23 Mar Elemental advises InnovaDerma on GXG Listing
Elemental advises on another GXG Listing, supporting InnovaDerma through its capital raising and first listing
Elemental’s company secretarial and legal experts have advised InnovaDerma Plc on its capital raising and initial listing on the GXG exchange, which completed on 20 March 2015.
Elemental’s director, Nick Lindsay commented “InnovaDerma is a great company that we are very excited to have helped bring to the European market. Bringing an Australian business to the UK market shows the global ambitions of InnovaDerma, which along with their new products in development should offer a strong route to growth. We are proud to help the leadership team achieve their goals.”
InnovaDerma plc has completed its listing on the GXG market, following the first round of capital raising during Q4 of 2014. With an initial market capitalisation of €27 million, this is a strong addition to the GXG.
Mr Haris Chaudhry, Executive Chairman of InnovaDerma said “Elemental have been invaluable in dealing with the UK legal and company secretarial requirements and it has been fantastic working with them. We look forward to working with them in the future as we continue to grow”
Elemental CoSec worked with InnovaDerma’s corporate advisors, Jenepe, and InnovaDerma’s management team as part of this listing and will continue to advise InnovaDerma on its company secretarial requirements going forward.
Elemental is a full service company secretarial and corporate service firm. Specialising in helping its clients manage their compliance function in a professional and efficient manner. Elemental provides legal, financial and governance advice as needed and focuses on improving the output of the compliance functions.
InnovaDerma is a fast-growing company with an ever-expanding product suite delivering clinically proven and market tested ‘at-home’ treatments for male and female hair loss, hair care, skin rejuvenation and personal care.
With presence in UK, Australia, New Zealand, Philippines and Hong Kong, the company is on a growth-trajectory through expanding its product suite, R&D, opening new territories and in acquiring new entities in order to become one of the fastest growing and highly profitable entity in clinically proven and technology driven personal care solutions to its client base globally
About Jenepé Limited
Jenepé Limited offers a specialist’s stock exchange listing services that covers multiple disciplines and sectors. The key to its sustainable corporate outcomes is via the Capital Management Strategy through long-term involvement and delivery.