CHANGES IN DIGNITANA'S FINANCING

Lund 27 October 2017 - Dignitana AB, a world leader in medical scalp cooling technology and manufacturer of The DigniCap® Scalp Cooling System, announced today that the company's largest customer, Memorial Sloan Kettering (MSK), has requested to renegotiate its long-term agreement to be replaced by a short-term agreement with an ongoing relationship. MSK is now reviewing its treatment processes. This implies changes in Dignitana’s short-term financing structure, which means that the company’s working capital will be consumed in mid-November.

The company is working to find a financial solution both short and long term.

Media Contacts:

Caren Browning                                              Semmy Rülf    

King + Company                                             Chairman of the board, Dignitana AB

00 1 212 561-7464                                          +46 (0)709-312730

Caren.Browning@kingcompr.com                   semmy.rulf@dignitana.se

About Dignitana AB (publ)

Dignitana is a Swedish public company based in Lund and manufacturer of the medical cooling device DigniCap®. Dignitana AB is listed on Nasdaq First North Stockholm and has appointed Erik Penser Bank as Certified Adviser. Headquartered in Dallas Texas, Dignitana, Inc. is the U.S. subsidiary of Dignitana AB. For more information visit www.dignitana.se

About The DigniCap® Scalp Cooling System­­

DigniCap® is a patented scalp cooling system that offers cancer patients the ability to keep their hair during chemotherapy. DigniCap® provides continuous cooling with high efficacy, safety and acceptable patient comfort. www.dignicap.com

This information is information that Dignitana AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, by the above contact, for publication at 3.15 pm (CEST), 27 October 2017. 

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About Us

About Dignitana AB (publ)Dignitana AB is the world leader in clinically superior scalp cooling technology. The company produces The DigniCap® Cooling System, a patented medical cooling device that offers cancer patients the ability to minimize hair loss during chemotherapy. FDA cleared since 2015, DigniCap provides continuous cooling with high efficacy, safety and acceptable patient comfort. Dignitana AB is listed on Nasdaq First North Stockholm in Sweden with headquarters in Lund, Sweden and operations based in Dallas, Texas in the United States. Company subsidiaries are Dignitana, Inc. in the United States and Dignitana S.r.l. in Italy. Erik Penser Bank is Certified Adviser. Learn more at www.dignitana.se and www.dignicap.com.

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