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MedicPen publ AB Announces Directed Share Issue


Friday, 13 Sep 2013 04:16am EDT 

MedicPen publ AB announced that the Company is carrying out a directed share issue of approximately 8.5 million shares and a warrant (TO2) per share, raising approximately SEK 5.1 million in proceeds before issue costs. Through the issue the Company's share capital increases by 21%. Additionally, the issue of TO2 may potentially result in proceeds of approximately SEK 4.7 million. Subscription price has been set at SEK 0.60 per share. Per each share a TO2 will be assigned. Two TO2s will entitle the holder to subscribe for one new share in MedicPen. The warrants are to be exercised before December 6, 2013. Subscription price will be SEK 1.1 per share. The issue is directed towards Capensor Capital AB and a small number of private investors. 

Company Quote

1.18
-0.01 -0.84%
11 Jul 2014