2008-06-27 Pressrelease Extraordinary General Meeting in Ortivus AB (publ)

Extraordinary General Meeting in Ortivus AB today decided to approve the boards proposal of June 12 to submit 500.000 warrants and that the warrants be transferred to the company CEO and other key managers of Ortivus AB, under the following main conditions:

• The term of the warrants is July 7, 2008 to June 30, 2011.

• Each warrant carries the right to subscribe for one (1) new series B share in Ortivus AB during the period from June 1, 2011 to June 30, 2011 to a issue price that shall be decided according to the following. The issue price shall be equal to 145% (addition of 45%) of the average volume weighted mean price paid per day for the company's share as traded on OMX Nordiska Börs (small cap) from June 23 to July 4, 2008.

• At full subscription and exchange of all 500.000 warrants, the company's share capital will increase by 2.500.000 SEK, allocated to 500.000 series B shares, corresponding to a dilution of app. 2.36%.

• The value of the warrants at sale from the subsidiary to key managers shall be decided on market value with application of generally accepted valueing models for warrants.

The decision was taken unanimously.


For further information:
Jon Risfelt, Chairman Ortivus, mobile + 46 73 434 33 32, e-mail firstname.lastname@ortivus.com