Targovax ASA: GRANT OF SHARE OPTIONS TO NEW CFO
Oslo, 7 March 2022: Reference is made to the announcement made by Targovax ASA (“Targovax” or the “Company”) 28 February 2022 regarding the appointment of Lubor Gaal as the new CFO of the Company. The Board of Directors has resolved to grant 300,000 share options in the Company under the Company’s long term incentive program, each with a strike price of NOK 1.53, to Lubor Gaal. Following the grant of the 300,000 share options referred to above, Lubor Gaal holds nil shares and 300,000 options in the Company. The options are granted without consideration. Pursuant to the vesting