16 Jul 2018 07:00
16 July 2018
CIP MERCHANT CAPITAL LIMITED
("CIP Merchant Capital" or the "Company")
Second Investment
CIP Merchant Capital is pleased to announce its investment in Orthofix International NV ("Orthofix"), a global medical device corporation focused on musculoskeletal healing products and value-added services traded on the Nasdaq Global Select Market. The Company has bought, in aggregate, 85,000 common stock in Orthofix for a total consideration of approximately US$5 million.
The investment constitutes the Company's second investment following its investment in Coro Energy Plc announced on 22 January 2018.
For further information, please contact:
Merchant Capital Manager Limited (Investment Manager) Marco Fumagalli Carlo Sgarbi
| +41 91 225 25 60 |
Strand Hanson Limited (Financial & Nominated Adviser and Broker) Richard Tulloch / James Bellman | +44 20 7409 3494 |
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014.