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BRIEF-Medigene to issue new shares to settle Trianta milestone payment
September 7, 2017 / 4:07 PM / 3 months ago

BRIEF-Medigene to issue new shares to settle Trianta milestone payment

Sept 7 (Reuters) - Medigene AG

* Announces issuance and number of new shares to settle last Trianta milestone payment

* Says 2 million euro milestone payment for achievement of third milestone for Trianta acquisition will be settled by issuance of new shares

* Says to issue 182,335 new shares to former contributing shareholders of Medigene Immunotherapies GmbH

* Says with this third and final milestone payment, the total purchase price of approx. 10 million euros will have been entirely settled

* Says subscribers of new shares agreed to a lockup period of 14 months Source text for Eikon: Further company coverage:

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