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Aerocrine Requests Conversion of Convertible Loan



5/4/2012 10:13:01 AM

SOLNA, Sweden--(BUSINESS WIRE)--Regulatory News: Aerocrine AB (OMX Nordic Exchange: AERO) today announces that the company requested the conversion of the outstanding convertible loan, of 112 500 000 SEK, to shares per the terms of the convertible. The effect is that an additional 12,857,143 shares will be issued at a conversion price of 8.75 SEK per share.

Read at BioSpace.com


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