20th Dec 2012 07:00
Sinclair IS Pharma plc
Amendment of Lock-up terms
Sinclair IS Pharma plc (AIM:SPH.L) ("Sinclair IS" or the "Company"), the international specialty pharma company, announces that in order to satisfy institutional demand, it has amended the terms of the lock-up arrangements with the ex-shareholders of Advanced Bio-Technologies Inc.
The final 8,511,864 ordinary shares issued as consideration have now been released and placed with investors. There are no further ordinary shares subject to lock-up arrangements.
Ends
For further information please contact:
Sinclair IS Pharma plc Tel: +44 (0) 20 7467 6920
Chris Spooner
Alan Olby
Robert Taylor
Peel Hunt LLP Tel: +44 (0) 20 7418 8900
James Steel
Vijay Barathan
Notes to Editors:
About Sinclair IS Pharma plc - www.sinclairispharma.com
Sinclair IS Pharma is an international specialty pharmaceutical company focused on treatments in dermatology, wound care, oncology support and critical care through advanced surface technology and innovative delivery systems. The Company has a growing sales and marketing operation with a direct sales presence in the top five European markets and an extensive marketing partner network across selected developed and emerging markets.
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Sinclair Pharma