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MDG Medicalgorithmics SA News Story

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Brief: Medicalgorithmics Receives 33 Zloty Per Share Conversion Offer From Biofund

Jan 21 (Reuters) - Medicalgorithmics SA MDG.WA:

RECEIVES OFFER FROM BIOFUND CAPITAL MANAGEMENT LLC TO CONVERT LOAN INTO SHARES

BIOFUND OFFERS TO CONVERT DEBT AT ISSUE PRICE OF 33 ZLOTYS PER SHARE

CONVERSION REQUIRES INDEPENDENT VALUATION TO CONFIRM MARKET NATURE OF TRANSACTION

MANAGEMENT WILL COMMISSION THIRD PARTY TO PREPARE FAIRNESS OPINION REGARDING TRANSACTION PRICE

Source text: ID:nEM72Hwgva

Further company coverage: MDG.WA

 (Reporting by Gdansk Newsroom)

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

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