Brief: Aquaporin Initiates Rights Issue

Aquaporin A/S

05/04/2024 09:36

April 5 (Reuters) - Aquaporin A/S  AQP.CO :
    * AQUAPORIN PUBLISHES PROSPECTUS AND INITIATES RIGHTS ISSUE
    * SUBSCRIPTION PRICE OF DKK 14 PER NEW SHARE
    * RESOLVED TO INITIATE A RIGHTS ISSUE WITH PRE-EMPTIVE
SUBSCRIPTION RIGHTS FOR COMPANY'S EXISTING SHAREHOLDERS ALLOWING
FOR SUBSCRIPTION OF UP TO 14,594,872 NEW SHARES
    * OFFERING IS MADE AT A SUBSCRIPTION RATIO OF 4:3, MEANING
THAT
EACH OF SHAREHOLDERS WILL BE ALLOCATED 4 PRE-EMPTIVE RIGHTS PER
EXISTING SHARE HELD, AND THAT 3 PRE-EMPTIVE RIGHTS ARE REQUIRED
TO SUBSCRIBE FOR 1 NEW SHARE
    * OFFERING IS EXPECTED TO RAISE GROSS PROCEEDS TO COMPANY OF
ABOUT
DKK 204 MILLION

Source text for Eikon:  ID:nWkr77xGYH 
Further company coverage:  AQP.CO 

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