February 14, 2020 / 1:19 PM / 4 days ago

BRIEF-Xlife Sciences To Execute Private Placement

Feb 14 (Reuters) - XLIFE SCIENCES AG:

* XLIFE SCIENCES AG: CAPITAL INCREASE ‘PRIVATE PLACEMENT’

* SHARE PRICE OF CHF 33.50.- (EUR 30.70.-, AVERAGE SHARE PRICE OVER 30 LAST TRADING DAYS, EUR/CHF AVERAGE RATE ESTV 1.0912)

* WILL DIRECT MORE INVESTMENTS TOWARDS EMPLOYEES IN RESEARCH AND DEVELOPMENT

* TO EXECUTE A “PRIVATE PLACEMENT” FROM AUTHORIZED CAPITAL, 260,000 SHARES Source text for Eikon: Further company coverage: (Gdansk Newsroom)

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