Brief: Promore Pharma Intends To Carry Out A Fully Secured Rights Issue

PMD Device Solutions AB

07/05/2021 09:59

May 7 (Reuters) - Promore Pharma AB  PROMO.ST :
    * PROMORE PHARMA AB INTENDS TO CARRY OUT A FULLY SECURED
RIGHTS
ISSUE IN ORDER TO IMPLEMENT THE NEW STRATEGY
    * RESOLVED TO CARRY OUT A RIGHTS ISSUE WITH PREFERENTIAL
RIGHTS
FOR COMPANY'S EXISTING SHAREHOLDERS OF SEK 48.6 MILLION BEFORE
TRANSACTION COSTS ( "RIGHTS ISSUE") FOR PURPOSE OF IMPLEMENTING
NEW STRATEGY THAT WAS COMMUNICATED ON MARCH 31, 2021.
    * SUBSCRIPTION PRICE AMOUNTS TO SEK 2.00 PER NEW SHARE.
    * SUBSCRIPTION PERIOD FOR RIGHTS ISSUE IS JUNE 3 - 17, 2021
    * FOR EACH (1) SHARE IN COMPANY HELD ON RECORD DATE ON JUNE
1,
2021, A SUBSCRIPTION RIGHT WILL BE RECEIVED.
    * THROUGH RIGHTS ISSUE, PROMORE, UPON FULL SUBSCRIPTION,
WILL
RECEIVE APPROXIMATELY SEK 48.6 MILLION BEFORE ISSUING COSTS.

Source text for Eikon:  ID:nMFN2bgSpX 
Further company coverage:  PROMO.ST 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))