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Provider: Reuters Investment Profile
Provider: GlobalData

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Immunicum completes private placement and resolves rights issue bringing about SEK 100 mln

Wednesday, 2 Apr 2014 02:50am EDT 

Immunicum AB:Completes private placement of 3,500,000 shares at a price of 16.00 Swedish crowns.Says has raised in total 56 million Swedish crowns before issue costs.Says the issue was directed towards a group of qualified Swedish and international investors.Resolves rights issue of new shares, raising a maximum of 44,080,000 crowns.Offers up to 2,755,000 new shares.Says five existing shares entitle the holder to subscribe for one new share.Sets subscription price at 16.00 crowns per share, which corresponds to the price in the private placement.Subscription period runs May 14-28.Says the rights issue is fully underwritten.The share issues will together bring Immunicum gross proceeds of about 100 million Swedish crowns.