INNOVATIVE APPROACHES IN CARDIOVASCULAR DISEASE
Withdrawal of the Offering
OSLO, 26 May 2011
Serodus ASA has experienced broad interest from investors to participate in the Initial Public Offering. However, due to the demanding stock market situation, Serodus ASA has not attracted sufficient demand to meet the capital requirements set by the Oslo Børs board meeting. The Board of Serodus ASA has therefore decided to withdraw the Offering.
As a consequence the Company`s shares will not be listed on Oslo Axess in June as planned. The Board of Serodus ASA will consider a new application for listing at a later stage.
The information in this announcement is subject to the disclosure requirements of the Norwegian Securities Trading Act section 5-12 and/or the Oslo Børs - Continuing Obligations.
For further information, please contact:
Håkon Sæterøy, Chairman, Serodus ASA
+47 926 95 175
