Brief: Hofseth Biocare cancels subsequent offering

Hofseth Biocare ASA

26/05/2016 12:25

May 26 (Reuters) - Hofseth Biocare ASA  HOFBC.OL : 
    * Board of Directors decided to withdraw its proposal for subsequent offering 
    * Says the company's existing shareholders have been able to neutralize dilutive effect of 
share issue, which was adopted on April 22, by buying shares in open market at price below 
subscription price of 2.00 Norwegian crowns per share 
 
Source text for Eikon:  ID:nHUGc5BY8X  
Further company coverage:  HOFBC.OL  
 
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