OptiCept has announced the preliminary outcome of their rights issue, which indicates that subscriptions by exercise of subscription rights and subscription applications without subscription rights amount to a total of ~59% of the Rights Issue. Thus, the preliminary outcome indicates that an additional approximately ~11% will be subscribed for by guarantors. In total, the rights issue is therefore expected to reach 70% of the maximum subscription, or 56.4 MSEK before expenses. While we had anticipated the rights issue to be fully subscribed, the fact that the stock price has occasionally traded slightly below the subscription price makes this outcome less surprising.

OptiCept has announced that it has signed an agreement for its PEF technology with a global producer of pineapple products in Thailand. We view the growing recognition of OptiCept's PEF technology in Thailand as positive as the country is among the world’s top five pineapple producers. While this development is encouraging and supports our current estimates, it does not trigger immediate changes.