Brief: Celyad Announces Pricing of $20.0 Million Global Offering
12/09/2019 14:49
Sept 12 (Reuters) - CELYAD SA CYAD.BR :
* CELYAD ANNOUNCES PRICING OF $20.0 MILLION GLOBAL OFFERING
* PRICING OF GLOBAL OFFERING OF 2,000,000 ORDINARY SHARES,
COMPRISED OF 1,717,391 ORDINARY SHARES IN FORM OF AMERICAN
DEPOSITARY SHARES (“ADSS”) OFFERED IN UNITED STATES, CANADA AND
CERTAIN COUNTRIES OUTSIDE OF EUROPE
* GROSS PROCEEDS TO CELYAD FROM THE GLOBAL OFFERING ARE
EXPECTED
TO BE APPROXIMATELY $20.0 MILLION
* THE CLOSING OF THE GLOBAL OFFERING IS EXPECTED TO OCCUR ON
SEPTEMBER 16, 2019, AND IS SUBJECT TO CUSTOMARY CLOSING
CONDITIONS.
* PRICE PER ADS OF $10.00 (THE “U.S. OFFERING”), AND 282,609
ORDINARY SHARES IN EUROPE AND CERTAIN COUNTRIES OUTSIDE OF
UNITED STATES AND CANADA IN CONCURRENT PRIVATE PLACEMENT AT
PRICE PER SHARE OF €9.08
* IN CONNECTION WITH GLOBAL OFFERING, CELYAD HAS GRANTED
UNDERWRITERS A 30-DAY OPTION TO PURCHASE UP TO AN ADDITIONAL
300,000 ORDINARY SHARES (WHICH MAY BE IN THE FORM OF ADSS) ON
SAME TERMS AND CONDITIONS
Source text for Eikon: ID:nGNX2RfldG
Further company coverage: CYAD.BR
(Gdynia Newsroom)
((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))