Algeta, a Norwegian cancer-therapeutics company, held an extraordinary general meeting on March 4, at which a private placement was approved and two non-executive directors were elected.
It was resolved that eligible shareholders will receive one subscription rights per 2.50918 shares held in a Repair Offering.
Additionally, Joe Anderson and Shahzad Malik were elected to the board as non-executive directors, as of March 5 and board member Patrick Lee resigned.
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