13 Apr 2023 12:01 CEST

Oslo, 13 April 2023: Reference is made to the stock exchange announcement by
Targovax ASA (OSE:TRVX) ("Targovax" or the "Company") on 30 March 2023,
regarding the board of directors' resolution to increase the share capital of
the Company in connection with the conversion of convertible bonds.

The share capital increase has now been registered with the Norwegian Register
of Business Enterprises (Nw. Foretaksregisteret). The Company's new share
capital is NOK 19,260,420.10, divided into 192,604,201 shares, each with a par
value of NOK 0,10.

For further information, please contact:
Erik Digman Wiklund, CEO
Phone: +47 413 33 536
Email: erik.wiklund@targovax.com

Renate Birkeli, Investor Relations
Phone: +47 922 61 624
Email: renate.birkeli@targovax.com

Media enquires:
Andreas Tinglum - Corporate Communications (Norway)
Phone: +47 9300 1773
Email: andreas.tinglum@corpcom.no


Source

Targovax ASA

Provider

Oslo Børs Newspoint

Company Name

TARGOVAX

ISIN

NO0010689326, NO0013033795

Symbol

TRVX

Market

Oslo Børs