GLG PHARMA S.A. GLG Pharma S.A. (WSE:GLG) announced a private placement of 60,000,000 series F bearer shares on October 30, 2015. The shares carry a nominal value of PLN 0.10 each. On closing, the capital of the company will increase by PLN 6,000,000 from PLN 15,000,000 to PLN 21,000,000.
The issue price of the shares will be set by the management board in another resolution. The shares will be issued pursuant to agreements which will be concluded till April 30, 2016. The transaction was approved by the board of directors of the company.
