30 January 2019 | News
The Offer Price is expected to be EUR 75 per share
Marinomed Biotech AG has already received subscription orders for more than 299,000 new bearer shares (base deal incl. 15% over-allotment /Greenshoe) as part of the current IPO and listing on the Vienna Stock Exchange (the "Offering"). The transaction meets the requirements of a qualified public offer in accordance with the terms and conditions of the convertible bonds issued in 2017 that are traded on the Third Market of the Vienna Stock Exchange. The Offer Price is expected to be EUR 75 per share. No adjustment of the Conversion Price I (as defined in the terms and conditions of the convertible bonds) is therefore expected to be necessary.
The expected settlement date and first trading day is 1 February 2019. From this date the Marinomed shares are intended to be traded under the symbol "MARI" on the official market (prime market segment) of the Vienna Stock Exchange.