Targovax ASA: Issuance of restricted stock unites (RSUs) to the chairman of the board of directors
Reference is made to the extraordinary general meeting of Targovax ASA (the "Company") on 30 November 2017, where Patrick Vink was elected as chairman of the Company's board of directors and the Company was authorized to issue restricted stock units ("RSUs") to Patrick Vink. The RSUs are non-transferable and each RSU gives the right and obligation to acquire one share in the Company at a price of NOK 0.10 per share (corresponding to the nominal value of the shares) subject to satisfaction of the applicable vesting conditions. Patrick Vink has resolved to receive his full board