24th May 2016 09:04
LONDON (Alliance News) - Life sciences company hVIVO PLC on Tuesday said former Chairman and Non-Executive Director David Norwood has signed a lock-in deed with the group.
Under the lock-in deed, Norwood has undertaken not to dispose of his hVIVO shares until after the first anniversary of the date of the deed and orderly market restriction until after the second anniversary of the date of the deed.
Norwood was chairman of the company from 2011 until 2014, following which he was a non-executive director until last month.
Shares in hVIVO were untraded on Tuesday, last quoted at 200.00 pence.
By Karolina Kaminska; [email protected] @KarolinaAllNews
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