Zealand Pharma announces private placement and directed issue of new shares with expected gross proceeds of DKK 559.6 million
Zealand Pharma A/S - American Depositary Shares (ZEAL)
Last zealand pharma a/s - american depositary shares earnings: 11/15 04:01 pm
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zealandpharma.com
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Source: GlobeNewswire
Company announcement – No. 30 / 2019 A total of 3,975,000 new shares (the "New Shares") have been subscribed for with expected gross proceeds of approx. DKK 559.6 million The private placement and directed share issue to existing shareholder Van Herk Investments B.V follows recent positive developments in Zealand Pharma’s product pipeline The additional funding will be used to continue supporting Zealand Pharma’s peptide platform, accelerate ongoing development of late stage assets, and prepare for the launch of the company’s first fully-owned asset Copenhagen, September 5, 2019 – Zealand Pharma A/S (“Zealand”) (NASDAQ: ZEAL) (CVR-no. 20 04 50 78), a Copenhagen-based biotechnology company focused on the discovery and development of innovative peptide-based medicines, announces a private placement and directed share issue to Van Herk Investments B.V of 3,975,000 New Shares, each of a nominal value of DKK 1, at a subscription price of DKK 140.79 per New Share (the "
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