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Targovax ASA: Exercise of employee share options and restricted stock units in Targovax ASA

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Reference is made to the stock exchange notice of 10 February 2017 regarding increase of the share capital in Targovax ASA (the "Company") relating to exercise of employee options and settlement of restricted stock units. As per 24 February 2017,

  • 4,502 shares each with a par value of NOK 0.10 were subscribed by employees holding vested options; and
  • 4,417 shares each with a par value of NOK 0.10 were subscribed by board members holding vested restricted stock units.

The new share capital in the Company will accordingly be NOK 4,219,971.90. The share capital increase will be registered in the Register of Business Enterprises (NW: Foretaksregisteret) as soon as practically possible.

For further information please contact:
Øystein Soug
CEO
Phone: +47 906 56 525
Email: oystein.soug@targovax.com


This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

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