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BRIEF-Innovaderma acquires further 2 pct stake in Australian subsidiary Skinny Tan Pty Ltd
September 14, 2017 / 6:22 AM / 6 days ago

BRIEF-Innovaderma acquires further 2 pct stake in Australian subsidiary Skinny Tan Pty Ltd

Sept 14 (Reuters) - INNOVADERMA PLC:

* ACQUIRED FURTHER 2% STAKE IN ITS AUSTRALIAN SUBSIDIARY SKINNY TAN PTY LTD COMPRISING OF 20 ORDINARY SHARES FROM LOUISE FERGUSON

* SHALL ISSUE 37,166 ORDINARY SHARES OF EUR0.10 IN CAPITAL OF CO AS PAYMENT FOR 10 ORDINARY SHARES

* SAYS A FURTHER A$173,724 WILL BE PAID TO TRANSFEREE FOR REMAINING 10 ORDINARY SHARES Source text for Eikon: Further company coverage: (Bangalore.newsroom@thomsonreuters.com)

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