Skandigen Interim report January - June 1996

Skandigen Interim report January - June 1996 - The Group's sales amounted to MSEK 10.5 (1.6) for the period. The consolidated result after depreciation was MSEK -2.4 (-8.2). The result after net financial items amounted to MSEK 8.4 (-8.6). The net financial items include a non-recurring revenue from the sale of subscription warrants of MSEK 10.2 (0). - The part-owned company SIBIA Neurosciences, Inc. completed a 2.1 million share initial public offering which, together with a private placement to CIBA-GEIGY Limited (Novartis), raised gross proceeds over USD 28 million for SIBIA. The stock is quoted on Nasdaq since May 10. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net

About Us

Skanditek is an industry holding company with ownership interests mainly in Swedish unlisted companies. The portfolio comprises some twenty holdings with focus on information technology, electronics and industrial components.

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