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BRIEF-Diamyd Medical's rights issue oversubscribed
May 30, 2017 / 12:21 PM / 7 months ago

BRIEF-Diamyd Medical's rights issue oversubscribed

May 30 (Reuters) - DIAMYD MEDICAL AB:

* PRESS RELEASE - DIAMYD MEDICAL‘S RIGHTS ISSUE OVERSUBSCRIBED

* DIAMYD MEDICAL ANNOUNCED TODAY THAT COMPANY‘S NEW ISSUE HAS BEEN SUBSCRIBED TO 129 %

* ‍IN TOTAL, DIAMYD MEDICAL WILL RECEIVE PROCEEDS OF SEK 88.8 MILLION BEFORE ISSUE COSTS​

* DUE TO OVERSUBSCRIPTION, BOARD HAS DECIDED TO UTILIZE AVAILABLE OVER-ALLOTMENT OF MSEK 20 IN ITS ENTIRETY THROUGH A SEPARATE DIRECT ISSUE OF 5 714 286 UNITS Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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