Brief: ChromoGenics Conducts Rights IssueFor SEK 100.6 Mln

ChromoGenics AB

07/02/2020 08:43

Feb 7 (Reuters) - ChromoGenics AB  CHRO.ST :
    * CHROMOGENICS CONDUCTS RIGHTS EMISSION FOR SEK 100.6
MILLION
    * DECIDED TO CONDUCT A NEW SHARE ISSUE OF APPROXIMATELY SEK
100.6
MILLION WITH PREFERENTIAL RIGHTS FOR EXISTING SHAREHOLDERS
    * PROCEEDS FROM ISSUE ARE PRIMARILY INTENDED TO FINANCE
COMPANY'S
ONGOING MARKET ESTABLISHMENT OF CONVERLIGHT(®), INVESTMENTS AND
LOAN-RELATED PAYMENTS
    * RIGHTS ISSUE IS INTENDED TO FINANCE COMPANY'S ONGOING
MARKET
ESTABLISHMENT OF CONVERLIGHT(®), INVESTMENTS AND LOAN-RELATED
PAYMENTS
    * ISSUE PRICE IS SEK 0.25 PER NEWLY ISSUED SHARE. PAYMENT IS
MADE
IN CASH
    * SUBSCRIPTION PERIOD FOR RIGHTS ISSUE IS FEBRUARY 19-MARCH
4,
2020

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

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