March 11, 2020 / 6:20 PM / a month ago

BRIEF-Bioporto A/S To Initiate Rights Issue To Subscribe For Up To 24.99 Mln New Share

March 11 (Reuters) - Bioporto A/S:

* REG-PROGRESS UPDATE ON BIOPORTO’S ACTIVITIES TO STRENGTHEN ITS FINANCIAL POSITION

* BIOPORTO A/S - TO INITIATE A RIGHTS ISSUE TO SUBSCRIBE FOR UP TO 24.99 MILLION NEW SHARES RATHER THAN TO COMPLETE A PRIVATE PLACEMENT OF NEW SHARES

* BIOPORTO A/S - WITH A SUBSCRIPTION PRICE OF DKK 2.20 PER SHARE, GROSS PROCEEDS FROM ISSUE COULD TOTAL UP TO APPROXIMATELY DKK 55 MILLION Source text for Eikon: Further company coverage:

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