Brief: Formycon Says Following Capital Increase, Gedeon Richter Will Hold About 9.08% Of Company's Share Capital

Richter Gedeon Vegyeszeti Gyar Nyrt

30/01/2024 07:08

Jan 30 (Reuters) - Formycon Ag  FYB.DE :
    * EQS-ADHOC: FORMYCON RESOLVES ON CASH CAPITAL INCREASE OF
EUR
82.84 MILLION – ALL NEW SHARES WERE SUBSCRIBED BY GEDEON RICHTER
AS NEW STRATEGIC INVESTOR
    * FORMYCON - NET PROCEEDS FROM CAPITAL INCREASE WILL
PRIMARILY BE
USED FOR FURTHER DEVELOPMENT OF FORMYCON'S EXISTING BIOSIMILAR
PIPELINE
    * FOLLOWING CAPITAL INCREASE, GEDEON RICHTER WILL HOLD ABOUT
9.08%
OF COMPANY'S SHARE CAPITAL

Source text: http://tinyurl.com/3dnm66v5
Further company coverage:  FYB.DE 

 ((Reuters.Briefs@thomsonreuters.com;))