Warrant Programme - Veloxis Pharmaceuticals A/S issues new shares in connection with exercise of warrants


Company Announcement no. 9/2015

 

 

To: NASDAQ OMX Copenhagen A/S                             Hørsholm, Denmark, 27 March 2015

  

 

Warrant Programme - Veloxis Pharmaceuticals A/S issues new shares in connection with exercise of warrants

 

Veloxis Pharmaceuticals A/S announces that the company's capital has been increased by 93,416 new shares with a nominal value of DKK 0.10 each corresponding to nominal DKK 9,341.60 as a consequence of the exercise of warrants by former employees granted under the company's warrant program.

 

As a result of the employees investment in the company proceeds to Veloxis Pharmaceuticals A/S from the capital increase amounts to DKK 32,695.60. The subscription price for the new shares is DKK 0.35 per share of nominal DKK 0.10.

 

The new shares will be listed on NASDAQ OMX Copenhagen following registration of the capital increase with the Danish Business Authority, upon which the share capital of Veloxis Pharmaceuticals A/S will be DKK 166,309,073 divided into shares of DKK 0.10 each.

 

Each share of nominal DKK 0.10 carries one vote at general meetings in Veloxis Pharmaceuticals A/S. The new shares gives rights to dividend and other rights from the time of the warrant holder's exercise notice.

 

 

For more information, please contact:

 

Veloxis Pharmaceuticals A/S

 

Bill Polvino                                             Johnny Stilou

President & CEO                                     EVP, Chief Financial Officer

Phone: +1 732 321 3202                     Phone: +45 30 53 33 64

Email: wjp@veloxis.com                          Email: jst@veloxis.com

 

About Veloxis Pharmaceuticals

Based in Hørsholm, Denmark, with an office in New Jersey, Veloxis Pharmaceuticals A/S, or Veloxis, is a specialty pharmaceutical company. Veloxis’ unique, patented delivery technology, MeltDose®, is designed to enhance the absorption and bioavailability of select orally administered drugs. Veloxis is listed on the NASDAQ OMX Copenhagen under the trading symbol OMX: VELO.

 

For further information, please visit www.veloxis.com.

 


Attachments

270315 Veloxis Announces Exercise of Warrants.pdf