Liege, Belgium, 19 December 2023 – 17:45 CEST – Mithra Pharmaceuticals SA (the “Company” or “Mithra”) (Euronext Brussels: MITRA), a company dedicated to Women’s Health, today announces that its board of directors has issued, within the framework of the authorised capital, a new share option plan for eligible personnel, covering 7,615,500 share options (the “2023 Share Option Plan”).
The share options under the 2023 Share Option Plan have a term of ten years (unless contractually reduced in the grant to a selected participant) and can be exercised in accordance with the provisions of the 2023 Share Option Plan (the conditions of which can be found on the Company’s website). Each share option gives the right to subscribe for one new share of the Company. The share options will not be listed on any stock market.
The purpose of the 2023 Share Option Plan is to create a share option plan for eligible members of the personnel of the Company (defined in accordance with article 1:27 of the Belgian Companies and Associations Code), taking into account the recent expiration of the 2018 share option plan.
The reports prepared by the board of directors and the Company’s statutory auditor (in accordance with article 7:198 juncto articles 7:180 and 7:191 of the Belgian Companies and Associations Code) with respect to the creation of the 2023 Share Option Plan are available on the Company’s website.