Brief: Biotec Raises NOK 23 Mln From Private Placement

Arcticzymes Technologies ASA

15/06/2018 06:41

June 15(Reuters) - Biotec Pharmacon  BIOTEC.OL :
    * SAID ON THURSDAY PRIVATE PLACEMENT HAD BEEN SUCCESSFULLY
COMPLETED, RAISING GROSS PROCEEDS OF NOK 23 MILLION AT A
SUBSCRIPTION PRICE OF NOK 5.25 PER SHARE
    * SAID NO SUBSEQUENT "REPAIR OFFERING" IS CONTEMPLATED
    * SETTLEMENT OF THE ALLOCATED OFFER SHARES IS EXPECTED TO
TAKE
PLACE ON A DELIVERY VERSUS PAYMENT BASIS ON OR ABOUT 19 JUNE
2018

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nWkr1WYbRz
    
 Further company coverage:  BIOTEC.OL  
   


 (Gdynia Newsroom)
 ((Gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))