Brief: Obseva To Increase Issued Share Capital

Obseva SA

18/07/2019 06:18

July 18 (Reuters) - OBSEVA SA  OBSN.S :
    * OBSEVA TO INCREASE ISSUED SHARE CAPITAL BY CREATING
ADDITIONAL
TREASURY SHARES
    * NEW SHARES, TO BE ISSUED OUT OF COMPANY'S AUTHORIZED
CAPITAL,
WILL BE FULLY SUBSCRIBED FOR BY OBSEVA USA INC
    * NEW SHARES TO BE LISTED ON SIX SWISS EXCHANGE ON OR AROUND
JULY
23, 2019
    * TRANSACTION HAS BEEN DECIDED TO PROVIDE GROUP WITH
ADDITIONAL
TREASURY SHARES THAT CAN BE USED IN FUTURE TO RAISE FUNDS IN AN
EFFICIENT MANNER
    * BOARD OF DIRECTORS APPROVED AN INCREASE OF ITS SHARE
CAPITAL
FROM 45,491,616 TO 48,555,664
    * TO ISSUE 3,064,048 NEW REGISTERED SHARES AT AN ISSUE PRICE
OF
1/13 OF A SWISS FRANC EACH

Source text for Eikon:  ID:nGNX98bJJq 
Further company coverage:  OBSN.S 

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