REGULATORY

FRI, NOV 19, 2021 08:30 CET

RLS Global AB secures financing of SEK 20 million

RLS Global has today signed a credit facility, on market terms, of SEK 20 million to create flexible financing for the company’s continued growth. It is one of the company’s major shareholders that has provided this credit facility.

As of today, RLS has also received its first order from ConvaTec. As of January 1, 2022, ConvaTec will take ownership of the commercial process for ChloraSolv in Europe. The launch of ChloraSolv will take place in various stages with focus during 2022 in the Nordic countries, the Netherlands, the United Kingdom, Germany and France.

”I am pleased that RLS has established a flexibility regarding the financing of our continued growth and that the collaboration with ConvaTec is entering a more active commercialization phase”, says Karin Fischer CEO, RLS Global.

RLS’ long-term vision is to be a leading research driven platform company in wound care. The ambition is to expand into new indications through new research and development projects in areas such as burns and dermatology. To maximize our patient reach, RLS intends to work with partners to commercialize its products globally. RLS is confident in the company’s platform technology and its unique features and what this can bring to patients around the world.

 

TRADING PLACE AND CERTIFIED ADVISER

RLS Global’s shares have been listed on the Nasdaq First North Growth Market since 17th May, 2017 and trading takes place under the short name RLS. Certified Adviser is Redeye Aktiebolag, phone: +46 8 121 576 90, email: certifiedadviser@redeye.se. During the period 2012–2017, the company was listed on Aktietorget.

This disclosure contains information that RLS Global AB is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the agency of the contact person, at 08:30, Nov 19th 2021.

 

CONTACT INFORMATION

Karin Fischer, CEO, RLS Global
E-mail: karin.fischer@rlsglobal.se
Telephone: +46 702 48 46 51

 

ABOUT RLS GLOBAL AB

RLS Global AB is a medical technology company within Life Science. Based on the company’s unique hypochlorite platform, RLS Global develop products for some of our most common illnesses in wound and oral care. RLS Global has a portfolio of strong brands, including ChloraSolv® and Carisolv®. The company is listed on Nasdaq First North with Redeye Aktiebolag, phone: +46 8 121 576 90, email: certifiedadviser@redeye.se. Read more at www.rls.global