Brief: Peptonic To Exercise Loan Option Of SEK 7.5 Mln With Vidarstiftelsen

Peptonic Medical AB

09/11/2020 15:26

Nov 9 (Reuters) - Peptonic Medical AB  PMED.TE :
    * PEPTONIC TO EXERCISE LOAN OPTION OF 7.5 MSEK WITH
VIDARSTIFTELSEN
    * LOAN SHALL BE PAID OUT UPON COMPANY'S REQUEST DURING
PERIOD 1
NOVEMBER 2020 TO 28 FEBRUARY 2021.
    * POTENTIAL CONVERSION OF LOAN TO BE CARRIED OUT THROUGH
DIRECTED
SHARE ISSUE TO VIDARSTIFTELSEN WHERE PAYMENT FOR NEW SHARES IS
MADE BY WAY OF SET-OFF AGAINST LOAN AMOUNT
    * LOAN SHALL BE REPAID NO LATER THAN OCT 31, 2021, UNLESS
EITHER
PARTY HAS REQUESTED CONVERSION OF LOAN TO SHARES BEFORE THAT

Source text for Eikon:  ID:nWkrYdsHK 
Further company coverage:  PMED.TE 

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