Brief: Hofseth Biocare completes private placement of NOK 23.6 mln

Hofseth Biocare ASA

25/04/2016 06:12

April 25 (Reuters) - Hofseth Biocare ASA  HOFBC.OL : 
    * Said on Friday has completed private placement of 23.6 million Norwegian crowns ($2.86 
million) towards certain existing shareholders and external investors through issuance of 11.8 
million new shares at subscription price of 2 crowns per share 
    * Company has raised about 12.9 million crowns in cash and about 10.7 million crowns through 
conversion of debt 
 
 Source text for Eikon:  urn:newsml:reuters.com:*:nHUG6KNF3z 
     
 Further company coverage:  HOFBC.OL   
 
($1 = 8.2404 Norwegian crowns) 
 
 (Gdynia Newsroom) 
 ((Gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;))