Exercise of options and sale of shares under the Employee Stock Option Program 2012/2019
Oncopeptides AB (publ) (Nasdaq Stockholm: ONCO) today announces that all stock options 1) held by management team members under the Employee Stock Option Program 2012/2019 with associated warrants have been exercised. Gains from stock option programs are taxed as ordinary income in Sweden and the company pays social security contributions on the gains. To cover individual tax liabilities a portion of the shares resulting from the exercise have been sold by the option holders and to cover the company’s social security contributions. In total the exercise will result in an issue of 1,261,000