Zealand Pharma Increases its Share Capital as a Consequence of Exercise of Employee Warrants
The increase is a consequence of the exercise of warrants granted under one of Zealand Pharma's employee warrant programs.
- The increase is a consequence of the exercise of warrants granted under one of Zealand Pharma's employee warrant programs.
- Employee warrant programs are part of Zealand Pharmas incentive scheme, and each warrant gives the owner the right to subscribe for one new Zealand Pharma share at a pre specified price, the exercise price, in specific predefined time periods before expiration.
- The amendments to Zealand Pharmas Articles of Association entailed by the share capital increase have been set out below.
- Zealand Pharma A/S (Nasdaq: ZEAL) ("Zealand") is a biotechnology company focused on the discovery and development of peptide-based medicines.