Targovax ASA: Exercise price of options

With reference to the Stock exchange notification issued 1 February 2018 regarding options to employees:

The exercise price of the granted options is NOK 17.17. The exercise price is equal to the volume weighted average trading price of the shares of the Company on Oslo Børs on the date of the grant.

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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.