DIRECTED SHARE ISSUE OF MSEK 8.9 CARRIED OUT IN SCN
(NGM: SCN)
On December 10, 2008, the Board of Directors in Scandinavian Clinical Nutrition i Sverige AB (publ) decided to carry out a directed share issue by a maximum of 1,780,000 shares (each with a quote value of SEK 0.1) by virtue of a shareholders’ meeting’s authorization. The issue has now been carried out, and was fully subscribed for.
The subscription price was SEK five (5) per share. The shares were subscribed for by a limited number of financial investors, without preferential right of the shareholders. The funds from the share issue will mainly be used to secure funding for ongoing R&D and product development within the subsidiary Scandivir AB.
Through the share issue, the number of shares in Scandinavian Clinical Nutrition i Sverige AB (publ) increases from 16,023,284 to 17,803,284 shares. The company only has one class of shares, and the number of voting rights is thus the same as the number of shares.
HQ acted as financial advisor in connection with the new issue.
This information is published with reference to chapter 4, section 9 in the Swedish Financial Instruments Trading Act.
For more information, please contact:
Carsten Waern, CEO, cw@scnutrition.com, +45 2090 8888
Ulf Söderberg, Chairman of the Board, us@scnutrition.com, +46 708 13 22 81
Scandinavian Clinical Nutrition AB (publ) works in R&D and distribution of clinically tested, scientifically documented products within the field of nutrition (nutraceuticals). Established in 2006, SCN maintains a product portfolio with established trademarks, such as CUUR, Coldizin, Immulina, Membra7 and Ledactin. Core competence and strategic alliances, within both R&D and sales, in combination with innovative and clinically proven products, create good conditions for profitable growth both in Sweden and internationally. The shares of SCN are traded under the ticker “SCN” on Oslo Axess (www.osloaxess.no) and NGM Equity (www.ngm.se).For more information, please visit www.scnutrition.com.