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RNS Number : 2469I

Medgenics Inc

23 July 2012

 
 Press Release   23 July 2012 
 

Medgenics, Inc.

("Medgenics" or the "Company")

Medgenics Announces Registration of Shares to be Issued Upon Exercises of Warrants Listed on NYSE MKT

Medgenics, Inc. (NYSE MKT: MDGN and AIM: MEDU, MEDG), the developer of Biopump(TM) , a novel technology for the sustained production and delivery of therapeutic proteins in patients using their own tissue, today announced the availability of a current prospectus following the effectiveness of its registration in the United States of common stock issuable upon the exercise of outstanding warrants to purchase 2,829,000 shares of common stock.

The warrants were originally issued in the Company's initial public offering in the United States in April 2011 and are listed on the NYSE MKT (formerly the NYSE Amex) under the symbol "MDGN.WS." Each warrant is exercisable for one share of the Company's common stock, listed on the NYSE MKT under the symbol "MDGN."

The shares of common stock issuable upon exercise of the warrants are being offered by the Company pursuant to a registration statement previously filed and declared effective by the Securities and Exchange Commission on July 20, 2012. Electronic copies of the prospectus may be obtained at the Securities and Exchange Commission's website at http://www.sec.gov. Copies of the prospectus may also be obtained from Corporate Stock Transfer, Inc., as warrant agent, by contacting it at 3200 Cherry Creek Drive South, Suite 4300, Denver, Colorado 80209, or (303) 282-4800.

In order to exercise a warrant, the holder must deliver to Corporate Stock Transfer, Inc., 3200 Cherry Creek Drive South, Suite 4300, Denver, Colorado 80209:

   --     the original warrant certificate 

-- a completed and executed exercise form located on the reverse side of the warrant certificate and

-- full payment of the exercise price, by certified check payable to "Medgenics Warrant Exercise Account" or by wire transfer of immediately available funds.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Medgenics

Medgenics is developing and commercializing Biopump(TM), a proprietary tissue-based platform technology for the sustained production and delivery of therapeutic proteins using the patient's own skin biopsy for the treatment of a range of chronic diseases including anemia, hepatitis, and hemophilia, among others.

For further information, contact:

 
      Medgenics, Inc.                    Phone: +972 4 902 8900 
       Dr. Andrew L. Pearlman 
       andrew.pearlman@medgenics.com 
      Abchurch Communications            Phone: +44 207 398 7719 
       Adam Michael 
       Joanne Shears 
       Jamie Hooper 
       jamie.hooper@abchurch-group.com 
      Nomura Code Securities (NOMAD and  Phone: +44 207 776 1200 
       Joint Broker) 
       Jonathan Senior 
       Giles Balleny 
      SVS Securities plc (Joint Broker)  Phone: +44 207 638 5600 
       Alex Mattey 
       Ian Callaway 
 

- Ends -

This information is provided by RNS

The company news service from the London Stock Exchange

END

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