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BRIEF-Transgene launches capital increase by accelerated book-build offering
November 9, 2017 / 5:17 PM / a month ago

BRIEF-Transgene launches capital increase by accelerated book-build offering

Nov 9 (Reuters) - TRANSGENE SA:

* TRANSGENE LAUNCHES A CAPITAL INCREASE BY WAY OF AN ACCELERATED BOOK-BUILD OFFERING

* ‍CAPITAL INCREASE WITHOUT PREFERENTIAL SUBSCRIPTION RIGHTS THROUGH ISSUANCE OF UP TO 5,643,199 ORDINARY SHARES​

* ‍TO ISSUE OF UP TO 5,643,199 ORDINARY SHARES OF COMPANY, REPRESENTING APPROXIMATELY 10% OF EXISTING ISSUED SHARE CAPITAL​

* ‍GROSS PROCEEDS FROM TRANSACTION ARE EXPECTED TO BE APPROXIMATELY EUR 14 MILLION​

* ‍FUNDS RAISED WILL BE USED TO PURSUE CLINICAL AND PRECLINICAL DEVELOPMENT OF TRANSGENE‘S INNOVATIVE IMMUNOTHERAPIES​

* ‍ADMISSION TO TRADING OF NEW SHARES EXPECTED TO OCCUR ON NOVEMBER 14, 2017 ON EURONEXT IN PARIS​ Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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