Orexo Plans Issue, Repurchase of 2.4 Million Class C Shares
Orexo Plans Issue, Repurchase of 2.4 Million Class C Shares

Orexo Plans Issue, Repurchase of 2.4 Million Class C Shares

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Several companies announced recent share issuances and allotments as part of their long-term incentive plans and capital raising efforts. Swedish pharmaceutical company Orexo AB resolved to issue and immediately repurchase 2,446,000 class C shares to support its long-term incentive programs, with shares to be converted into ordinary shares for qualifying participants. Baronsmead Second Venture Trust plc completed an offer to raise up to £30 million through the allotment of 6,882,040 new ordinary shares, with the final allotment advanced to June 18, 2025. Harworth Group plc issued 14,096 new ordinary shares to satisfy employee share awards under its 2019 Share Incentive Plan, bringing its total shares outstanding to 325,756,773. These transactions reflect ongoing corporate strategies to incentivize employees and raise capital while maintaining transparency with shareholders about voting rights and share capital structure.

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