Antisense Therapeutics closes SPP oversubscribed
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Released
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ASX Announcement
30 November 2020
Antisense Therapeutics closes SPP oversubscribed
Antisense Therapeutics Limited (ASX: ANP | US OTC: ATHJY | FSE: AWY) is pleased to announce the
successful completion of its Share Purchase Plan (SPP), which was launched on 18 November 2020
targeting $1 million and closed oversubscribed on 26 November 2020.
As a result of the oversubscription, the Company will conduct a scale-back of applications in
accordance with the terms of the SPP. The Company has resolved to accept $1.2 million in
applications for the issue of 12,000,000 shares under the SPP. It is expected that new shares will be
issued and allotted by Wednesday, 2 December 2020. As per standard SPP process, refunds will be
processed by the company’s share registry Boardroom Limited as soon as possible.
The Company thanks shareholders who participated in the SPP for their strong support. The SPP
completes the two-part capital raising, which in total raised $8.5 million via a placement to
institutional, professional and sophisticated investors and the SPP, both closing over-subscribed.
This announcement has been authorised for release by the Managing Director.
For more information please contact:
Antisense Therapeutics
Mark Diamond
Managing Director
+61 (0)3 9827 8999
www.antisense.com.au
Investment Enquiries
Gennadi Koutchin
XEC Partners
gkoutchin@xecpartners.com.au
1300 932 037
About Antisense Therapeutics Limited (ASX:ANP | US OTC:ATHJY) is an Australian publicly listed
biotechnology company, developing and commercializing antisense pharmaceuticals for large unmet markets in
rare diseases. The products are in-licensed from Ionis Pharmaceuticals Inc. (NASDAQ: IONS), an established
leader in antisense drug development. The Company is developing ATL1102, an antisense inhibitor of the CD49d
receptor, for Duchenne muscular dystrophy (DMD) patients and recently reported highly promising Phase II trial
results. ATL1102 has also successfully completed a Phase II efficacy and safety trial, significantly reducing the
number of brain lesions in patients with relapsing-remitting multiple sclerosis (RRMS). The Company has a second
drug, ATL1103 designed to block GHr production that successfully reduced blood IGF-I levels in Phase II clinical
trials in patients with the growth disorder acromegaly.
6 WALLACE AVENUE, TOORAK VIC 3142 AUSTRALIA TEL . +61 3 9827 8999 FAX +61 3 9859 7701 WEB WWW.ANTISENSE.COM.AU
ANTISENSE THERAPEUTICS LIMITED - ABN 41 095 060 745
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