Navamedic ASA: Completed Private Placement

Navamedic ASA: Completed Private Placement

ID: 115404

(Thomson Reuters ONE) -


Navamedic ASA has today completed a private placement of 750,000 shares at a
subscription price of NOK 12.08 per share. The increase in share capital has
been carried out in accordance with the authorization given by the company's
annual general meeting 14 April 2011.
The private placement was directed at the company's largest existing
shareholders. Total proceeds of the offer was NOK 9.060.000 The net proceeds
will be used to further develop the company's generics business area in line
with the company's strategy.
Allocation letters will be issued to subscribers having been allocated new
shares today, and payment for the allocated shares will take place on or about
24 February 2012. The share capital increase will be registered in the Norwegian
Register of Business Enterprises end of r about 29 February 2012, and the new
shares will be traded on Oslo Stock Exchange on or about 1 March 2012.
The share capital of Navamedic ASA following the registration of the share
capital increase in the Norwegian Register of Business Enterprises will be NOK
8,287,051 divided into 8,287,051 shares with par value NOK 1.00 per share.

Oslo, 16 February 2012
Navamedic ASA
For further information, please contact: Bjørn Lindholt, CFO, mobile:
+47 930 066 01

This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)







This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Navamedic ASA via Thomson Reuters ONE




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Datum: 16.02.2012 - 08:50 Uhr
Sprache: Deutsch
News-ID 115404
Anzahl Zeichen: 2087

contact information:
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Lysaker



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Business News



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For further information, please contact: Olof Milveden, CEO Navamedic ASA E-mail: om@navamedic.com Office: +46 31 335 11 90 Mobile: +46 733 46 37 36 Torbjørn Sannerstedt, CFO Navamedic ASA E-mail: tosa@navamedic.com Office: +46 31 335 11 90 ...

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