AB Science slides after capital increase

AB Science SA

24/04/2023 08:38

** Shares in AB Science  ABS.PA  are down 3.7% after it
announced on Monday a capital increase for 15 million euros 
($16.46 million)
    ** The issue price of the new shares has been set at 5.75
euros
    ** The proceeds of the capital increase will provide the
French pharmaceutical company with the additional resources
necessary to finance its activities over the next 12 months, it
said
    ** The stock is on track for its worst day since mid-March
    ** Including today's fall the stock has dropped by 12.55%
YTD​


($1 = 0.9114 euros)

 (Reporting by Lina Golovnya)
 ((lina.golovnya@thomsonreuters.com))