REG - Oxford Cannabinoid - Appointment of finnCap Ltd. as Corporate Broker

Oxford Cannabinoid Technologies HoldingsAnnouncement

28/09/2022 07:00

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RNS Number : 9120A  Oxford Cannabinoid Tech.Holdings  28 September 2022

28 September 2022

 

Oxford Cannabinoid Technologies Holdings plc

("OCTP" or "the Company")

 

Appointment of finnCap Ltd as Corporate Broker

 

Oxford Cannabinoid Technologies Holdings plc, the pharmaceutical company
developing prescription cannabinoid medicines targeting the US$ multi-billion
pain market, is pleased to announce the appointment of finnCap Ltd ("finnCap")
as corporate broker to the Company with immediate effect (www.finncap.com
(http://www.finncap.com) ).

finnCap will work alongside the Company's existing corporate broker, Axis
Capital Markets and financial adviser, Cairn Financial Advisers LLP.

Dr John Lucas, OCTP CEO said: "The addition of finnCap as corporate broker,
with their specific life sciences expertise, is a real advantage for the
Company. We are delighted that finnCap are on board and know they will
complement the support that our existing advisers have provided."

 

The Directors of the Company accept responsibility for the content of this
announcement.

Enquiries:

 Oxford Cannabinoid Technologies Holdings plc  +44 (0)20 3034 2820

 Dr John Lucas (CEO)                           john@oxcantech.com

 Clarissa Sowemimo-Coker (COO)                 clarissa@oxcantech.com

 Cairn Financial Advisers LLP

 Emily Staples                                 +44 (0)20 7213 0897

 Jo Turner                                     +44 (0)20 7213 0885

 Axis Capital Markets Limited

 Kamran Hussain                                +44 (0)20 3026 0320

 Richard Hutchison

 finnCap Ltd

 James Thompson/Geoff Nash/Fergus Sullivan     +44 (0) 20 7220 0500

 Nigel Birks (ECM)

 Walbrook PR Limited                           +44 (0)20 7933 8780

 Paul Vann/Nick Rome                           +44 (0)7768 807631

                                               oxcantech@walbrookpr.com

 Harbor Access LLC

 Richard Leighton/Jonathan Paterson            +1 (475) 455 9403

                                               Richard.Leighton@HarborAccessllc.com

About Oxford Cannabinoid Technologies Holdings plc:

Oxford Cannabinoid Technologies Holdings plc ("OCTP") is the holding company
of Oxford Cannabinoid Technologies Ltd ("OCT"), a pharmaceutical company
developing prescription cannabinoid medicines for approval by key medicines
regulatory agencies worldwide and targeting the U$ multi-billion pain
market (together the "Group"). Cannabinoids are compounds found in the
cannabis plant that have been shown to have a range of therapeutic effects on
the body, including pain relief. The Group has a clearly defined path to
commercialisation, revenues and growth. The Group is developing drug
candidates through clinical trials to gain regulatory approval (FDA/MHRA/EMA)
that will enable medical professionals to prescribe them with confidence.

The Group's portfolio aims to balance risk, value and time to market, whilst
ensuring market exclusivity around all its key activities. The Group's lead
compound, OCT461201, is a highly potent and selective CB2 agonist and is being
developed by OCT in a solid oral dosage form. OCT is conducting pre-clinical
testing and development with clinical trials scheduled for Q1 2023. The
Group's product pipeline also uses a balanced drug product strategy that
employs both natural and synthetic compounds for the treatment of rare
diseases and includes chemically modified phytocannabinoids with improved
drug-like characteristics and a proprietary library of cannabinoids.

OCTP operates a partnership model with external academic and commercial
partners.

 

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