Press release from Companies
Publicerat: 2019-09-06 09:56:11
September 6, 2019, Uppsala, Sweden – Dicot AB (publ) (“Dicot”) announces that all of its board of directors and parts of management will subscribe for a total of SEK 695 600 in the ongoing rights issue of units (the “Rights Issue”).
The founder and board member of Dicot, Jarl Wikberg, will subscribe for units corresponding to an amount of SEK 500 000. In addition, the other members of the Board and management in Dicot will subscribe for units corresponding to an amount of SEK 195 600. In total, Dicot"s Board and management will subscribe for an amount of SEK 695 600, corresponding to 3,4 percent of the ongoing Rights Issue. Summary of the Terms in the Rights Issue Dicot has received subscription commitments amounting to 21,2 percent of the Rights Issue and guarantee commitments amounting to 48,8 percent of the Rights Issue. Thus, 70 percent of the Rights Issue is covered by subscription commitments or guarantee commitments. Timetable for the Rights Issue September 17, 2019: last day for subscription in the Rights Issue September 20, 2019: indicative date for announcement of results of the Rights Issue For further information, please contact: Julie Silber, CFO and Director of Investor Relations, Dicot About Dicot AB Dicot is a pharmaceutical company focused on drug discovery and the development of novel lifestyle drugs to enrich patients" lives. The Company develops and manufactures medicines for the treatment of erectile dysfunction and premature ejaculation. The company"s lead product, Libiguin™, for the treatment of sexual dysfunctions, is in a stage of pre-clinical development. Dicot is listed on the Spotlight Stock Market and has approximately 700 shareholders. For more information see www.dicot.se.
Tel: +46 79 348 62 77
E-mail: julie.silber@dicot.se
www.dicot.se