April 29, 2018 / 8:31 PM / 23 days ago

BRIEF-Genovis to issue 2.8 mln shares to a small group of investors

April 29 (Reuters) - Genovis AB:

* GENOVIS CARRIES OUT DIRECTED SHARE ISSUE TO RAISE SEK 10.1 MILLION FOR THE COMPANY

* BOARD HAS RESOLVED TO CARRY OUT A DIRECTED SHARE ISSUE OF 2.8 MILLION SHARES TO A SMALL GROUP OF QUALIFIED INVESTORS

* SUBSCRIPTION PRICE HAS BEEN SET AT SEK 3.60 PER SHARE

* COMPANY WILL RAISE PROCEEDS OF SEK 10.1 MILLION BEFORE TRANSACTION COSTS, WHICH ARE ESTIMATED AT SEK 600 THOUSAND Source text for Eikon: Further company coverage:

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