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DiaGenic ASA Notification of Trade in Relation to Reverse Share Split


6/3/2011 10:38:39 AM

Reference is made to the stock exchange notice on 26 May 2011 related to DiaGenic’s reverse share split in the ratio 10:1. Some of the Company’s shareholders owned a number of shares that could not be divided by 10, and these are rounded up to the nearest whole share after the reverse share split. The Company had agreed with insider Erik Christensen that he will free of compensation provide the number of shares that that such rounding off will entail. Today the reverse share split has been settled and Erik Christensen cedes 338 shares in DiaGenic. Post this transaction Erik Christensen owns 10,300 shares in DiaGenic.

Read at BioSpace.com


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