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Medtech - Private Placement of €9,4 Million in ConceptoMed AS

News   •   Jan 27, 2016 05:02 GMT

The Board of Directors of ConceptoMed AS announce the private placement of equity in ConceptoMed AS. Following the share issue, the number of Shareholders in the company amounts to 73 (previously 37). Gross proceeds from the private placement amounts to NOK 89.056.000 (approx. 9,4 MEUR), whereof 25,5 MNOK (approx. 2,7 MEUR) were subscribed by existing shareholders.

ConceptoMed AS stands before an exciting international development of the ground breaking Luer-Jack. This private placement will finance the global market introduction and further growth.

The share issue values ConceptoMed AS at NOK 426 Million (approx. €44,2 Million) post money.