Sygnis announces change in guarantee for Spanish government soft loans

Share loan from Dr. Heikki Lanckriet guarantees government soft loans

Madrid, Spain and Heidelberg, Germany – SYGNIS AG (Frankfurt: LIO1; ISIN: DE000A1RFM03; Prime Standard) today announced that Dr. Heikki Lanckriet, Co-CEO and CSO of SYGNIS, will guarantee soft loans from the Spanish government with 500,000 of his SYGNIS shares. The guarantee secures the EUR 1.9 million non-dilutive R&D funding SYGNIS received from the Spanish Ministry of Economy and Competitiveness (MINECO) in 2016.

Pilar de la Huerta, Co-CEO and CBDO, commented: “We appreciate the strong commitment of Heikki Lanckriet and highly value his support.”

Sygnis announces change in guarantee for Spanish government soft loans

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