Faronin sivultä löytyy vain:
Faron Pharmaceuticals Ltd
(“Faron” or the “Company”)
Results of
the Extraordinary General Meeting
Company Announcement, September 22, 2023
TURKU - FINLAND / BOSTON, MA, September 22, 2023 - Faron Pharmaceuticals Ltd (AIM: FARN, First North: FARON), a clinical-stage biopharmaceutical company focused on tackling cancers via novel immunotherapies, announces that the extraordinary general meeting (the “EGM”) of the Company took place today, September 22, 2023 in Turku, Finland. The EGM approved all proposals of the Board of Directors (“Board”) as set out in the notice of the EGM published on September 1, 2023.
Decisions of the EGM
Composition of the Board
The number of members of the Board was confirmed as seven. Christine Roth and Marie-Louise Fjällskog were elected as new members to the Board for a term that ends at the end of the next annual general meeting. Following the election, the Board of the Company comprises of the following members: Frank Armstrong (Chair), Marie-Louise Fjällskog, Markku Jalkanen, Erik Ostrowski, John Poulos, Tuomo Pätsi and Christine Roth.
Amendment of the Option Plan 2015
The EGM resolved to amend the terms and conditions of the option programme adopted by the Company’s extraordinary general meeting on September 15, 2015, which has later been amended by the decision of the annual general meetings held on May 16, 2017, May 18, 2020 and April 23, 2021 (the “Option Plan 2015”) so that the subscription period for shares based on the options is extended by two (2) years, i.e., until 30 September 2025. The amendment applies to all options under the Option Plan 2015 (A options, B options, C options and D options). The terms and conditions of the Option Plan 2015 remains otherwise unchanged.
Minutes of the EGM
The minutes of the EGM will be available on the Company’s website from October 5, 2023 at the latest.