TIDMOVB

RNS Number : 4107R

Ovoca Bio PLC

04 November 2021

Ovoca Bio plc

("Ovoca" or the "Company")

Board Changes

Ovoca Bio, a biopharmaceutical company with a focus on women's health, is pleased to announce the appointment of Anastasia Levashova as an Independent Non-Executive Director with immediate effect. It also announces that Leonid Skoptsov will retire from the Board with immediate effect.

Ms. Levashova is a Portfolio Manager at Blackfriars Asset Management, a London, UK based fund management boutique specializing in equities investment within global emerging and frontier markets. She has over 20 years' experience in investing across emerging markets working in New York, London and Moscow in Bank of America Merrill Lynch, BNP Paribas and Citibank. Ms. Levashova holds a PhD from Moscow Lomonosov State University in International Relations and an MA in International Finance from Columbia University.

Ovoca Chief Executive & Interim Chairman, Kirill Golovanov, commented:

"We are delighted to welcome Anastasia to the board. She has deep asset management and investment banking experience and has long-standing relationships with financial institutions, private investors and other capital market participants. I look forward to working with Anastasia as we continue our development activities for our lead asset, orenetide, in major global markets.

In addition, I want to publicly thank Leonid for his years of service and dedication to improving our business and helping grow shareholder value. He provided strategic leadership in the early days of the Company's establishment and has continued to give invaluable guidance to the Board and our team through the whole of his service."

Additional Information:

Anastasia Levashova (aged 45 years) does not hold any ordinary shares or share options in the Company.

 
 Current Directorships            Past Directorships 
 Director, My Wealth World Ltd.   Director, Globaltruck Ltd. 
                                   Director, Ashanti Gold Corp. 
                                 ------------------------------

The Company confirms that there is no other information that is required to be disclosed under Schedule 2(g) of the AIM Rules for Companies and Rule 5.22 (b) of Chapter 5: Additional Rules for the Euronext Growth Market operated by Euronext Dublin.

For further information, contact:

Ovoca Bio plc

Kirill Golovanov (Chief Executive)

Tel +353 1 661 9819

info@ovocabio.com

Davy (Nominated Adviser, Euronext Growth Advisor and Broker)

John Frain / Daragh O'Reilly

Tel: +353 1 679 6363

Consilium Strategic Communications

Chris Gardner, Chris Welsh

ovocabio@consilium-comms.com

Tel: +44 (0)20 3709 5700

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November 04, 2021 11:46 ET (15:46 GMT)

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