Brief: Bionaturis cancels share capital increase announced on May 22

Biotechnology Assets SA

25/11/2015 07:40

Nov 25 (Reuters) - Bioorganic Research and Services SA 
 BNT.MC : 
    * Said on Tuesday that its board agreed to cancel a share 
capital increase resolution adopted at the meeting on May 14 and 
announced on May 22 and June 3 
    * The board agreed to cancel the subscription orders that 
had been issued during the preferential subscription period, and 
to return contributions made by those investors who expressed 
their willingness to take part in the capital increase 
    * This decision has no impact on the current budget of the 
company for 2015 
    * The capital increase cancellation has no impact on the 
process of acquisition of Inveready Biotech II unit under the 
terms of the letter of intent dated Oct. 7      
 
     
 Source text: http://bit.ly/1N7gICF 
     
 Further company coverage:  BNT.MC   
    
 
 
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