Brief: Medigene to issue new shares to settle Trianta milestone payment

Medigene AG

07/09/2017 17:01

Sept 7 (Reuters) - Medigene AG  MDG1k.DE  
    * Announces issuance and number of new shares to settle last 
Trianta milestone payment 
    * Says 2 million euro milestone payment for achievement of 
third milestone for Trianta acquisition will be settled by 
issuance of new shares 
    * Says to issue 182,335 new shares to former contributing 
shareholders of Medigene Immunotherapies GmbH 
    * Says with this third and final milestone payment, the 
total purchase price of approx. 10 million euros will have been 
entirely settled 
    * Says subscribers of new shares agreed to a lockup period 
of 14 months 
 
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