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Neuren Pharmaceuticals Ltd Completes New Share Placement Of $21.5 Million

Tuesday, 22 Oct 2013 02:00am EDT 

Neuren Pharmaceuticals Ltd announced that it has completed a placement of new shares to professional and sophisticated investors at $0.115 per share, providing additional capital of $21.5 million. The placement was heavily over-subscribed, an indication of the strong support from international and domestic institutional investors. Neuren also intends to offer a Share Purchase Plan at $0.115 per share, capped at $3 million, to shareholders registered at 7pm AEST on October 18, 2013. 

Company Quote

19 Dec 2014