Neurovive Pharmaceutical: Senior managers’ and Directors’ subscriptions in new issue

STOCKHOLM, Sweden--()--Regulatory News:

Many Directors and senior managers intend to participate in NeuroVive’s current rights issue.

These commitments include the following:

  • Greg Batcheller, Chairman of the Board, has undertaken to subscribe for his holding, corresponding to just over SEK 1,000,000.
  • By taking over subscription rights from Eskil Elmér, NeuroVive’s CEO Mikael Brönnegård has undertaken to subscribe to a value of approx. SEK 200,000.
  • By taking over subscription rights from Eskil Elmér, Johannes Ehinger, a NeuroVive researcher, has undertaken to subscribe to a value of approx. SEK 1,400,000.
  • Helmuth von Moltke and family, a Director, has undertaken to subscribe to a value of approx. SEK 725,000.
  • Magnus Hansson, a NeuroVive researcher, has undertaken to subscribe for his holding, and additional shares, corresponding to a value of approx. SEK 400,000.
  • Lennart Dreyer, a Director of NVP Asia Ltd, has undertaken to subscribe for his holding, corresponding to approx. SEK 350,000.
  • Andreas Inghammar, co-founder, has undertaken to subscribe to a value of approx. SEK 300,000.
  • By taking over subscription rights from Eskil Elmér, NeuroVive’s COO Jan Nilsson has undertaken to subscribe to a value of approx. SEK 85,000.

NeuroVive’s current rights issue runs until 27 January 2014 inclusive, and is open to current and new investors. More information about the share issue, including videos of interviews and subscription applications, are available at http://neurovive.irportalen.se/?lang=en

About NeuroVive NeuroVive Pharmaceutical AB (publ), a leading mitochondrial medicine company, is developing a portfolio of products to treat acute cardiovascular and neurological conditions through mitochondrial protection. These medical conditions are characterized by a pressing medical need and have no approved pharmaceutical treatment options at present. NeuroVive’s products CicloMulsion® (heart attack) and NeuroSTAT® (traumatic brain injury) are currently being evaluated in phase III and phase II studies, respectively. NeuroVive’s research programs also include products for the treatment of anti-viral indications (Hepatitis B/C), brain cell injury in stroke patients, and drug candidates for cellular protection and treating mitochondria-related energy regulation diseases. NeuroVive’s shares are listed on NASDAQ OMX, Stockholm, Sweden.

NeuroVive Pharmaceutical AB (publ) Medicon Village, SE-223 81 Lund, Sweden Tel: +46 (0)46 275 6220 (switchboard), Fax: +46 (0)46 888 8348 info@neurovive.se, www.neurovive.se

NeuroVive Pharmaceutical AB (publ) is obligated to publish the information contained in this news release in accordance with the Swedish Securities Markets Act. This information was provided to the media for publication at 15:50 CEST on 15 January 2014.

This information was brought to you by Cision http://news.cision.com

Contacts

Media and investor relations questions:
Laika Consulting
Ingmar Rentzhog, +46 (0)46 275 6221
ir@neurovive.se
Please also use the above contact if you wish to arrange an interview with NeuroVive’s CEO, Mikael Brönnegård.

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Contacts

Media and investor relations questions:
Laika Consulting
Ingmar Rentzhog, +46 (0)46 275 6221
ir@neurovive.se
Please also use the above contact if you wish to arrange an interview with NeuroVive’s CEO, Mikael Brönnegård.