October 5, 2016 / 3:57 PM / a year ago

BRIEF-Probiodrug intends to issue up to 744,248 new shares

Oct 5 (Reuters) - Probiodrug AG :

* Intends to issue up to 744,248 new shares

* To increase share capital of company by 744,248 euros, from 7,442,487 euros($8.33 million)to 8,186,735 euros, against cash contribution

* Probiodrug launches capital increase by means of an accelerated bookbuild offering

* New shares represent up to approximately 10% of company’s issued share capital

* Offering will take place by means of an accelerated bookbuilding Source text for Eikon: Further company coverage: ($1 = 0.8932 euros) (Gdynia Newsroom)

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