DGAP-News: Medios AG / Key word(s): Miscellaneous
Medios AG: Secondary placement oversubscribed several times – Free float over 60%
Berlin, 13 May 2020 – Medios AG, one of the leading Specialty Pharma companies in Germany, announces the successful placement of 600,000 existing shares. The shares were sold yesterday in a private placement by M.M.Warburg & CO to international institutional investors. The offering was oversubscribed more than three times after only a short time. There was no dilution of the shareholders. The free float of Medios AG has increased from around 57% to around 61% as a result of the full placement.
Manfred Schneider, CEO of Medios AG: “We are proud of the overwhelming demand for our shares and are delighted about the great trust of the investors. With the successful placement and the resulting improvement in stock liquidity, we are one step closer to the SDAX.”
About Medios AG
Medios AG is Germany’s first publicly listed Specialty Pharma company. The share (WKN: A1MMCC, ISIN: DE000A1MMCC8) is listed in the Regulated Market of the Frankfurt Stock Exchange (General Standard).
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|Listed:||Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Dusseldorf|
|EQS News ID:||1043131|
|End of News||DGAP News Service|