Evolva completes share sale related to Allylix acquisition
Evolva Holding SA (SIX: EVE), has completed the placing of all shares earmarked to satisfy certain liabilities and transaction expenses related to the Allylix acquisition, as announced on 16 December 2014. A total of 6.1 million shares were sold between 16 and 19 December. One Swiss investment fund acquired a block of five million shares. The transaction has no impact on the number of outstanding Evolva shares.
Jakob Dynnes Hansen, Evolva CFO, commented, “This placing went faster than we had expected and is a vote of confidence from the investment community.”
Evolva is a pioneer and global leader in sustainable, fermentation-based approaches to ingredients for health, wellness and nutrition. Evolva’s products include stevia, resveratrol, vanillin, nootkatone and saffron. As well as developing its own proprietary ingredients, Evolva also deploys its technology for partners, providing them with a competitive edge and sharing in the returns they make. For more information see www.evolva.com. Questions about our fermentation approach? Have a look at our video.
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|Jakob Dynnes Hansen
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