integrated drug development
consultancy, offers CMC (chemistry, manufacturing and controls) ,
preclinical, phase I & II clinical trials design and execution.
hVIVO, is a world leader in the provision of viral challenge
studies, vaccine and viral laboratory services, supports product
development for customers developing antivirals, vaccines and
respiratory therapeutics, all particularly relevant and topical in
the environment of heightened awareness of the Corona virus in 2020
The Merger with hVIVO created a European full pharma services
company broadening the Company's customer base and with
complementary specialist CRO services, widened the range of the
Company's service offerings.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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February 07, 2020 10:42 ET (15:42 GMT)
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