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REG - SkinBioTherapeutics - Statement re. Suspension

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RNS Number : 9163Y  SkinBioTherapeutics PLC  01 April 2026

 

 

SkinBioTherapeutics plc

("SkinBioTherapeutics" or "the Company" or the "Group")

 

Suspension of Trading

 

1 April 2026 - the Board of SkinBioTherapeutics plc, (AIM: SBTX), the life
science business focused on skin health, announces that trading in the
Company's ordinary shares will be suspended with effect from 7.30am today as a
consequence of the Company not announcing the interim results for the 6 months
ended 31 December 2025 ("Interim Results") by 31 March 2026, as required by
the AIM Rules for Companies.

The previously announced Board investigation and the independent, forensic
review being undertaken by FRP Advisory continues to progress and the Board is
hopeful that these will be concluded later this month. Trading in the
Company's ordinary shares is anticipated to resume upon the publication of the
Interim Results.

The Board will update shareholders on the result of the forensic review and
Board investigation as soon as possible.

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

Rachel Parsonage, Interim CEO

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                                     SkinBio@vigoconsulting.com

Rozi Morris

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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