DanCann Pharma A/S successfully completes a directed issue of units of approx. 8 MDKK
COPENHAGEN, Denmark, 05 October 2021 – The Board of Directors of DanCann Pharma A/S (“DanCann” or the “Company”) has resolved to issue 2,207,399 units, based on the authorization granted by DanCann’s extra general meeting on 23 July 2021 (the “Directed Issue of Units”) and in accordance with the intention to carry out the Directed Issue of Units as communicated by the Company yesterday (04 October 2021). The subscription price in the Directed Issue of Units is 3.664 DKK per unit and has been determined through a 10-day Volume Weighted Average Price (“VWAP”) based on a “accelerated book-