Share Issue/Capital Change • Nov 5, 2012
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Download Source FileOn August 23, 2012, the Board of BioPorto decided to partially exercise the
authorization under article 16b of the Company Articles to carry out a cash
issue, private placement to a limited number of investors. During the
subscription period, the company received binding acceptance of subscription
from Marienholm Ejendomme ApS and mr. Mark Szigethy.
BioPorto must inform that none of the subscribers have paid the full
outstanding subscription amount. Today, the Board has therefore been forced to
cancel the issue, and in relation to this Marienholm Ejendomme ApS and mr. Mark
Szigethy will be met with claims.
The cancellation of the issue leaves BioPorto in an economically critical
state. On September 30, 2012, the company’s cash resources amounted to DKK 2.2
million, why capital resources need to be restored as soon as possible. In
effect of the cancellation of the issue, the Board examines the possibilities
for this.
The enclosed annex includes a preliminary statement of the company’s financial
position as of September 30, 2012. The publishing of the interim financial
report for Q3 will be brought forward to November 12, 1012.
For further information, please contact:
Thea Olesen, CEO
Christina Thomsen, Investor Relations
Telephone +45 4529 0000, e-mail [email protected]
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