Strengthening of Investor Focus – BioPorto enters Market Maker Agreement with Danske Bank & appoints New Head of Investor Relations
27 Février 2025 - 6:05PM
UK Regulatory
Strengthening of Investor Focus – BioPorto enters Market Maker
Agreement with Danske Bank & appoints New Head of Investor
Relations
February 27, 2025
Announcement no. 03
Strengthening of Investor Focus – BioPorto enters Market
Maker Agreement with Danske Bank & appoints New Head of
Investor Relations
COPENHAGEN, DENMARK, February 27, 2025, (GLOBE
NEWSWIRE) – BioPorto A/S CVR-no. 17500317 (BioPorto or Company)
(CPH:BIOPOR), an in vitro diagnostics company focused on empowering
the early detection of Acute Kidney Injury (AKI), today announced
that it has entered into a Market Maker Agreement with Danske Bank
and appoints Hanne Søgaard as Head of Investor Relations.
Market Maker Agreement with Danske
Bank
BioPorto has entered a market maker agreement with Danske bank
effective 1 March 2025. The purpose of the Market Maker scheme is
to create liquidity on Nasdaq Copenhagen in the listed share and
can be summarized as follows:
-
Danske Bank commits to continuously facilitate trading in the
BioPorto shares by quoting prices, within a range considered
acceptable, on either the buy or sell side in the market.
-
Danske Bank's quotation is made without BioPorto's
interference
-
Purchases/sales are at Danske Bank's expense and risk
Appointment of Hanne Søgaard as Head of
Investor Relations
Further, as part of BioPorto’ s continuous commitment to strengthen
the Investor focus and promoting Investor Relations activities
within the local investor community, the Company is pleased to
announce that, effective 1 March 2025, Hanne Søgaard will join
BioPorto as the Company’s new Head of Investor Relations.
Hanne brings extensive experience within
Investor Relations and financial communication, having previously
led Nykredit's Investor Relations and ESG initiatives. With a
strong background in financial analysis and communication from her
roles at Nykredit, Juristernes og Økonomernes Pensionskasse, Danske
Markets, Skandia Pension, and Alm. Brand Forsikring, Hanne is
well-suited to enhance our Investor Relations efforts communicating
and engaging with investors on our strategy and helping drive our
strategic goals forward.
Niels Høy Nielsen, CFO of BioPorto, comments:
"I am very pleased to welcome Hanne to our team. Her expertise and
dedication will significantly strengthen our Investor Relations
function, fostering greater transparency and a much stronger
presence within our current investor community. Hanne will be
instrumental in enhancing our communication with our current as
well as potential new investors. This strategic addition is a
testament to our commitment to continuously enhancing focus on our
investors maintaining an open and effective dialogue. Furthermore,
our market maker agreement with Danske Bank is set to enhance the
liquidity of our shares on Nasdaq Copenhagen, providing our
investors with an improved trading experience.”
To receive BioPorto’s Company Announcements,
Press Releases, Newsletters and other business relevant
information, please sign up on
https://bioporto.com/investor-contact/.
For investor inquiries, please
contact:
Niels Høy Nielsen, CFO, +45 4529 0000, investor@bioporto.com
About BioPorto
BioPorto is an in vitro diagnostics company
focused on saving lives and improving the quality of life with
actionable biomarkers – tools designed to help clinicians make
changes in patient management. The Company uses its expertise in
antibodies and assay development, as well as its platform for assay
development, to create a pipeline of novel and compelling products
that focus on conditions where there is significant unmet medical
need, and where the Company’s tests can help improve clinical and
economic outcomes for patients, providers, and the healthcare
ecosystem.
The Company’s flagship products are based on the
NGAL biomarker and designed to aid in the risk assessment and
diagnosis of Acute Kidney Injury, a common clinical syndrome that
can have severe consequences, including significant morbidity and
mortality, if not identified and treated early. With the aid of
NGAL levels, physicians can identify patients potentially at risk
of AKI more rapidly than is possible with current standard of care
measurements, enabling earlier intervention and more tailored
patient management strategies. The Company markets NGAL tests under
applicable registrations including CE mark in several countries
worldwide.
BioPorto has facilities in Copenhagen, Denmark
and Boston, MA, USA. The shares of BioPorto A/S are listed on the
Nasdaq Copenhagen stock exchange. For more information visit
www.bioporto.com.
Forward-looking statement disclaimer
Certain statements in this news release are not
historical facts and may be forward-looking statements.
Forward-looking statements include statements regarding the intent,
belief or current expectations with respect to the Company’s
expectations, intentions and projections regarding its future
performance including the Company’s Guidance for 2024; currency
exchange rate fluctuations; anticipated events or trends and other
matters that are not historical facts, including with respect to
implementation of manufacturing and quality systems,
commercialization of NGAL tests, and the development of future
products and new indications; concerns that may arise from
additional data, analysis or results obtained during clinical
trials; and, the Company’s ability to successfully market both new
and existing products. These forward-looking statements, which may
use words such as “aim”, “anticipate”, “believe”, “intend”,
“estimate”, “expect” and words of similar meaning, include all
matters that are not historical facts. These forward-looking
statements involve risks, and uncertainties that could cause the
actual results of operations, financial condition, liquidity,
dividend policy and the development of the industry in which the
Company’s business operates to differ materially from the
impression created by the forward-looking statements. These
statements are not guarantees of future performance and are subject
to known and unknown risks, uncertainties and other factors that
could cause actual results to differ materially from those
expressed or implied by such forward-looking statements. Given
these risks and uncertainties, prospective investors are cautioned
not to place undue reliance on forward-looking statements.
Forward-looking statements speak only as of the date of such
statements and, except as required by applicable law, the Company
undertakes no obligation to update or revise publicly any
forward-looking statements, whether as a result of new information,
future events or otherwise. Factors that may impact BioPorto’s
success are more fully disclosed in BioPorto’s periodic financial
filings, including its Annual Report for 2023, with the Danish
Financial Supervisory Authority, particularly under the heading
“Risk Factors”.
- 2025 02 27 - Announcement no 3 - UK
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