REG - SkinBioTherapeutics - Resignation of CEO

SkinbiotherapeuticsAnnouncement

13/02/2026 07:00

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RNS Number : 8564S  SkinBioTherapeutics PLC  13 February 2026

 

 

SkinBioTherapeutics plc

("SkinBioTherapeutics" or "the Company")

 

Resignation of CEO And Changes in Leadership Responsibilities

 

13 February 2026 - SkinBioTherapeutics plc, (AIM: SBTX), the life science
business focused on skin health, announces that CEO, Stuart Ashman, has
resigned, having been suspended by the Board pending an investigation into
matters relating to his conduct. The Company is undertaking a full
investigation, supported by its professional advisors.

Martin Hunt, Non-Executive Chairman, will assume the role and responsibilities
of Executive Chairman temporarily; he will be supported by the rest of the
Board and Leadership team to provide business leadership and continuity. The
Company has instigated a search to find an interim CEO to appoint as soon as
possible, and to find a new, permanent CEO for the longer term.

The Company will update the Market and shareholders in due course. Until then,
there will be no further comment at this time.

 

This announcement contains inside information for the purposes of Article 7 of
the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic
law by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is
disclosed in accordance with the Company's obligations under Article 17 of
MAR.

 

-Ends-

For more information please contact:

 SkinBioTherapeutics plc                                  ir@skinbiotix.com
 Martin Hunt, Executive Chairman

Emily Bertram, CFO
 Singer Capital Markets (Nominated Adviser & Broker)      +44 (0) 020 7496 3000

Philip Davies

James Todd

Patrick Weaver
 Vigo Consulting                                          +44 (0) 20 7390 0230
 Melanie Toyne-Sewell, Rozi Morris                        SkinBio@vigoconsulting.com

Notes to Editors

About SkinBioTherapeutics plc

SkinBioTherapeutics is a life science company focused on skin health. The
Group's proprietary platform technology, SkinBiotix(®), is based upon
discoveries made by the translational dermatology team at the University of
Manchester.

The Group's foundation business is targeting the skin healthcare market via
five pillars, the most advanced of which are cosmetic skincare
(SkinBiotix(®)) and food supplements that harness the gut-skin axis
(AxisBiotix™). The cosmetic pillar has a partnership with Croda plc where
SkinBiotix(®) is being used as an active skin ingredient with the Croda trade
name, Zenakine™. The AxisBiotix™ pillar has a range of products targeting
the symptoms of inflammatory skin conditions, being sold directly and via
Amazon, and on the High Street in selected Superdrug Stores plc stores.

The Group is also acting as a consolidator and is making acquisitions in
complementary areas such as skincare and cosmetic applications, that also
bring new distribution and geographical platforms, and manufacturing
capabilities through which it can funnel its in-house pillar products.

The Company listed on AIM in April 2017 and is based in Newcastle, UK. For
more information, visit: www.SkinBioTherapeutics.com
(http://www.skinbiotherapeutics.com) .

 

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