Brief: CytoTools To Propose Ordinary Capital Increase

bioXXmed AG

29/06/2021 12:08

June 29 (Reuters) - CYTOTOOLS AG  T5OG.DE :
    * WILL PROPOSE AN ORDINARY CAPITAL INCREASE TO THE GENERAL
MEETING
    * THE SUBSCRIPTION PRICE SHOULD BE EUR 9.93 PER NEW SHARE
    * THE SHAREHOLDERS ARE TO BE GRANTED SUBSCRIPTION RIGHTS AT
A
RATIO OF 5: 1 (FIVE OLD SHARES EACH GRANT A SUBSCRIPTION RIGHT
TO ONE NEW SHARE)
    * COMPANY'S SHARE CAPITAL IS TO BE INCREASED AGAINST CASH
CONTRIBUTIONS BY ISSUING UP TO 805,600 NEW NO-PAR VALUE BEARER
SHARES WITH DIVIDEND ENTITLEMENT FROM 01.01.2021
    * THE PROCEEDS FROM THE ISSUE WOULD BE USED TO DRIVE FURTHER
PRODUCT DEVELOPMENT AND COVER THE COSTS OF ONGOING BUSINESS
OPERATIONS.

Source text for Eikon:  ID:nEQ23JlKda 
Further company coverage:  T5OG.DE 

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