June 15, 2020 / 3:59 PM / a month ago

BRIEF-Medincell Launches Capital Increase Of 11 Millions Euros

June 15 (Reuters) - MEDINCELL SA:

* LAUNCHES A CAPITAL INCREASE OF A MINIMUM OF 11 M€

* ONE OR MANY EXISTING SHAREHOLDERS INTEND TO SUBSCRIBE TO THIS OFFER FOR APPROXIMATELY 8 M€

* NUMBER OF SHARES TO ISSUE, OF A NOMINAL VALUE OF €0.01, WILL IN ANY EVENT BE LIMITED TO 10% OF NUMBER OF SHARES CURRENTLY ADMITTED TO TRADING

* THE SHARE’S ISSUE PRICE OF OFFER WILL BE AT LEAST EQUAL TO VOLUME-WEIGHTED AVERAGE SHARE PRICE FOR LAST 10 TRADING SESSIONS PRECEDING THE SETTING OF ISSUE PRICE Source text for Eikon: Further company coverage: (Gdansk Newsroom)

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