Molecular Partners AG upsizes the proposed placement to CHF 30,000,000 based on strong demand and a significant anchor order from a specialist US investor

April 13, 2016

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY,
IN OR INTO THE UNITED STATES OF AMERICA, CANADA, AUSTRALIA OR JAPAN

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Zurich-Schlieren, April 13, 2016. Molecular Partners AG (ticker: MOLN SW), a clinical-stage biopharmaceutical company that is developing a new class of therapies known as DARPins, today announced the launch of a selldown of shares. Based on significant demand and a large anchor order from a specialist US investor, the deal will now be upsized to a maximum aggregate sales price of approximately CHF 30,000,000. The vast majority of the incremental number of shares will be supplied by certain of the existing venture capital shareholders. All sellers will be subject to a 90 day lock-up.

The order book will close on April 14, 2016, 08.30am CET. The result of the transaction will be announced shortly afterwards.

UBS AG is acting as Sole Global Coordinator and Joint Bookrunner, along with J.P. Morgan as Joint Bookrunner. Bank am Bellevue and Bank Vontobel are acting as Co-Lead Managers.

Financial Calendar 2016

Annual General Meeting of Molecular Partners AG April 20, 2016
Publication of Quarterly Management Statement Q1 2016 April 28, 2016
Publication of Half-year Results 2016 September 1, 2016
Publication of Quarterly Management Statement Q3 2016 October 27, 2016

http://investors.molecularpartners.com/financial-calendar-and-events/

About Molecular Partners AG

Molecular Partners AG is a clinical-stage biopharmaceutical company that is developing a new, class of therapies known as DARPins. DARPins are potent, specific, and versatile small-protein therapies, which have the potential to offer benefits over conventional monoclonal antibodies or other currently available protein therapeutics. The DARPin technology has the potential to offer a multi-specific approach to treatment, which enables DARPins to target multiple pathways, or multiple epitopes on a single target to achieve substantial patient benefit. DARPins have the potential to advance modern medicine and significantly improve the treatment of serious diseases, including cancer and sight-threatening disorders.

Molecular Partners has four compounds in various stages of clinical and preclinical development and several more in the research stage, with a current focus on ophthalmology and oncology. The company has ongoing research and development partnerships with leading pharmaceutical companies, including Allergan and Janssen, and is backed by established biotech investors. For more information regarding Molecular Partners AG, go to: www.molecularpartners.com.

For further details, please contact:

Dr. Christian Zahnd, CEO
christian.zahnd@molecularpartners.com
Tel: +41 (0) 44 755 77 00

Andreas Emmenegger, CFO
andreas.emmenegger@molecularpartners.com
Tel: +41 (0) 44 755 77 00

Rolf Schläpfer
Hirzel.Neef.Schmid.Counselors
rolf.schlaepfer@konsulenten.ch
Tel: +41 (0) 43 344 42 42

Disclaimer

This communication does not constitute an offer or invitation to subscribe for or purchase any securities of Molecular Partners AG. This publication may contain certain forward-looking statements and assessments or intentions concerning the company and its business. Such statements involve certain risks, uncertainties and other factors which could cause the actual results, financial condition, performance or achievements of the company to be materially different from those expressed or implied by such statements. Readers should therefore not place reliance on these statements, particularly not in connection with any contract or investment decision. The company disclaims any obligation to update these forward-looking statements, assessments or intentions.

 

Important Cautionary Statement

This press release is not for distribution, directly or indirectly, in or into the United States of America. The shares that are subject of the private placement have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), or any U.S. state security laws and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the U.S. Securities Act. There will be no public offer of the shares in the United States of America.

The shares that are the subject of the private placement are not being offered or sold to any person who is not a qualified investor in accordance with applicable securities laws, i.e. who does not fall under the exemptions under the rules set out in directive 2003/71 EC of the European Parliament and of the Council of 4 November 2003 on the Prospectus to be published when securities are offered to the public or admitted to trading (and amendments thereto, including the 2010 PD Amending Directive, to the extent implemented in the Member State of the European Economic Area that has implemented directive 2003/71 EC), including any relevant implementing measures in each Member State of the European Economic Area which has implemented said directives (collectively the “Prospectus Directive”).

This press release and the information contained herein are not, and under no circumstances are to be construed as, an advertisement or a public offering of securities or as a solicitation of an offer to buy securities in Canada or any province or territory thereof, Australia or Japan.