Targovax ASA issues options to new member of management
Oslo, 5 May 2020: Reference is made to the announcement made by Targovax ASA ("Targovax" or the "Company") 30 April 2020 regarding the appointment of Victor Levitsky as the new CSO of the Company. The Board of Directors has resolved to grant 250,000 share options in the Company under the Company's long term incentive program, each with a strike price of NOK 9.14, to Victor Levitsky. Following the grant Victor Levitsky holds no shares and 250,000 options in the Company. The options are granted without consideration. Pursuant to the vesting schedule, 25% of the options will vest 12