Brief: Promore Pharma To Carry Out Reverse Acquisition Of PMD Device Solutions

PMD Device Solutions AB

29/11/2023 08:05

Nov 29 (Reuters) - Promore Pharma AB  PROMO.ST :
    * PROMORE PHARMA AB INTENDS TO CARRY OUT A REVERSE
ACQUISITION OF
PMD DEVICE SOLUTIONS AB
    * INTENDS TO ACQUIRE ALL SHARES IN PMD FOR A PURCHASE PRICE
OF
APPROXIMATELY SEK 125 MILLION
    * PRIOR TO TRANSACTION, PMD PLANS TO CARRY OUT A PRIVATE
PLACEMENT
OF APPROXIMATELY SEK 26.5 MILLION THROUGH AN ISSUE OF SHARES
    * SUBSCRIPTION PRICE OF SEK 6.81 PER SHARE
    * FOLLOWING ISSUE OF CONSIDERATION SHARES AT EGMPROMORE'S
EXISTING
SHAREHOLDERS WILL HOLD APPROXIMATELY 2.3% OF SHARES IN COMPANY
    * FOLLOWING ISSUE OF CONSIDERATION SHARES AT EGM
SHAREHOLDERS OF
PMD WILL HOLD APPROXIMATELY 97.7% IN COMPANY

Source text for Eikon:  ID:nMFN9MYBxT 
Further company coverage:  PROMO.ST 

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