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Affitech New Shares Registered

23-04-10 kl. 23/4 2010 06:57 | Affitech 0,05 (-44,44%)

Release No 10/2010

Affitech New Shares Registered

Trans Nova Investments Limited has paid the subscription price of DKK
156,112,206.00

The share capital increase has been registered with the Commerce and Companies
Agency

260,187,010 new shares each of nominal value DKK 0.50 have been issued to Trans
Nova Investments Limited and Trans Nova now owns 53.35% of the new share capital

The new share capital of the Company is now DKK 243,860,769,50 and comprises
487,721,539 voting rights

Copenhagen and Oslo, April 23, 2010
Affitech A/S, (NASDAQ OMX: AFFI), the antibody medicines company, today
announced that the subscription by Trans Nova Investments Limited of 260,187,010
new shares each of nominal value DKK 0.50 in return for DKK 156,112,206.00 has
been completed and the subscription price received by the Company. As a
consequence, Trans Nova Investments now owns 53.35% of the share capital of the
Company and controls 260,187,010 voting rights.

--------------------------------------------------------------------------------
| For more information please contact: |
--------------------------------------------------------------------------------
| |
| Affitech A/S: |
| |
| Dr Robert Burns, Chief Executive Officer, |
| Tel # +45 50 99 76 42 |
| Randi Krogsgaard, Corporate Communications |
| Tel # +45 23 20 10 01
|
--------------------------------------------------------------------------------

About Affitech
Affitech AS is a publicly traded (NASDAQ OMX Copenhagen exchange) human
therapeutic antibody company headquartered in Copenhagen, Denmark with R&D
facilities in Oslo, Norway. The company utilizes a range of proprietary antibody
technologies for the discovery of fully human antibodies for application in
oncology, inflammation and other disease areas. CBAS? (Cell Based Antibody
Selection) is Affitech's premier discovery engine for the isolation of lead
antibodies to cell surface molecules in situ. Several of the Company's
proprietary product candidates were generated by CBAS?. Further information is
available at www.affitech.com.
Disclaimer
This news release contains forward-looking statements and forecasts
based on uncertainty, since they relate to events and depend on circumstances
that will occur in the future and which, by their nature, will have an impact on
results of the financial condition and operations of Affitech A/S. There are
many factors that could cause actual results and developments to differ
materially from those expressed or implied by these forward-looking statements
and forecasts. These factors include, among other things, risks associated with
technological development, the risk that research & development will not yield
new products that achieve commercial success, the impact of competition, the
ability to transact viable and profitable commercial deals, the risk of
non-approval of patents not yet granted, and difficulties of obtaining relevant
governmental approvals for new products.
No expressed or implied representations or warranties are given concerning
Affitech A/S or the accuracy or completeness of the information provided herein,
and no claims shall be made by the recipient of this news release by virtue of
the information contained herein.  




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