Brief: Medincell Launches Capital Increase Of 11 Millions Euros

Medincell SA

15/06/2020 16:54

June 15 (Reuters) - MEDINCELL SA  MEDCL.PA :
    * LAUNCHES A CAPITAL INCREASE OF A MINIMUM OF 11 M€
    * ONE OR MANY EXISTING SHAREHOLDERS INTEND TO SUBSCRIBE TO
THIS
OFFER FOR APPROXIMATELY 8 M€
    * NUMBER OF SHARES TO ISSUE, OF A NOMINAL VALUE OF €0.01,
WILL IN
ANY EVENT BE LIMITED TO 10% OF NUMBER OF SHARES CURRENTLY
ADMITTED TO TRADING
    * THE SHARE’S ISSUE PRICE OF OFFER WILL BE AT LEAST EQUAL TO
VOLUME-WEIGHTED AVERAGE SHARE PRICE FOR LAST 10 TRADING SESSIONS
PRECEDING THE SETTING OF ISSUE PRICE

Source text for Eikon:  ID:nNDL2Q87Hc 
Further company coverage:  MEDCL.PA 

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