November 20, 2018 / 5:21 PM / a month ago

BRIEF-Santhera Calls EGM And Proposes Ordinary Share Capital Increase

Nov 20 (Reuters) - SANTHERA PHARMACEUTICALS HOLDING AG :

* SANTHERA CALLS EXTRAORDINARY GENERAL MEETING AND PROPOSES ORDINARY SHARE CAPITAL INCREASE TO RAISE APPROXIMATELY CHF 50 MILLION

* CAPITAL INCREASE TO BE EFFECTED BY WAY OF AN ACCELERATED BOOK BUILDING

* CAPITAL INCREASE TO FINANCE INITIAL PAYMENT OF USD 20 MILLION TO IDORSIA FOR RIGHTS TO VAMOROLONE

* CAPITAL INCREASE ALSO TO FINANCE DEVELOPMENT OF VAMOROLONE AND TO FUND ITS ONGOING ACTIVITIES

* WILL ISSUE 1,000,000 NEW REGISTERED SHARES TO IDORSIA FROM ITS EXISTING AUTHORIZED CAPITAL Source text for Eikon: Further company coverage: (Gdynia Newsroom)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below