Brief: Iconovo Completes Share Issue Of SEK 75 Mln

Iconovo AB

02/07/2021 07:55

July 2(Reuters) - Iconovo AB  ICO.ST :
    * SAID ON THURSDAY RECEIVED SEK 75 MILLION BEFORE ISSUE
COSTS IN
DIRECRED SHARE ISSUE
    * INTENDS TO USE PROCEEDS FOR ACCELERATING AND
VALUE-CREATIONAL
DEVELOPMENT AND INITIATIVES CONNECTED TO LONG TERM STRATEGY
    * ABOUT 40% OF PROCEEDS TO BE USED TO BUILD VALUE CREATING
PORTFOLIO OF PROJECTS WITHIN STRATEGIC AREA INNOVATIVE
INHALATION PRODUCTS
    * ANOTHER ABOUT 40% TO BE USED FOR BUILDING AND SCALING UP
NORDIC
SALES OF PHARMACEUTICALS

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nMFN4502x6
    
 Further company coverage:  ICO.ST  
   


 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))