Share Issue/Capital Change • Apr 30, 2021
Share Issue/Capital Change
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BerGenBio ASA: Share capital increase
Bergen, Norway, 30 April 2021 - Reference is made to the stock exchange notice
published by BerGenBio ASA (the "Company") (OSE: BGBIO) on 23 April 2021 where
the Company announced that the board of directors of the Company had resolved to
increase the Company's share capital in connection with the exercise of options
pursuant to the Company's share option program. A total of 66,173 options were
exercised and 66,173 new shares were issued at an average subscription price of
NOK 17.46 per share.
The share capital increase has been duly registered in the Norwegian Register of
Business Enterprises. Following such registration, the Company's share capital
is NOK 8,788,775.50 divided into 87,887,755 shares, each with a nominal value of
NOK 0.10.
-End-
About BerGenBio ASA
BerGenBio is a clinical-stage biopharmaceutical company focused on developing
transformative drugs targeting AXL as a potential cornerstone of therapy for
aggressive diseases, including immune-evasive, therapy resistant cancers. The
company's proprietary lead candidate, bemcentinib, is a potentially first-in
-class selective AXL inhibitor in a broad phase II clinical development
programme focused on combination and single agent therapy in lung cancer,
leukaemia and COVID-19. A first-in-class functional blocking anti-AXL
antibody, tilvestamab, is undergoing phase I clinical testing. In
parallel, BerGenBio is developing a companion diagnostic test to identify
patient populations most likely to benefit from AXL inhibition: this is expected
to facilitate more efficient registration trials supporting a precision medicine
-based commercialisation strategy. BerGenBio is based in Bergen, Norway with a
subsidiary in Oxford, UK. The company is listed on the Oslo Stock Exchange
(ticker: BGBIO). For more information, visit?www.bergenbio.com
Contacts
Richard Godfrey
CEO, BerGenBio ASA
Rune Skeie
CFO, BerGenBio ASA
Forward looking statements
This announcement may contain forward-looking statements, which as such are not
historical facts, but are based upon various assumptions, many of which are
based, in turn, upon further assumptions. These assumptions are inherently
subject to significant known and unknown risks, uncertainties, and other
important factors. Such risks, uncertainties, contingencies and other important
factors could cause actual events to differ materially from the expectations
expressed or implied in this announcement by such forward-looking statements.
This information is subject to the disclosure requirements pursuant to section 5
-12 of the Norwegian Securities Trading Act.
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