Member of the board of directors Shomit Ghose has stopped selling FluoGuide shares, after have sold 4500 shares in the period 28 to 30 September 2021
October 1, 2021
Copenhagen, Denmark, 1 October 2021 – FluoGuide A/S (“FluoGuide” or the “Company”) today announces that Shomit Ghose (board member) has sold shares to pay income tax on his shareholdings in FluoGuide due to U.S. tax regulations.
Shomit Ghose has in the period 28 to 30 September sold 4,500 shares at an average price of 90,11 SEK per share.
Shomit Ghose has informed FluoGuide that he has finished the selling of shares with these last transactions.
“Due to the success of FluoGuide, I have to pay tax on my shareholdings of FluoGuide and I have decided to finance this by selling some of my shares in FluoGuide”, says Shomit Ghose, member of the Board of Directors of FluoGuide and continues: “I have a strong confidence in FluoGuide with a visionary leadership, promising technology and execution power I have rarely seen even compared to a U.S. standard. I am very proud to be part of its exciting development and committed to contribute to fully utilizing FluoGuide’s data utilization potential in advance surgical guidance.”
The transactions are reported to The Danish Financial Supervisory Authority (Danish: “Finanstilsynet”) in accordance with current regulations.
For more information please contact:
Henrik Moltke, CFO
Phone: +45 22 44 54 04
Svensk Kapitalmarknadsgransking AB
Phone: +46 70 755 95 51
FluoGuide’s primary focus is to maximize surgical outcomes in oncology. The Company’s lead product, FG001, is designed to improve surgical precision by illuminating cancer cells intraoperatively. The improved precision enabled by FluoGuide’s products has a dual benefit – it reduces both the frequency of local recurrence post-surgery and lessens surgical sequelae. Ultimately, the improved precision will improve a patient’s chance of achieving a complete cure and will lower system-wide healthcare costs. The Company is conducting a proof-of-concept clinical study (phase I/II) to demonstrate the effect of FG001 in patients with high grade glioma. FluoGuide is listed on Nasdaq First North Sweden under the ticker “FLUO”.