Medivir completes placing to raise SEK 224.5 million

13 Feb 2007 | News | Update from University of Warwick
These updates are republished press releases and communications from members of the Science|Business Network

Medivir AB said it completed a placing with existing shareholders raising SEK 224.5 million (Euros24.5 million) before costs. The issue was fully subscribed, with 99.3 percent of the shares taken up by those with preferential rights.

Following the fundraising there are 660, 000 class A shares and 20 million class B shares in issue.

The new shares will be traded on the Nordic list of the Stockholm Stock Exchange from 28th February 2007.

Never miss an update from Science|Business:   Newsletter sign-up