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Karolinska Development Noterar den planerade noteringen av Xspray AB på Nasdaq First North

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STOCKHOLM - den 25 augusti 2017 - Karolinska Development AB (Nasdaq Stockholm: KDEV) noterar idag den föreslagna noteringen av XSpray AB på Nasdaq First North samt nyemissionen av aktier i samband därmed. Som ett resultat av det avtal om tilläggsköpeskilling som tecknades i september 2015 har Karolinska Development och KCIF Co-Investment Fund KB, ett holdingbolag gemensamt ägt av Europeiska Investeringsfonden och Karolinska Development rätt att erhålla aktier i XSpray om noteringen och nyemissionen genomförs. Karolinska Development har rätt att erhålla 462.115 aktier direkt och ytterligare 29.692 genom KCIF.

Xspray Pharma AB är ett produktutvecklingsföretag med flera produktkandidater i klinisk utveckling. Bolaget använder sin innovativa patenterade RightSize-teknologi i kombination med väldokumenterade substanser för utveckling av förbättrade samt generiska versioner av marknadsförda cancerläkemedel, i första hand proteinkinashämmare (PKI). I samband med Xsprays planerade notering på Nasdaq First North genomförs en nyemission som vid full teckning inbringar 132 MSEK före emissionskostnader. Erbjudandet riktar sig till allmänheten i Sverige och institutionella investerare. Anmälningsperioden pågår under perioden 28 augusti - 11 september 2017.

Ytterligare information om den planerade noteringen på Nasdaq First North finns tillgänglig på www.xspraypharma.com

För ytterligare information, vänligen kontakta :

Viktor Drvota, VD, Karolinska Development AB
Tel: +46 73 982 52 02, e-mail: viktor.drvota@karolinskadevelopment.com

Christian Tange, finansdirektör, Karolinska Development AB
Tel: +46 73 712 14 30, e-mail: christian.tange@karolinskadevelopment.com

David Dible/Mark Swallow/Pip Batty, Citigate Dewe Rogerson
Tel: +44 20 7638 9571; e-mail: KDev@citigatedr.co.uk

TILL REDAKTÖRERNA

Om Karolinska Development AB
Karolinska Development AB (Nasdaq Stockholm: KDEV) är ett nordiskt investmentbolag inom life science. Bolaget fokuserar på att identifiera medicinska innovationer och att investera för att skapa och utveckla bolag som vidareutvecklar sådana innovationer till differentierade produkter som kan göra skillnad för patienters liv och generera en attraktiv avkastning till aktieägarna.

Karolinska Development har tillgång till medicinsk forskning i världsklass från Karolinska Institutet och andra ledande universitet och forskningsinstitutioner i Norden. Bolagets målsättning är att bygga bolag kring forskare som är ledande inom sina respektive vetenskapsområden, med stöd från erfarna ledningsgrupper och rådgivare, samt med finansiering tillsammans med internationella investerare som är specialiserade inom sektorn, För att skapa bästa möjligheter till framgång byggs företagen med erfarna managementteam och rådgivare och de medfinansieras av professionella life science-investerare.

Karolinska Developments portfölj består av nio bolag inriktade på att utveckla innovativa behandlingsmetoder för sjukdomar som är livshotande eller funktionsnedsättande och andra medicinska tillstånd.  

Bolaget leds av ett entreprenörsteam bestående av professionella investerare med lång erfarenhet inom företagsbyggande och med tillgång till ett starkt globalt nätverk.

För mer information: www.karolinskadevelopment.com.

Denna information är sådan information som Karolinska Development AB (publ) (Nasdaq Stockholm: KDEV) är skyldigt att offentliggöra enligt EU:s marknadsmissbruksförordning. Informationen lämnades genom Viktor Drvota för offentliggörande den 25 augusti 2017 klockan 13:00.




This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Karolinska Development AB (publ) via Globenewswire

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