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Innocoll Announcement Relating to the Outcome of the Court Sanction Hearing

ATHLONE, Ireland, July 21, 2017 (GLOBE NEWSWIRE) — Innocoll Holdings plc (“Innocoll” or the “Company“) today announces that the High Court of Ireland has approved the acquisition of Innocoll by Gurnet Point L.P. (acting through its general partner Waypoint International GP LLC) (“Gurnet Point”) through its wholly owned subsidiary Lough Ree Technologies Limited (“Gurnet Bidco“) by means of a scheme of arrangement under Chapter 1 of Part 9 of the Companies Act 2014 (the “Scheme“).