Targovax ASA issues options to new member of management
Oslo, 2 July 2021: Reference is made to the announcement made by Targovax ASA ("Targovax" or the "Company") 1 July 2021 regarding the appointment of Lone Ottesen as the new CDO of the Company. The Board of Directors has resolved to grant 350,000 share options in the Company under the Company's long term incentive program, each with a strike price of NOK 8.51, to Lone Ottesen. Following the grant Lone Ottesen holds no shares and 350,000 options in the Company. The options are granted without consideration. Pursuant to the vesting schedule, 25% of the options will vest 12 months