Brief: Biotec Offers Up To 4.4 Mln New Shares In Private Placement

Arcticzymes Technologies ASA

14/06/2018 15:36

June 14 (Reuters) - Biotec Pharmacon ASA  BIOTEC.OL :
    * BIOTEC - CONTEMPLATED PRIVATE PLACEMENT
    * IS OFFERING UP TO 4,390,000 NEW SHARES EACH WITH A PAR
VALUE OF
NOK 1.00
    * TO IDENTIFY NON-ORGANIC AND COMPLEMENTARY GROWTH
OPPORTUNITIES
IN ARCTICZYMES, COMPANY NEEDS DEDICATED RESOURCES
    * DOES NOT INTEND TO INCREASE PRESSURE FOR WOULGAN GEL, BUT
WILL
ACCELERATE DEVELOPMENT OF A DRY-LAYER FORMULATION

Source text for Eikon:  ID:nWkr1DPCJL 
Further company coverage:  BIOTEC.OL 

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