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TPI provides its latest research note on DeepVerge plc (DVRG.L).

DeepVerge has announced its new R&D service, which was launched in August 2020, has already generated £400,000 in completed sales in Q4 2020.

Work agreements have been signed with ten new clients that had previously not used Labskin services. These agreements include framework Master Services Agreements with two of the world’s largest suppliers of consumer products related to skincare.

Turner Pope looks forward to DeepVerge delivering further operational progress across its broad range of potentially groundbreaking developments in tandem with additional opportunities generated through its recent takeover of Modern Water plc.

Launch Presentation

We would draw your attention to the various disclaimers in the document both at the beginning and at the end of the note. Retail clients (as defined by the rules of the FCA) must not rely on the research document. In particular you should note that the research document is a non-independent marketing communication. The analyst who has prepared the research is aware that TPI provides research to DeepVerge plc. Accordingly the research has not been prepared in accordance with legal requirements designed to promote the independence of investment research and is not subject to any prohibitions on dealing ahead of its dissemination.

The information in the document is published solely for information purposes and is not to be construed as a solicitation or an offer to buy or sell any securities or related financial instruments. The material contained in the document is general information intended for recipients who understand the risks associated with equity investment in smaller companies. It does not constitute a personal recommendation as defined by the FCA or take into account the particular investment objectives, financial situation or needs of individual investors nor provide any indication as to whether an investment, a course of action or the associated risks are suitable for the recipient.

Copyright © 2019 Turner Pope Investments (TPI) Limited, all rights reserved.


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