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MGC Pharmaceuticals - Corporate Update - Board and UK Adviser Changes

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RNS Number : 3761V  MGC Pharmaceuticals Limited  01 December 2023

 

MGC Pharmaceuticals Ltd.

Corporate Update - Board and UK Adviser Changes

1 December 2023

ASX, LSE: MXC

 

 

MGC Pharmaceuticals Ltd (MGC Pharma, MGC or the Company), a European based
pharmaceutical company specialising in the production and development of
innovative medicines for unmet medical needs, announces the following changes
to the Board and its UK Broker.

 

Mr Daniel Robinson has been appointed as a Non-Executive Director of the
Company effective immediately. Mr Robinson has over 20 years' experience in a
broad range of corporate roles across stockbroking, corporate advisory,
investor relations and governance. He is an experienced Company Secretary and
Director of both private and listed companies. Additionally, Mr Robinson is a
Member of the Australian Institute of Company Directors.

 

Dr Stephen Parker and Dr Ross Walker will be stepping down from the Board to
pursue other opportunities. The Company would like to thank Dr Parker and Dr
Walker for all their contributions throughout their tenure and wish them all
the best in their future endeavours.

 

In addition, CMC Markets UK PLC (CMC) has been appointed as the Company's
joint UK broker with immediate effect. CMC Markets is a UK-based financial
services company that offers online trading in shares, spread betting,
contracts for difference (CFDs) and foreign exchange across world markets. CMC
is headquartered in London, with hubs in Sydney and Singapore. CMC is listed
on the London Stock Exchange and was admitted to the FTSE 250 on 20 June 2016.

-Ends-

 

Authorised for release by the board of directors, for further information
please contact:

 MGC Pharmaceuticals Ltd                                                  MGC Pharmaceuticals Ltd

 Roby Zomer                                                               Rowan Harland

 CEO & Managing Director                                                  Company Secretary

 +61 8 6555 2950                                                          +61 8 6555 2950

 info@mgcpharma.co.uk (mailto:info@mgcpharma.co.uk)                       info@mgcpharma.co.uk (mailto:info@mgcpharma.co.uk)
 UK IR/PR Advisers                                                        UK Brokers

 IFC Advisory                                                             Oberon Capital

 Graham Herring / Tim Metcalfe / Zach Cohen                               Aimee McCusker / Adam Pollock

 +44 203 934 6630                                                         +44 203 179 5300

 mgcpharma@investor-focus.co.uk (mailto:mgcpharma@investor-focus.co.uk)   aimeemccusker@oberoninvestments.com
                                                                          (mailto:aimeemccusker@oberoninvestments.com) adampollock@oberoninvestments.com
                                                                          (mailto:adampollock@oberoninvestments.com)

About MGC Pharma

MGC Pharmaceuticals Ltd (LSE: MXC, ASX: MXC) is a prominent European
pharmaceutical company with a strong commitment to creating accessible and
ethically produced cutting-edge medicines. Our approach combines in-house
research with innovative technologies, all aimed at discovering and producing
treatments for currently unmet medical conditions.

 

The company's founders and executives are distinguished figures in the global
pharmaceutical industry. Our central business strategy revolves around the
development and supply of innovative medicines, responding to the increasing
demand in the medical markets of Europe, North America, and Australasia.

 

MGC Pharma maintains a robust development pipeline that addresses two
prevalent medical conditions, with additional products currently in the
developmental stages. We've established strategic partnerships with renowned
institutions and academia, fostering the optimization of our medicines'
development. These medicines are produced in our EU-GMP Certified
manufacturing facilities, ensuring the highest quality standards.

 

With a growing patient base in key regions like the USA, UK, Australia, and
Ireland, MGC Pharma has also built a global distribution network through a
wide-reaching group of commercial partners. This extensive network places us
in a prime position to supply the global market effectively.

MGC Pharma has a growing patient base in Australia, the UK, Brazil and Ireland
and has a global distribution footprint via an extensive network of commercial
partners meaning that it is poised to supply the global market.

 

Follow us through our social media channels:

Twitter: @MGC_Pharma

Facebook: @mgcpharmaceuticals

LinkedIn: MGC Pharmaceuticals Ltd.

Instagram: @mgc_pharma

 

 

 

 

 

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