Brief: Inno-Gene: Net Profit From Genomic Map Of Poland Project Estimated At 15-20 Mln Zlotys

Hyenergy SA

29/10/2018 09:30

Oct 29 (Reuters) - INNO-GENE SA  IGNP.WA :
    * SAYS CENTRAL EUROPE GENOMICS CENTER SP. Z O.O. (COMPANY, CEGC) ESTIMATES
NET
PROFIT FROM GENOMIC MAP OF POLAND (GENOMICZNA MAPA POLSKI) PROJECT AT 15 MILLION
ZLOTYS - 20 MILLION ZLOTYS
    * SAYS NET PROFIT FROM PROJECT TO BE PAID OUT TO CO'S (COMPANY, CEGC)
SHAREHOLDERS
THROUGH DIVIDENDS
    * ON OCT 22 INNO-GENE INFORMED THAT ITS AFFILIATE (COMPANY, CEGC) WON TENDER
FOR
GENOMIC MAP OF POLAND
    * PROJECT'S TIME ESTIMATED BETWEEN 15 AND 20 MONTHS, 80% OF WORKS TO BE DONE
WITHIN FIRST 10 MONTHS 
    * INNO-GENE OWNS 41.1% IN THE AFFILIATE

Source text for Eikon:  ID:nEMbq3PTFa 
Further company coverage:  IGNP.WA 

 (Gdynia Newsroom)
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))