Prolongation of the share buyback program

The Board of Directors of Initiator Pharma A/S (“Initiator” or the “Company”) has today resolved to prolong the duration of the share buyback until 26 July 2022

With reference to the company announcement published on 22 Jun 2022 regarding share buyback, the Board of Directors in Initiator have today resolved to prolong the duration of the share buyback until 26 July 2022. Initially the buyback was scheduled to be completed at 14 July 2022 at the latest, but as Initiator have not yet acquired the required number of shares amounting to 24,000 an extension of the buyback is necessary. Initiator will publish an announcement, when the buyback of 24,000 shares have been finalized on or before 26 July 2022.