Targovax – Proposal to implement a drop-down demerger
Lysaker, 14 March 2022: The Board of Directors of Targovax has today, on 14 March 2022, signed a joint demerger and merger plan, respectively, for the transfer of the operational activities of the Company to its wholly-owned subsidiary, Targovax Solution AS. The transfer is proposed carried out as a "drop-down demerger" where the Company demergers operations and assets to its subsidiary Athomstart Invest 586 AS. Immediately after the demerger, Athomstart Invest 586 AS merges with the Company's wholly owned subsidiary, Targovax Solution AS, whereby the merger consideration is issued in