Circio Holding ASA – Exercise of subscription rights in the rights issue by primary insiders

Summary by AI BETAClose X

Circio Holding ASA announced that certain primary insiders and close associates have participated in the ongoing rights issue. Victor Levitsky, Chief Scientific Officer, subscribed for a total of 250,000 offer shares at NOK 1.00 per share, exercising 32,698 subscription rights and subscribing for an additional 217,302 shares without rights. Sølen AS, associated with Board member Thomas Falck, subscribed for 200,000 offer shares at NOK 1.00 per share, exercising 65,164 subscription rights and subscribing for 134,836 shares without rights. Both participants are also to be allocated a corresponding number of warrants without additional consideration, subject to board allocation and completion of the rights issue.

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