TIDMOVB

RNS Number : 5916A

Ovoca Bio PLC

23 January 2024

Ovoca Bio plc

("Ovoca" or the "Company")

Holding(s) in Company

Dublin, Ireland, January 23, 2024 - Ovoca Bio, a biopharmaceutical company with a focus on women's health, received notification from Mr. Leonid Skoptsov on 16 January 2024 that, as of 17 October 2023, he holds an interest in 10,002,078 ordinary shares of nominal value EUR0.125 each, which represents 12.26%* of the Company's issued share capital (excluding treasury shares) . The Company also received notification from Mr. Alexandr Mogutov on 16 January 2024 that, as of 17 October 2023, he no longer has a notifiable interest in the Company's issued share capital (excluding treasury shares).

*This percentage shareholding is based on a share in issue figure of 81,563,806 ordinary shares of nominal value EUR0.125 each. The Company also holds 6,895,000 ordinary shares in treasury, which do not carry voting rights.

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For further information:

Ovoca Bio plc

Kirill Golovanov (Chief Executive)

Tel +353 1 661 9819

info@ovocabio.com

Davy (Nominated Adviser, Euronext Growth Listing Sponsor and Broker)

Ivan Murphy / Daragh O'Reilly

Tel: +353 1 679 6363

About Ovoca Bio

Ovoca Bio is a European-based biopharmaceutical company with a focus on women's health. The Company is currently developing Orenetide (BP-101), a novel synthetic peptide administered through a nasal spray as a novel treatment for women with hypoactive sexual desire disorder (HSDD), a condition characterized by a distressing lack or loss of sexual desire affecting an estimated 4 million premenopausal women in the US alone.

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(END) Dow Jones Newswires

January 23, 2024 02:00 ET (07:00 GMT)

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