Immupharma PLC Director Retirement (5094Z)
24 Mayo 2021 - 1:00AM
UK Regulatory
TIDMIMM
RNS Number : 5094Z
Immupharma PLC
24 May 2021
24 May 2021
ImmuPharma PLC
("ImmuPharma" or the "Company")
DIRECTOR RETIREMENT
ImmuPharma PLC (LSE:IMM) (Euronext Growth Brussels: ALIMM), the
specialist drug discovery and development company, announces that
Dr Robert Zimmer, President & Chief Science Officer has
confirmed to the Company that he will not be seeking re-election at
the forthcoming Annual General Meeting scheduled for 28 June 2021
and will be retiring from ImmuPharma PLC and leaving the Board with
effect from then.
The Board would like to express its gratitude to Dr Zimmer for
his 16 years of service and wishes him well for the future.
As a substantial shareholder in ImmuPharma and to demonstrate
his continued support of the Company, Dr Zimmer has entered into a
lock-in agreement, to not dispose of shares in which he has an
interest, for a period of three years or, if earlier than three
years, the date of the reporting by the Company of the preliminary
results of the next Phase 3 clinical trial of Lupuzor(TM) .
Commenting on the announcement, Dimitri Dimitriou, CEO of
ImmuPharma said : "Having co-founded ImmuPharma in 2005, Robert has
been a driving force in the business for many years, both
scientifically and through our strategic collaborations, in
particular the longstanding relationship with the CNRS * . On
behalf of the Board and all our colleagues, I thank him for his
invaluable and unique contribution."
Dr Robert Zimmer, added: "I have taken great pride at being at
the helm of ImmuPharma, working with such highly committed and
exceptionally talented colleagues. Whilst my retirement from the
Company will allow me to focus on the many endeavours now afforded
to me, as a major shareholder in ImmuPharma, I remain fully
supportive of the Company, its diverse pipeline and technology but
most specifically, the long-term success of Lupuzor(TM). As such, I
have every confidence that Lupuzor(TM) has the potential of
becoming a first line treatment for the many lupus patient
sufferers around the world."
*CNRS : Centre National de la Recherche Scientifique
This announcement contains inside information as stipulated
under the UK version of the Market Abuse Regulation no 596/2014
which is part of English law by virtue of the European (withdrawal)
Act 2018, as amended. on publication of this announcement via a
regulatory information service, this information is considered to
be in the public domain.
For further information please contact:
ImmuPharma PLC ( www.immupharma.com )
Tim McCarthy, Chairman + 44 (0) 207 152 4080
Dimitri Dimitriou, Chief Executive Officer
Lisa Baderoon, Head of Investor Relations + 44 (0) 7721 413496
SPARK Advisory Partners Limited (NOMAD)
Neil Baldwin
Stanford Capital Partners (Joint Broker) +44 (0) 203 36 8 3550
Patrick Claridge
John Howes
Bob Pountney +44 (0) 203 815 8880
SI Capital (Joint Broker)
Nick Emerson +44 (0) 1483 413500
4Reliance (Euronext Growth Listing Sponsor) +32 (0) 2 747 02 60
Jean-Charles Snoy
Degroof Petercam (Liquidity Provider) +32 (0) 2 287 95 34
Erik De Clippel
Backstage Communication
Olivier Duquaine +32 (0) 477 504 784
Gunther De Backer +32 (0) 475 903 909
Notes to Editors
About ImmuPharma PLC
ImmuPharma PLC (LSE AIM: IMM - Euronext Growth: ALIMM) is a
specialty biopharmaceutical company that discovers and develops
peptide-based therapeutics. The Company's portfolio includes novel
peptide therapeutics for autoimmune diseases, metabolic diseases,
anti-infectives and cancer. The lead program, Lupuzor(TM), is a
first-in class autophagy immunomodulator which is in Phase 3 for
the treatment of lupus and preclinical analysis suggest therapeutic
activity for many other autoimmune diseases that share the same
autophagy mechanism of action. ImmuPharma and Avion Pharmaceuticals
signed on 28 November 2019, an exclusive licence and development
agreement and trademark agreement for Lupuzor(TM) to fund a new
international Phase 3 trial for Lupuzor(TM) and commercialise in
the US.
For additional information about ImmuPharma please visit
www.immupharma.co.uk
ImmuPharma's LEI (Legal Entity Identifier) code:
213800VZKGHXC7VUS895.
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