March 23, 2018 / 6:14 AM / in 3 months

BRIEF-Mabion Obtains 174.8 Mln Zloty Financing Through Loan From Shareholder

* OBTAINS 174.8 MILLION ZLOTY FINANCING THROUGH LOAN FROM SHAREHOLDER

* TWITI INVESTMENTS LTD. (SHAREHOLDER) SELLS 1.9 MILLION OF CO SHARES VIA PRIVATE SUBSCRIPTION AND TRANSFERS PROCEEDS TO CO IN FORM OF LOAN

* TWITI INVESTMENTS LTD. SELLS 16 PERCENT STAKE IN CO AT 91 ZLOTYPER SHARE

* CO TO SPEND LOAN ON ENLARGEMENT OF RESEARCH AND DEVELOPMENT CENTRE AND DEVELOPMENT, COMMERCIALISATION OF MABION C20

* CO PLANS TO PAY BACK LOAN THROUGH NEW SHARE OFFERING OF 1.9 MILLION OF SHARES TO TWITI INVESTMENTS

* THE ISSUE PRICE OF THE NEW SHARES TO BE SET AT THE SALE PRICE OF EXISTING SHARES BY TWITI INVESTMENTS Source text for Eikon: Further company coverage: (Gdynia Newsroom)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below