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InnovaDerma Shares Surge As It Promotes Kieran Callan To CEO Post

8th Aug 2018 11:36

LONDON (Alliance News) - Shares in InnovaDerma PLC jumped on Wednesday as the company promoted Non-Executive Director Kieran Callan to chief executive officer.

The stock was trading 28% higher at 142.14 pence per share on the back of the news.

Callan will take on the role from September 17 and will be based in the UK to manage the "strong growth expected in financial 2019, major new retail chains and the launch of new products", the company said.

Furthermore, the company said that its haircare brand Roots will be launched in 432 Tesco PLC's stores from November.


Related Shares:

TescoIDP.L
FTSE 100 Latest
Value8,809.74
Change53.53