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MDG Medicalgorithmics SA News Story

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Brief: Medicalgorithmics Signs Annex To Loan Agreement With Biofund

April 27 (Reuters) - Medicalgorithmics SA MDG.WA:

SIGNS AMENDMENT TO LOAN AGREEMENT WITH BIOFUND REDUCING INTEREST RATE TO 14% FROM 18.5%AND REVOKING BIOFUND'S RIGHT TO COMMISSION FROM NEW CLIENT REVENUES

AGREES TO CONVERT 16.52 MILLION ZLOTYS OF DEBT INTO 500,620 NEW SHARES AT 33.00 ZLOTYS PER SHARE

SUBJECT TO SHAREHOLDER APPROVAL TO INCREASE SHARE CAPITAL BY 50,062 ZLOTYS

Source text: ID:nEM1Z493Qa

Further company coverage: MDG.WA

 (Reporting by Gdansk Newsroom)

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

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