Microskin plc (the "Company") are pleased to confirm that a debt of AUS$ 536,833.19 owed by the Company to Skiptrak Pty Ltd has been fully converted into ordinary shares of the Company at a price of €2.10 per share. As a result 175,069 ordinary shares were allotted to the nominee of Skiptrak Pty Ltd as of 23 June 2015.
This allotment brings the total number of issued ordinary shares in the Company to 9,037,686 and the total number of shares beneficially held by Skiptrak Pty Ltd to 708,716.
Skiptrak Pty Ltd is beneficially owned by Barry Amor, the Executive Chairman of Microskin plc
For further information you can contact us on bamor@microskin.com.au