Brief: Advicenne Raises 27 Million Euros In IPO On Euronext Paris

Advicenne SA

05/12/2017 21:28

Dec 5 (Reuters) - ADVICENNE SA  ADVIC_w.PA : 
    * RAISES EUR 27 MILLION IN SUCCESSFUL IPO ON EURONEXT 
PARIS 
    * OFFERING PRICE SET AT 14.03 PER SHARE 
    * MARKET CAPITALISATION OF 112 MILLION UPON LISTING 
    * TOTAL DEMAND OF AROUND 28.2 MILLION 
    * PROCEEDS PRIMARILY FOR CONTINUING THE CLINICAL DEVELOPMENT 
OF 
ITS LEAD PRODUCT, ADV7103 
    * OFFERING HAS BEEN SUBSCRIBED 1.1 TIMES 
    * GRANTS GILBERT DUPONT GREENSHOE OPTION THAT CAN BE 
EXERCISED 
UNTIL JAN 4, 2018 
    * GREENSHOE OPTION FOR GILBERT DUPONT FOR 83,270 ADDITIONAL 
NEW 
SHARES WORTH ABOUT 1.17 MILLION 
 
Source text: http://bit.ly/2AyJH5l 
Further company coverage:  ADVIC_w.PA  
 
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