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BioPorto — Capital/Financing Update 2013
Sep 12, 2013
3424_iss_2013-09-12_3e473f01-343b-4e74-a078-24bee8f4605e.pdf
Capital/Financing Update
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September 12, 2013 Announcement no. 35
Reduction of convertible bonds and adjustment of conversion price
Reduction of aggregate principal amount of convertible bonds
Further to company announcement no. 34 of September 12, 2013 regarding completion of rights issue, BioPorto A/S hereby informs that the aggregate principal amount of the convertible bonds issued by BioPorto A/S has been reduced by DKK 2,100,000. Following the reduction the number of convertible bonds amounts to 76 convertible bonds of DKK 150,000 each, equal to an aggregate principal amount of DKK 11,400,000. BioPorto A/S expects to redeem the remaining convertible bonds when they fall due on September 20, 2013.
Adjustment of conversion price
In accordance with the terms of the convertible bonds, the conversion price of the convertible bonds is adjusted as a consequence of the rights issue which has been effected at a discount to market price. The conversion price is accordingly adjusted to 497 equal to DKK 4.97 per share of nominally DKK 1.00.
Updated articles of association of BioPorto A/S reflecting the adjustment of the conversion price are available on the website of BioPorto A/S.
Yours sincerely BioPorto A/S
For further information please contact:
Christina Thomsen, Investor relations Tel.: 45 29 00 00, e-mail [email protected]