Brief: Nicox Sells Its Remaining Stake In VISUfarma For 5 Million Euros

Nicox SA

10/07/2020 06:37

July 10 (Reuters) - NICOX SA  NCOX.PA :
    * NICOX STRENGTHENS CASH POSITION WITH DIVESTMENT OF ITS
VISUFARMA
SHAREHOLDING
    * TRANSACTION IS SUBJECT TO CERTAIN APPROVALS AND IS
EXPECTED TO
CLOSE ON OR BEFORE JULY 23
    * HAS SOLD ITS REMAINING STAKE IN VISUFARMA, A PAN-EUROPEAN
OPHTHALMIC SPECIALTY PHARMACEUTICAL COMPANY, TO A SUBSIDIARY OF
MAIN SHAREHOLDER, GHO CAPITAL, FOR EUR 5 MILLION
    * STAKE CONSISTED OF SHARES IN UK HOLDING COMPANY OF
VISUFARMA AND
LOAN NOTES GRANTED BY VISUFARMA B.V.

Source text for Eikon:  ID:nGNE8fGmFk 
Further company coverage:  NCOX.PA 

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