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BRIEF-Biocartis Launches Equity Placement
November 28, 2017 / 3:40 PM / 18 days ago

BRIEF-Biocartis Launches Equity Placement

Nov 28 (Reuters) - Biocartis Group Nv:

* REG-BIOCARTIS GROUP NV: BIOCARTIS LAUNCHES EQUITY PLACEMENT

* ‍EQUITY OFFERING TO RAISE AN AMOUNT OF APPROXIMATELY EUR 60 MILLION BY MEANS OF A PRIVATE PLACEMENT VIA AN ACCELERATED BOOKBUILD OFFERING​

* ‍POSSIBILITY TO INCREASE SIZE OF OFFERING TO UP TO 8,933,950 NEW SHARES IN TOTAL​

* ‍BOOKBUILDING PROCEDURE WILL COMMENCE IMMEDIATELY​

* ‍TRADING IN BIOCARTIS SHARES ON EURONEXT BRUSSELS WILL BE SUSPENDED DURING BOOKBUILDING PERIOD​

* ‍J.P. MORGAN, DEGROOF PETERCAM, KBC SECURITIES AND KEMPEN ARE ACTING AS JOINT BOOKRUNNERS IN OFFERING​

* ‍ENVISAGES USING NET PROCEEDS TO FUND EXPANSION OF IDYLLA TEST MENU AND APPLICATIONS​

* ‍TRADING IN STOCK IS EXPECTED TO RESUME FOLLOWING PUBLICATION OF RESULTS OF OFFERING​ Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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