Brief: Sygnis plans to issue new shares
17/11/2015 11:09
Nov 17 (Reuters) - Sygnis AG LIO1k.DE :
* Plans to issue new shares to finance further growth and
commercialization of proprietary product portfolio
* Cash capital increase by way of a rights offering of up to
3,855,694 new shares and targeted gross proceeds of 6.7 million
euros ($7.15 million)
* Proceeds used to progress product portfolio,
commercialization of product pipeline and expansion of customer
base worldwide and other purposes
* Subscription price per new share is 1.90 euros
* Major shareholder Genetrix S.L., Spain, committed to
contribute 600,000 euros in kind by swapping its shareholder
loan into equity
* Aims to generate gross proceeds of 6.7 million euros from
cash capital increase, not including 0.6 million euros loan
contribution
Source text for Eikon: ID:nEQ1XP2ssa
Further company coverage: LIO1k.DE
($1 = 0.9376 euros)
(Gdynia Newsroom)
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