Brief: TopRight Nordic Makes Public Mandatory Offer To Shareholders And Warrant Holders In ChromoGenics

Topright Nordic AB (Publ)

03/03/2021 07:15

March 3 (Reuters) - TopRight Nordic AB  TOPR.NGM :
    * MAKES PUBLIC MANDATORY OFFER TO SHAREHOLDERS AND WARRANT
HOLDERS
IN CHROMOGENICS
    * OFFERS 1 SHARE IN TOPRIGHT FOR EACH 0.74 SHARE IN
CHROMOGENICS
AND 1 SHARE IN TOPRIGHT FOR EACH 1.94 WARRANT SERIES TO3 IN
CHROMOGENICS
    * ACCEPTANCE PERIOD TO RUN FROM APRIL 20, 2021 TO MAY 19,
2021
    * OFFER VALUES EACH SHARE IN CHROMOGENICS AT SEK 12 AND EACH
WARRANT OF THE TO3 SERIES AT ABOUT SEK 4.58
    * TOTAL VALUE OF OFFER AMOUNTS, UPON FULL ACCESSION, TO SEK
216,663,003.09 BASED ON CLOSING PRICE OF SEK 8.88 FOR TOPRIGHT'S
SHARE ON MARCH 2, 2021
    * OFFER FOR SHARES REPRESENTS PREMIUM OF 9.89% BASED ON
CLOSING
PRICES FOR CHROMOGENIC'S AND TOPRIGHT'S SHARES ON MARCH 2
    * OFFERS 1 SHARE IN TOPRIGHT FOR EVERY 0.74 SHARES IN
CHROMOGENICS
AND 1 SHARE IN TOPRIGHT FOR EVERY 1.94 WARRANTS OF SERIES TO3 IN
CHROMOGENICS

Source text for Eikon:  ID:nWkr7PMBcw 
Further company coverage:  TOPR.NGM 

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