April 4, 2018 / 3:49 PM / 6 months ago

BRIEF-OncoArendi Therapeutics Allots 2 Mln Shares At 29 Zlotys/Shr

April 4 (Reuters) - ONCOARENDI THERAPEUTICS SA IPO-ORT.WA:

* SAYS IT ALLOCATED 2 MILLION SERIES F SHARES, SO THAT 140,000 OF OFFERED SHARES WERE ALLOTTED TO INDIVIDUAL INVESTORS AND 1,860,000 OF SHARES WERE ALLOTTED TO INSTITUTIONAL INVESTORS

* INDIVIDUAL INVESTORS SUBSCRIBED FOR 276,916 SHARES, SO THIS ALLOTMENT OF SHARES HAD AVERAGE REDUCTION RATE OF 49.44%

* ISSUE PRICE FOR COMPANY’S SHARES IN IPO WAS SET AT 29 ZLOTYS PER SHARE

Further company coverage: (Gdynia Newsroom)

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