Brief: Aquaporin Resolves On Directed Issue For About DKK 70-75 Mln

Aquaporin A/S

21/02/2023 07:23

Feb 21 (Reuters) - Aquaporin A/S  AQP.CO :
    * SAID ON MONDAY CO TO ISSUE NEW SHARES IN DIRECTED ISSUE,
PRIVATE
PLACEMENT
    * TARGETS PROCEEDS OF AROUND DKK 70-75 MILLION
    * BOD HAS RESOLVED TO LAUNCH OFFERING OF NEW SHARES AT
MARKET
PRICE
    * TO BE COMPLETED AS PRIVATE PLACEMENT OF NEW SHARES
    * EXPECTS OFFERING TO FINANCE CO'S OPERATIONS FOR COMING
YEAR
    * 4 MEMBERS OF EXECUTIVE MANAGEMENT, 3 MEMBERS OF BOD OF CO
WILL
SUBSCRIBE FOR SHARES IN CONNECTION WITH OFFERING FOR AGGREGATE
AMOUNT OF ABOUT DKK 0.9 MILLION
    * BOD HAS DECIDED TO ISSUE WARRANTS TO MEMBERS OF EXECUTIVE
MANAGEMENT PARTICIPATING IN OFFERING

        
 Source text for Eikon:  urn:newsml:reuters.com:*:nRBB6SclLm
 Further company coverage:  AQP.CO  
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