Adiuvo to sell 1 mln shares; maximum price at PLN 22,5

Adiuvo Investments, a biotechnological investment company, has put 1 million shares up for sale. The maximum price of a share is set at PLN 22,5. From assets obtained through share sales the company wants to spend the majority of the funds, i.e. PLN 10,5 million on supporting subsidiary companies. "A significant amount until the end of 2016 will be spent on research and development," Marek Orlowski, chairman of Adiuvo informed. The book building process will last from 18 to 24 September.