Brief: Pharmena Plans Share Capital Increase, Moving Share Listing To Main Market Of WSE

Pharmena SA

06/07/2018 14:59

July 6 (Reuters) - Pharmena SA  PHR.WA :
    * MANAGEMENT RESOLVES TO MOVE LISTING OF ITS SHARES FROM THE NEWCONNECT
MARKET TO
THE MAIN MARKET OF THE WARSAW STOCK EXCHANGE
    * MANAGEMENT ALSO WANTS TO RAISE SHARE CAPITAL BY NO MORE THAN 0.3 MILLION
ZLOTYS
VIA SHARE ISSUE OF UP TO 2.6 MILLION OF SERIES E SHARES
    * SERIES E SHARES TO BE ISSUED VIA CLOSED SUBSCRIPTION, MANAGEMENT TO
RECOMMEND
ISSUE PRICE WITH AT LEAST A 20 PCT DISCOUNT TO MARKET VALUE OF THE SHARES TRADED
ON THE NEWCONNECT
    * THE PROCEEDS FROM SERIES E SHARES WILL BE USED AMONG OTHER TO FUND THE
LAUNCH OF
THE DIETARY SUPPLEMENTS INCLUDING 1-MNA ONTO EUROPEAN MARKETS AND THE
DEVELOPMENT OF NEW PRODUCTS BASED ON 1-MNA
    * THE MANAGEMENT PLANS TO CONVENE AN EXTRAORDINARY MEETING OF SHAREHOLDERS
TO VOTE
OVER THE ABOVE PLANS


Source text for Eikon:  ID:nEM5hrC74a 
Further company coverage:  PHR.WA 

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