Zealand Pharma Has Increased Its Share Capital By A Nominal Amount Of DKK 13,000 Divided Into 13,000 New Shares With A Nominal Value Of DKK 1 Each
Portfolio Pulse from Benzinga Newsdesk
Zealand Pharma has increased its share capital by DKK 13,000 through the exercise of employee warrants, resulting in the issuance of 13,000 new shares.
August 22, 2024 | 8:13 pm
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Zealand Pharma has increased its share capital by DKK 13,000 through the exercise of employee warrants, resulting in the issuance of 13,000 new shares.
The increase in share capital is due to the exercise of employee warrants, which is a routine equity action. This typically has a neutral short-term impact on stock price as it slightly dilutes existing shares but also reflects employee confidence in the company.
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