Annual report 2020
The following is a summary of options programmes existing in the Group as at 31 December 2020.
Warrants in TO21 and TO26 has been issued to the Board of Directors on market terms, following a decision by the Annual General Meeting
Warrants TO25 has been issued to the company's partner Masen as part of a partner agreement.
Warrant TO 22, TO23, TO27 and TO28 have been issued to the company's employees om market terms.
Two option programs expired in 2020 and 49,500 shares were issued because of these options.
Shares in TO25 will be paid via set-off against debt for accrued services performed by Masen and other shares will be paid in cash.