Issue Of Equity On Share Subscription And Licensing Agreement With Cosmo Pharmaceuticals
13 Gennaio 2020 - 5:59PM
UK Regulatory
TIDMACPH
Cambridge, UK and Indianapolis, US -- 13 January 2020: Acacia Pharma
Group plc (the "Company") (EURONEXT: ACPH), a hospital pharmaceutical
company focused on the development and commercialisation of new nausea
and vomiting treatments for surgical and cancer patients, announces that
application has been made to Euronext Brussels for the admission of the
8,994,667 Ordinary Shares of GBP0.02 each (the "New Ordinary Shares") to
trading on Euronext Brussels ("Admission") to satisfy the terms of the
EUR10 million equity subscription made by Cosmo Pharmaceuticals and the
EUR10 million upfront licensing payment for the US rights to the product
ByFavo. The New Ordinary Shares will rank pari passu in all respects
with the Company's existing Ordinary Shares in issue. Admission to
listing is expected on 14 January 2020.
Following issue of the New Ordinary Shares, the Company's total issued
share capital will consist of 63,882,865 Ordinary Shares with one voting
right per share. The Company does not hold any Ordinary Shares in
Treasury. Therefore, following the issue of the New Ordinary Shares, the
total number of voting rights in the Company is 63,882,865.
Contacts
Acacia Pharma Group plc
Mile Bolinder, CEO
Christine Soden, CFO
+44 1223 919760
https://www.globenewswire.com/Tracker?data=PzEmt7HSNgCzEfGJfWR0_Yt2h6ie8UUWRdYEqFiGxBwzRWIfen4flDruA-fslndntQcHMV3ue4A6LePgH2CR3QLGk1qZEbF2jsqNk5vghnD_eGAh03oRXgoqIbyeOXHCEJwfPlHzWmhKxgPC0Zc6oAZphhgug8oDFF5wbryUg4JKunDmdVOSHRNyxV2RCxyhDUNBqyhudk29PIQ9_EiAd4LGosviamEHeZeSc26gvXTnBG3oL1fI1sq9i-Xoc80OogOOXGZNWAMJuXRGD4T-Qg==
IR@acaciapharma.com
Citigate Dewe Rogerson (Financial PR)
Mark Swallow, Frazer Hall, David Dible
+44 20 7638 9571
https://www.globenewswire.com/Tracker?data=MBW9s0DeLKjqPRTwqo4N-Ix1JuGznbQHM5yuAlQuI371LmnJeEJfaQyfnLcs9rPFWqhPA93E9CPA4EXMhSYsYYXYPxqmuKkblKnE3PLyNbVkhC6l2TVMevGi7ISNTeTY0mfpJPIDYUfmUYSX1LFfSabSERAML3LID927pE3umQIOa3RvuwT74kgThub6O8sZuZlJIA4yWBEq4FyIL7ahcywyJXUE69cEmWjdetyH3A4Ka2PMoGVjqGvNxsb-bsxknEedYhqOqcXvXx6akObFXFfP93FCP-G8L8PS_ULe_HsyPtCTBJHQaRy8J7BIWcoOOsOQeiaeW5rtB3EzklEhGw==
acaciapharma@citigatedewerogerson.com
(END) Dow Jones Newswires
January 13, 2020 11:59 ET (16:59 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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