Craven House Capital PLC Investee Companies' Update: Bio Vitos
05 Juin 2024 - 8:00AM
RNS Regulatory News
RNS Number : 1196R
Craven House Capital PLC
05 June 2024
Craven House Capital PLC
5 June 2024
Certain
information contained within this Announcement is deemed by the
Company to constitute inside information as stipulated under the
Market Abuse Regulation (EU) No. 596/2014 ("MAR") as applied in the
United Kingdom. Upon publication of this Announcement, this
information is now considered to be in the public
domain.
Craven House Capital
plc
("Craven House" or the
"Company")
Investee Companies' Update:
Bio Vitos
Further to the announcement on 28
November 2023, Craven House was allocated a pro-rata distribution
of c.63,615,230 shares by Bio Vitos Medical Limited in Bio Vitos
Pharma AB (previously known as Hemcheck Sweden AB). These shares
amounted to a market value, at the time, of c.12 million Swedish
Kroner / c.$1.136 US Dollars. 22,496,354 shares were sold to cover
costs relating to the transaction. Following settlement of the
transaction Craven House has received 41,118,876 shares in Bio
Vitos Pharma AB, representing 15.4% of Bio Vitos Pharma AB's issued
share capital.
Craven House remains a 24.5%
shareholder in Bio Vitos Medical Limited and now owns 15.4% of Bio
Vitos Pharma AB, a Sweden based medical technology company, listed
on the Stockholm stock exchange.
For further information please
contact:
About Craven House
Capital:
The Company's Investing Policy is
primarily to invest in or acquire a portfolio of companies,
partnerships, joint ventures, businesses or other assets
participating in the e-Commerce sector.
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