Brief: ChromoGenics Buys Machinery Equipment, Decides On Rights Issue

ChromoGenics AB

30/05/2019 13:03

May 30 (Reuters) - ChromoGenics AB  CHRO.ST :
    * CHROMOGENICS ACQUIRES MACHINERY EQUIPMENT AND DECIDES ON A
RIGHTS ISSUE OF APPROXIMATELY SEK 86 MILLION
    * WILL CARRY OUT A RIGHTS ISSUE, SUBJECT TO APPROVAL BY AN
EXTRAORDINARY GENERAL MEETING ON JUNE 18.
    * TO ACQUIRE MACHINERY EQUIPMENT FROM GERMAN COMPANY
HÖRMANN-VERWERTUNGEN GMBH & CO
    * LETTER OF INTENT HAS BEEN SIGNED WITH ÅNGSTRÖM LABORATORY
FOR
COLLABORATION AND JOINT OPERATION OF ONE DEVELOPMENT MACHINE
    * PURCHASE PRICE AMOUNTS TO APPROXIMATELY EUR 5.25 MILLION
    * ISSUE OF A MAXIMUM OF 172,755,980 SHARES.

Source text for Eikon:  ID:nWkr1q5CV5 
Further company coverage:  CHRO.ST 

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