By Jennifer Chiou
New York, June 3 - Oriola-KD Corp. announced a directed issue of up to 9.35 million new ordinary shares for gross proceeds of €21 million.
The new class B shares, which make up 9.98% of Oriola-KD's class B shares, are priced at €2.25 per share.
SEB Enskilda is the lead manager and bookrunner.
The Espoo, Finland, company is focused on pharmaceutical and health-care trade in Finland, Sweden, Russia and the Baltic countries.
| Issuer: | Oriola-KD Corp.
|
| Issue: | New class B shares
|
| Amount: | €21 million
|
| Shares: | 9.35 million
|
| Price: | €2.25
|
| Warrants: | No
|
| Agent: | SEB Enskilda
|
| Announcement date: | June 3
|
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