Novo transaction completed
Uppsala, April 7, 2010 — Following approval by the extraordinary general meeting of the convertible bond issue to Novo A/S, the bond issue in the amount of SEK 111,150,000, and Novo’s acquisition of existing shares corresponding to 10.7 per cent of the total number of shares and votes in Orexo, have now been completed. As a consequence, the election of Michael Shalmi as new board member, replacing Johan Christenson, has now become effective. Related to the transaction, Rodman & Renshaw, LLC, a subsidiary of Rodman & Renshaw Capital Group, Inc. (NASDAQ: RODM) acted as financial advisor to
