BioArctic repurchases employee stock options from CEO
Stockholm, May 16, 2023 – BioArctic AB’s (publ) (Nasdaq Stockholm: BIOA B) today announced that the company’s Board of Directors has decided to offer CEO Gunilla Osswald to repurchase 60,000 employee stock options issued as part of BioArctic’s employee stock option program 2019/2028 (“LTIP 2019”) (the “Options”).The Annual General Meeting 2019 resolved to adopt a long-term stock option program for employees in BioArctic. In total, 915,000 Options were granted that can be exercised to subscribe for shares under certain periods, starting 3 years after allotment. As of today, the number of