Share issue
2020
Oncopeptides has completed a directed share issue raising approximately SEK 1,414 million (USD 144 M)
May 6, 2020 – Regulatory press release
Oncopeptides AB (publ) announces that the Company has successfully completed a directed share issue raising approximately SEK 1,414 million (USD 144 M) in gross proceeds.
The board of directors of Oncopeptides has, based on the issue authorization granted by the extraordinary general meeting on December 17, 2019, and as indicated in the Company’s press release on May 5, 2020, resolved on a directed share issue of 12,295,000 new shares (the “New Shares”) at a subscription price of SEK 115 per share (the “Directed Share Issue”), which means that the Company will receive gross proceeds of approximately SEK 1,414 million (approximately USD 144 million). Due to high demand, the gross proceeds in the Directed Share Issue were increased from the SEK 1,180 million indicated in the Company’s press release on May 5, 2020.