DGAP-News: Medios AG: Secondary placement oversubscribed several times - Free float over 60%
DGAP-News: Medios AG
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Medios AG: Secondary placement oversubscribed several times - Free float over 60%
13.05.2020 / 08:11
The issuer is solely responsible for the content of this announcement.
Press Release
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."
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About Medios AG
Medios AG is one of the leading Specialty Pharma companies in Germany. As a specialist for the provision of Specialty Pharma drugs to patients, GMP-certified provider of patient-specific therapies and innovative analytical methods, Medios covers substantial elements of the supply chain in this field and follows the highest international quality standards. Usually, Specialty Pharma drugs are high-priced medicines for rare and/or chronic diseases. Patient-specific therapies are, for example, infusions that are compiled and produced on the basis of individual diseases and parameters like body weight and surface. In the field of drug safety, NIR spectroscopic analysis methods (NIR: Near infrared) are used to distinguish marketable finished drugs from drug counterfeits. It is Medios' aim to provide integrated solutions along the value chain to partners and clients, thereby ensuring an optimal pharmaceutical care for patients.
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).
Contact
Kirchhoff Consult AG
Nikolaus Hammerschmidt
Borselstraße 20
22765 Hamburg
Germany
Phone: +49 40 60918618
Fax: +49 40 60918660
E-mail: nikolaus.hammerschmidt@kirchhoff.de
www.kirchhoff.de
Disclaimer
This notification contains forward-looking statements that are subject to certain risks and uncertainties. Future results may significantly deviate from currently expected results, specifically due to various risk factors and uncertainties such as changes in business, economic, and competitive circumstances, exchange rate fluctuations, uncertainties about legal disputes or investigations, and the availability of financial resources. Medios AG assumes no responsibility whatsoever for updating the forward-looking statements contained in this notification.
13.05.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
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1043131 13.05.2020