SYGNIS AG raise approximately EUR 4.2 million in private placement (20.03.2018)
(WorldNews Germany)

Ad hoc release according to article 17 MAR SYGNIS AG raise approximately EUR 4.2 million in private placement Heidelberg, Germany and Cambridge, UK, 20 March 2018- SYGNIS AG (Frankfurt: LIO1; ISIN: DE000A1RFM03; Prime Standard), today announced that it has raised gross proceeds of approximately EUR 4.2 million in a private placement. SYGNIS issued approximately 3 million new shares at a price of EUR 1.40 per share. The offering represents approximately 6.3% of the registered pre-transaction share capital. Total capital after the issuance will amount to approximately 50.4 million shares. SYGNIS plans to use the proceeds from the transaction and a planned debt financing for the acquisition of...