Warrant holders exercise all warrants in Lipidor’s incentive program 2018/2021
On 10 September 2018, the Board of Lipidor decided, with the authorization of the Annual General Meeting, to issue 580,000 warrants to the Company’s CEO Ola Holmlund and Senior Scientist Vibhu Rinwa within the framework of a warrant program (“LTI 2018/2021”). Lipidor announces today that all warrants in LTI 2018/2021 have been exercised for subscription of new shares in the Company. To finance the share subscription, the option holders have sold 150,000 warrants to an individual long-term investor. These transferred warrants have also been exercised.
Through the exercise, the number of shares and votes in the Company will increase by 580,000 and the number of shares in the Company will thus amount to 29,976,863 shares, amounting to a dilution of 2%.
The information was provided for publication through the office of Lipidor’s CEO on 19 October 2021 at 4.30pm (CEST).