Targovax ASA: Exercise of options under LTI program and resolution to increase the share capital
Oslo, 1 March 2021: 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 an exercise period for vested share options under the Company's long-term incentive program for employees. The exercise period for the LTI program commenced on 19 February 2021 at 10:00 hours (CET) and ended on 1 March 2021 at 10:00 hours (CET). 1. Exercise of options In total, 29,788 options were exercised, giving the option holders the right to subscribe for 29,788 shares, each with a par value of