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Published on 12/18/2009 in the Prospect News PIPE Daily.

New Issue: OctoPlus secures €4.04 million from private placement of ordinary stock

By Devika Patel

Knoxville, Tenn., Dec. 18 - OctoPlus NV said it raised €4.04 million in a private placement of shares.

The company sold 3,232,106 ordinary shares at €1.25 each.

Fortis Bank Nederland / MeesPierson Corporate Finance & Capital Markets was the agent.

OctoPlus is a Leiden, Netherlands-based pharmaceutical company.

Issuer:OctoPlus NV
Issue:Ordinary shares
Amount:€4,040,133
Shares:3,232,106
Price:€1.25
Warrants:No
Agent:Fortis Bank Nederland / MeesPierson Corporate Finance & Capital Markets
Settlement date:Dec. 18
Stock symbol:Amsterdam: OCTO
Stock price:€1.37 at close Dec. 18

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