March 9, 2018 / 10:03 AM / in 3 months

BRIEF-OncoArendi Therapeutics Plans IPO In March/April

March 9 (Reuters) - ONCOARENDI THERAPEUTICS SA IPO-ORT.WA:

* PLANS INITIAL PUBLIC OFFERING IN MARCH/APRIL

* UNDER OFFER COMPANY WILL ISSUE NO LESS THAN 500,000 AND NO MORE THAN 2 MILLION NEW SHARES

* INTENDS TO ALLOCATE ABOUT 90% OF OFFERED SHARES TO INSTITUTIONAL INVESTORS AND ABOUT 10% TO RETAIL INVESTORS

* TRIGON DOM MAKLERSKI IS INTERMEDIARY IN OFFER

* COMPANY SPECIALIZES IN DEVELOPMENT AND COMMERCIALIZATION OF NEW DRUGS USED IN TREATMENT OF CANCERS AND RESPIRATORY DISEASES

* INFORMED ABOUT PLANNED DEBUT ON WARSAW STOCK EXCHANGE IN DEC, 2017

Source text: bit.ly/2HfVjfx

Further company coverage: (Gdynia Newsroom)

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