TARGOVAX ASA - KEY INFORMATION RELATED TO THE SUBSEQUENT OFFERING
Oslo, 14 October 2020: Reference is made to the stock exchange announcement by
Targovax ASA (OSE:TRVX) (“Targovax” or the “Company”), earlier today regarding
the successful completion of a private placement of 10,344,828 new shares in the
Company (the “Private Placement”) and a potential subsequent offering of up to
1,500,000 new shares (the “Subsequent Offering”).
In accordance with the continuing obligations for companies listed on the Oslo
Stock Exchange, the following key information is given with respect to the
Subsequent Offering:
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Date on which the terms and conditions of the repair issue were announced: 14
October 2020 -
Last day including right: 14 October 2020
-
Ex-date: 15 October 2020
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Record date: 16 October 2020
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Date of approval: 14 October 2020*
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Maximum number of new shares: 1,500,000
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Subscription price: NOK 7.25
*Other information: The Subsequent Offering is subject to the publication of a
prospectus approved by the Norwegian Financial Supervisory Authority.
Notwithstanding the foregoing, the board of directors may, in its sole
discretion, decide that the Company shall not carry out the Subsequent Offering.