Board members and management in Initiator Pharma exercise warrants
Initiator Pharma A/S (INIT) today announces that individuals in the board and managemet exercise a total of 434 197 warrants for subscription of new shares, raising approx 1,9 SEKM in proceeds to the company. The number of issued shares increases by 434 197 and the share capital increases by 45 590,685 DKK.The warrants have been exercised under the warrant program 2017/2020, approved by the Annual General Meeting of 16 May 2017, comprising 434,197 warrants and has been fully exercised according to the below distribution: [][][][]Individual[1] Position Excercised Share holding