IN BRIEF: Silverwood Brand completes Balmond Skincare acquisition

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Silverwood Brands PLC - London-based investing company targeting food, organic food, wellness, lifestyle and leisure sectors- Completes acquisition of Balmonds Skincare Ltd, a UK-based skincare company that focuses on eczema, psoriasis and dermatitis, following shareholder approval at a general meeting.

Company to resume trading on the AQSE Growth Market with enlarged share capital of 11.5 million shares on Wednesday. Acquisition was first announced in May, for £8.0 million in shares.

Current stock price: 70 pence

12-month change: down 35%

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