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Bionor Pharma ASA announces warrant exercise

By GlobeNewswire,  December 01, 2016, 02:30:00 AM EDT


BIONOR PHARMA ASA

STOCK EXCHANGE ANNOUNCEMENT

(Oslo, Norway, 23 November 2016)

 

Reference is made to the resolution by the EGM on 11 February 2016 to issue warrants to participants in the private placement and subsequent offering completed on 10 March 2016. The exercise price for the warrants is NOK 0.71 per share. The warrants expired on 30 November 2016. The Company received exercise of a total of 8624 warrants within the expiry of the exercise period and will accordingly proceed to issue 8,624 new shares at a subscription price of NOK 0.71 per share. The share capital of the Company will be increased by NOK 862.40 as a consequence of the warrant exercise.

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

 

Further information

Einar J. Greve
Chairman of the Board, Bionor Pharma ASA E-mail: ejg@cipriano.no Cell Phone: +47 900 27 766

Unni Hjelmaas Acting Chief Executive Officer, Bionor Pharma ASA E-mail: uh@bionorpharma.com Cell Phone: +47 915 19 651

Bionor_SEA20161201_WarrantExercise





This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.

The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Bionor Pharma ASA via Globenewswire



This article appears in: News Headlines


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