Brief: Chordate Medical Holding Announces Outcome Of Rights Issue

Chordate Medical Holding AB (publ)

15/09/2020 16:07

Sept 15 (Reuters) - Chordate Medical Holding publ AB
 CMHM.NGM :
    * CHORDATE MEDICAL HOLDING PUBL AB ANNOUNCES OUTCOME OF NEW
ISSUE
    * RIGHTS ISSUE WITH PREFERENTIAL RIGHTS FOR EXISTING
SHAREHOLDERS
HAS BEEN COMPLETED AND 5,740,718 UNITS, CORRESPONDING TO AROUND
96% OF THE ISSUE, WERE SUBSCRIBED FOR WITH THE SUPPORT OF UNIT
RIGHTS
    * IN ADDITION, 21,228,086 UNITS WERE SUBSCRIBED FOR,
CORRESPONDING
TO AROUND 355% OF THE ISSUE, WITHOUT THE SUPPORT OF UNIT RIGHTS
    * IN TOTAL, THE RIGHTS ISSUE WAS OVERSUBSCRIBED BY AROUND
351%
    * BECAUSE THE CO ALSO CARRIED OUT A DIRECTED ISSUE IN
PARALLEL, CO
WILL RECEIVE AROUND SEK 30 MILLION BEFORE ISSUE COSTS

Source text for Eikon:  ID:nBQN9pMKfC 
Further company coverage:  CMHM.NGM 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))