Brief: Ovoca Bio Says It Has No Operations Or Activities In Ukraine

Talisman Metals

07/03/2022 09:09

March 7 (Reuters) - Ovoca Bio PLC  OVB.L :
    * OVOCA BIO PLC  - STATEMENT RE RUSSIAN BUSINESS OPERATIONS
    * OVOCA BIO PLC - OVOCA HAS NO OPERATIONS OR ACTIVITIES IN
UKRAINE.
    * OVOCA BIO PLC - OVER 90% OF OVOCA'S 2021 CASHFLOW IS
INTERNATIONAL AND ORIGINATED OUTSIDE OF RUSSIA.
    * OVOCA BIO PLC - OVER 90% OF OVOCA'S 2021 CASHFLOW IS
INTERNATIONAL AND ORIGINATED OUTSIDE OF RUSSIA
    * OVOCA BIO PLC - OVOCA BIO GROUP OF COMPANIES HAS TWO
SUBSIDIARIES REGISTERED IN RUSSIA
    * OVOCA BIO PLC - NEITHER OF OVOCA SUBSIDIARIES REGISTERED
IN
RUSSIA ARE STATE OR GOVERNMENT-FUNDED AND ARE NOT CURRENTLY
SUBJECT TO EU/US/INTERNATIONAL SANCTIONS
    * OVOCA BIO PLC - CONFIRMS THAT NO MEMBER OF BOARD,
MANAGEMENT OR
ITS SUBSTANTIAL SHAREHOLDERS ARE ON LIST OF SANCTIONED
INDIVIDUALS.

Source text for Eikon:  ID:nRSG8349Da 
Further company coverage:  OVB.L 

 ((Reuters.Briefs@thomsonreuters.com;;))