OctoPlus N.V.
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Publicatie datum
20 feb 2009 - 18:49
Statutaire naam
OctoPlus N.V.
Titel
OctoPlus successfully raises 6 million euro
Bericht
OctoPlus N.V. (“OctoPlus” or the “Company”) (Euronext: OCTO), announces today that it has successfully raised € 6.0 million through a private placement with institutional investors of 8.0 million new ordinary shares (the “Offering”).
Subject to certain conditions that are standard for this type of transaction, the new shares are expected to be issued and paid for on 24 February 2009. The total number of outstanding shares immediately following the settlement of the Offering is expected to be approximately 30.2 million. This number includes the 6.0 million new ordinary shares created through the conversion of the principal amount as well as the accrued but unpaid interest thereon of the convertible loans held by SR One and Life Sciences Partners. These two parties each granted OctoPlus a convertible loan of € 2 million in 2008.
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