LifeCycle Pharma – Major Shareholder Exercises Significant Number of Preemptive Rights in Connection with the Announced Offering

H0RSHOLM, Denmark--(BUSINESS WIRE)--LifeCycle Pharma A/S (OMX: LCP), announced today that the third largest shareholder in LCP, Alta Partners has informed LCP that Alta Partners will exercise a significant part of its preemptive rights to subscribe for a total of 1,400,000 offer shares each at DKK 17 per share in connection with the offering announced on March 18, 2008, in total an investment of DKK 23,800,000.00.
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