Result of incentive program in Initiator Pharma A/S
PRESS RELEASE 1 October 2021 The AGM held on May 28, 2021 approved a long-term incentive program (“LTI2021”) for key personnel and board members. Under this program the board is authorized to allow participants in the program to acquire up to 220.000 ordinary shares in the market at market price (“Investment Shares”) until September 30, 2021, with each Investment Share carrying the right to subscribe for 1 new share at par value at the next AGM providing that the individual owning the Investment Share is still with the company at the time (“Matching Share”). Each Investment Share