Brief: AB Science Sets Issue Price Of 14.42 Euros Per New Share

AB Science SA

21/12/2020 07:06

Dec 21 (Reuters) - AB SCIENCE SA  ABS.PA :
    * AB SCIENCE ANNOUNCES THE SUCCESS OF ITS CAPITAL RAISE FOR
A
TOTAL AMOUNT OF 15 MILLION EUROS
    * THIS PRIVATE PLACEMENT TRIGGERS CONVERSION OF CONVERTIBLE
BONDS
ANNOUNCED ON OCTOBER 29, 2020 WITH A NOMINAL VALUE OF 4.5
MILLION EUROS
    * WILL ALLOW AB SCIENCE TO STRENGTHEN FINANCIAL POSITION IN
ORDER
TO FUND DEVELOPMENT OF CLINICAL RESEARCH PROGRAM AND INCREASE
FINANCING RUNWAY BEYOND NEXT 12 MONTHS
    * NEW SHARES WILL BE ADMITTED TO TRADING ON EURONEXT PARIS
UPON
THEIR SETTLEMENT AND DELIVERY EXPECTED TO OCCUR ON OR ABOUT
DECEMBER 31, 2020
    * ISSUE PRICE OF ONE NEW SHARE IS 14.42 EUROS, ISSUE PREMIUM
INCLUDED

Source text for Eikon:  ID:nGNE102JVR 
Further company coverage:  ABS.PA 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))