REG - Celadon Pharma. PLC - Departure of Chief Financial Officer

Celadon PharmaceuticalsAnnouncement

30/09/2024 07:15

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RNS Number : 1242G  Celadon Pharmaceuticals PLC  30 September 2024

Celadon Pharmaceuticals Plc

("Celadon", the "Group" or the "Company")

Departure of Chief Financial Officer

London, 30 September 2024 - The Board of Celadon Pharmaceuticals Plc (AIM:
CEL) announces that Mr Jonathan Turner, Chief Financial Officer, will leave
his position on the Board on 27 December 2024.

The Board would like to express its thanks and gratitude to Mr Turner for his
contribution to the Company and wishes him well in his future endeavours.

The Company will be starting the search for Mr Turner's successor imminently
and will provide a further update when a new candidate has been appointed.

 

Enquiries:

 Celadon Pharmaceuticals Plc
 James Short                                                                                    Via Sodali & Co

 Jonathan Turner

 Canaccord Genuity Limited (Nominated Adviser and Broker)
 Bobbie Hilliam / Andrew Potts                                                                  +44 (0)20 7523 8000

 Global Investment Strategy UK Limited (Joint Broker)                                           +44 (0)20 7048 9400

 James Sheehan

 Sodali & Co
 Elly Williamson / Sam Austrums / Nick Johnson                                                  +44 (0)20 7250 1446

 

About Celadon Pharmaceuticals Plc

 

Celadon Pharmaceuticals Plc is a UK-based pharmaceutical company focused on
the development, production and sale of breakthrough cannabis-based medicines.
Its primary focus is on improving quality of life for chronic pain sufferers,
as well as exploring the potential of cannabis-based medicines for other
conditions such as autism. Its 100,000 sq. ft UK facility is EU-GMP approved
and comprises indoor hydroponic cultivation, proprietary GMP extraction and an
analytical and R&D laboratory. Celadon's Home Office licence allows for
the commercial supply of its pharmaceutical-grade cannabis product. The Group
owns an approved clinical trial using cannabis-based medicinal products to
treat chronic pain in the UK. Celadon also has a minority interest in
early-stage biopharma Kingdom Therapeutics, which is developing a licensed
cannabinoid medicine to treat children with Autism Spectrum Disorder.

 

For further information please visit our website www.celadonpharma.com
(http://www.celadonpharma.com)

 

This announcement contains inside information for the purposes of article 7 of
the Market Abuse Regulation (EU) 596/2014 as amended by regulation 11 of the
Market Abuse (Amendment) (EU Exit) Regulations 2019/310. With the publication
of this announcement, this information is now considered to be in the public
domain.

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