June 24, 2020 / 8:48 PM / 18 days ago

BRIEF-Photocure raises NOK 190 mln in share issue

June 24 (Reuters) - Photocure ASA:

* HAS ALLOCATED 2,500,000 SHARES AT A SUBSCRIPTION PRICE OF NOK 76 PER SHARE, RAISING GROSS PROCEEDS OF NOK 190 MILLION

* PRIVATE PLACEMENT ATTRACTED VERY STRONG INTEREST FROM EXISTING SHAREHOLDERS, AS WELL AS FROM NEW HIGH QUALITY INSTITUTIONAL INVESTORS. PRIVATE PLACEMENT WAS MULTIPLE TIMES OVERSUBSCRIBED Source text for Eikon: Further company coverage: (Reporting By Terje Solsvik)

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