Ichor is also a Scancell SH13 Mar 2019 14:32
just to remind you
As expected, and in line with the Company’s commercialisation plans, an option fee will be payable (within 30
days of exercise) to Ichor, with further milestone payments due from the start of future Phase 3 clinical trials.
The Company has also granted an extension of the period for exercise of the Tranche 2 share options
(3,184,620 ordinary shares) issued as part payment for the licence option, which will be immediately exercised
by, subscribed for and allotted to Ichor, as part of the Company’s exercise of the commercial licence option.
Ichor has agreed to hold these Tranche 2 shares for a period of at least two years from their date of issue