Brief: HBM IPOs Of Instil Bio And Connect Biopharma Ups Net Asset Value By 1.5%

HBM Healthcare Investments AG

22/03/2021 05:48

March 22 (Reuters) - HBM HEALTHCARE INVESTMENTS AG  HBMN.S :
    * IPOS OF INSTIL BIO AND CONNECT BIOPHARMA INCREASE NET
ASSET
VALUE PER HBM SHARE BY CHF 4.55 (+1.5%)
    * HBM HEALTHCARE INVESTMENTS AG - INSTIL BIO RAISED USD 320
MILLION IN NEW CAPITAL BY ISSUING 16 MILLION SHARES AT A PRICE
OF USD 20.00 PER SHARE
    * HBM HEALTHCARE INVESTMENTS AG - ON FIRST DAY OF TRADING,
SHARE
PRICE ROSE TO USD 26.44 (+32.2%)

Source text for Eikon:  ID:nEQ9m9DcMa 
Further company coverage:  HBMN.S 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 6600;))