Targovax ASA: Settlement of restricted stock units and resolution to increase the share capital
Oslo, 26 March 2020: The board of directors of Targovax ASA (OSE:TRVX) ("Targovax" or the "Company") has resolved to increase the share capital of the Company following the completion of a settlement period for vested restricted stock units ("RSUs"). The settlement period commenced on 12 March 2020 at 10:00 hours (CET) and ended on 20 March 2020 at 10:00 hours (CET). 1. Settlement of RSUs In total 76,195 RSUs were settled, giving the board members settling vested RSUs the right to subscribe for in total 76,195 shares, each with a par value of NOK 0.10, at a subscription price of NOK 0.