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Swedish Orphan Biovitrum Completes Share Issue for Employee Incentive Program

MT Newswires·08/31/2026 07:01:22
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07:01 AM EDT, 08/31/2026 (MT Newswires) -- Swedish Orphan Biovitrum (SOBI.ST) said Monday it raised 122,733 kronor through a directed issue of 223,677 class C shares to Svenska Handelsbanken. The Swedish biopharmaceutical company plans to repurchase all of the class C shares and convert them into common shares to support future share deliveries under its outstanding long-term incentive program for permanent employees. Following the repurchase and conversion, Sobi will hold 9,631,955 of its own common shares, up from 9,408,278 currently.