Nov 24 (Reuters) - Targovax ASA TRVX.OL :
* TERMS OF FULLY UNDERWRITTEN RIGHTS ISSUE
* SHARE CAPITAL OF COMPANY IS PROPOSED TO BE INCREASED BY
NOK
10,174,418.60 THROUGH ISSUE OF 101,744,186 OFFER SHARES
* SUBSCRIPTION PRICE IS PROPOSED TO BE NOK 1.72 PER NEW
SHARE
OFFERED IN RIGHTS ISSUE, REPRESENTING A DISCOUNT OF ABOUT 35%
* COMPANY WILL RAISE APPROXIMATELY NOK 175 MILLION IN GROSS
PROCEEDS IN RIGHTS ISSUE
Source text for Eikon: ID:nWkrbpPjtT
Further company coverage: TRVX.OL
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