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TRADING UPDATES: SkinBioTherapeutics notes Superdrug product launch

ALN

The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

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SkinBioTherapeutics PLC - life science firm focused on skin health - Reports retailer Superdrug Stores PLC will launch the first batch of AxisBiotix products in UK stores. AxisBiotix is a food supplement aimed at easing symptoms of inflammatory skin conditions. ‘A phased roll-out to the rest of Superdrug’s UK store portfolio is scheduled to commence in spring 2026. SkinBioTherapeutics has successfully delivered both products and approved packaging despite having been set a very short lead time by Superdrug. The placement of product on shelves is in the hands of the Superdrug commercial team, but is expected to be imminently,’ SkinBioTherapeutics says.

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Litigation Capital Management Ltd - asset manager focused on dispute financing - A funded party has been unsuccessful in getting permission to appeal a commercial arbitration loss. LCM back in April reported an ‘unsuccessful’ commercial arbitration at the London Court of International Arbitration. LCM adds on Monday: ‘This investment was held at a value of £1.4 million as at 30 June 2025 and that amount will now be written off.’

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Secure Property Development & Investment PLC - Southeastern Europe-focused commercial property investor - Sells interest in logistics platform in Romania to Myrnes Ltd for €2.3 million. The portfolio sold includes a 50% interest in a special purpose vehicle which will own two logistics terminals under development.

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Oracle Power PLC - develops and invests in power and natural resource projects, with a focus on Pakistan and Western Australia - A drill rig has been booked for upcoming Northern Zone drilling programme in Western Australia. ‘Drilling will focus on the area between the known west and east mineralisation where multiple gold mineralised intercepts have been reported previously,’ Oracle Power says. The drilling programme is due to start in three weeks.

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Great Western Mining Corp PLC - Nevada-focused gold, silver and copper explorer - Reports drilling has kicked off in West Huntoon, ahead of schedule. Drilling began on Thursday with the first hole nearing its target depth on Friday. ‘Drilling is expected to continue through October, with assay results to follow,’ Great Western adds.

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Wishbone Gold PLC - miner with projects in Western Australia - A second drill rig from Core Drilling Services has been secured for work at the Red Setter gold project in Western Australia. The reverse circulation rig will ‘complement the diamond drill rig Core have on site’. ‘The addition of this large Reverse Circulation drill rig will speed up getting to target on future drill holes at Red Setter as the diamond drill rig will now not have to core through the overburden which is a very time consuming component of the current deep diamond drilling programme,’ Ed Mead, Wishbone’s Western Australia director, says.

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