Board members and management in Initiator Pharma exercise warrants
PRESS RELEASE 23 December 2020 Initiator Pharma A/S (INIT) today announces that individuals in the board and managemet exercise a total of 324 114 warrants for subscription of new shares, raising approx 1,3 SEKM in proceeds to the company. The number of issued shares increases by 324 114 and the share capital increases by 34 031,97 DKK.The warrants have been exercised under the warrant program 2018/2020, approved by the Annual General Meeting of 25 May 2018, comprising 434,197 warrants and has been 75%