Targovax ASA: Mandatory notification of trade by primary insider in connection with settlement of RSUs

Bente-Lill Bjerkelund Romøren, member of the board of directors (the “Primary Insider”) of Targovax ASA (the “Company”), has on 29 May 2019 settled 5,464 restrictive stock units (“RSUs”), which were granted at the AGM in 2016, giving the Primary Insider the right to subscribe for an equal amount of shares in the Company at a price of NOK 0.10 per share. Following the Primary Insider’s subscription of shares and registration of the Company’s new share capital, the Primary Insider and her close associates will hold 5,464 shares and 30,113 RSUs in the Company.