Tripep AB Carries out a New Issue of Shares of SEK 3 Million

* Reuters is not responsible for the content in this press release.

Tue Jul 7, 2009 6:03am EDT

STOCKHOLM, Sweden--(Business Wire)--
The Board of Directors of Tripep AB (STO:TPEP) has, based on the authorization
by the AGM, resolved to carry out a new issue of 6 000 000 shares at SEK 0.50
per share, raising SEK 3 million. 

The new issue is made without preferential rights for existing shareholders and
has been subscribed by new investors and existing shareholders. The proceeds
will be used as working capital. 

The new issue will increase the number of shares in the company to 29 575 314. 

Tripep develops drugs against chronic disease based on proprietary and other
parties` patented and patent pending technologies. Tripep is focusing on the
following research projects; wound healing therapy ChronSeal and a therapeutic
vaccine against Hepatitis C, named ChronVac-C, plus the RAS technology platform.
The Tripep share is admitted to trade on First North. Remium AB is Certified
Adviser for Tripep AB. For more information, please refer to the company`s
Website: www.tripep.se. 

This information was brought to you by Cision http://www.cisionwire.com



Tripep AB
Anders Vahlne, CEO and Head of Research
Tel: +46 8 5858 1313,
Mobile phone: +46 709 28 05 28
E-mail: anders.vahlne@ki.se

Copyright Business Wire 2009

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.