Brief: Mithra Pharmaceuticals Sells Shares In Mayne Pharma

Mithra Pharmaceuticals SA

15/02/2024 07:38

Feb 15 (Reuters) - Mithra Pharmaceuticals SA  MITRA.BR :
    * MITHRA PHARMACEUTICALS SA SELLS SHARES IN MAYNE PHARMA
    * AS MAYNE PHARMA SHARES WERE PLEDGED TO THE SECURED LENDERS
OF
MITHRA, THE CASH PROCEEDS WILL BE HELD IN ESCROW BY APPOINTED
SECURITY AGENTS OF LENDERS
    * SHARES WERE SOLD AT A PRICE OF A$ 5.03 PER SHARE FOR
AGGREGATE
NET PROCEEDS OF A$ 12,129,551 (APPROX. EUR 12.8 MILLION)
    * SOLD ALL 4,221,815 SHARES IT HELD IN MAYNE PHARMA FOR EUR
C.12.8
MILLION

Further company coverage:  MITRA.BR 

 (Gdansk Newsroom)
 ((gdansknewsroom@thomsonreuters.com; + 48 58 7785110;))