Brief: Targovax Says Board Signed Joint Demerger And Merger Plan For Transfer Of Operational Activities Of Co To Its Unit Targovax Solution

Circio Holding ASA

14/03/2022 18:39

March 14 (Reuters) - Targovax ASA  TRVX.OL :
    * TARGOVAX - PROPOSAL TO IMPLEMENT A DROP-DOWN DEMERGER
    * TARGOVAX -  BOARD SIGNED JOINT DEMERGER AND MERGER PLAN
FOR
TRANSFER OF OPERATIONAL ACTIVITIES OF CO TO ITS UNIT TARGOVAX
SOLUTION AS
    * TARGOVAX ASA - TRANSFER IS PROPOSED CARRIED OUT AS A
"DROP-DOWN
DEMERGER" WHERE DEMERGERS OPERATIONS, ASSETS TO SUBSIDIARY
ATHOMSTART INVEST 586 AS
    * TARGOVAX ASA - IMMEDIATELY AFTER DEMERGER, ATHOMSTART
INVEST 586
AS MERGES WITH COMPANY'S WHOLLY OWNED SUBSIDIARY, TARGOVAX
SOLUTION AS

Source text for Eikon:  ID:nWkr138ST9 
Further company coverage:  TRVX.OL 

 ((Reuters.Briefs@thomsonreuters.com;))