Report of transactions of shares and related securities of Bavarian Nordic by persons holding managerial responsibilities and/or persons/companies closely associated with such
COPENHAGEN, Denmark, April 22, 2024 - Bavarian Nordic A/S (OMX: BAVA) has today received information about the following transactions of the company's shares/related securities by persons holding managerial responsibilities and/or persons/companies closely associated with such.
The transactions concern the vesting of restricted stock units (RSUs) awarded to members of the Board of Directors of Bavarian Nordic A/S as part of their remuneration for 2021, and in accordance with the decision by the Annual General Meeting on April 20, 2021. The three-year vesting period has now expired, and all conditions for release of the shares have been met.
1.
|
Details of the person discharging managerial responsibilities/person closely associated
|
a)
|
Name
|
Anders Gersel Pedersen
|
2.
|
Reason for the notification
|
a)
|
Position/status
|
Deputy Chairman of the Board of Bavarian Nordic A/S
|
b)
|
Initial notification/Amendment
|
Initial notification
|
3.
|
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
|
a)
|
Name
|
Bavarian Nordic A/S
|
b)
|
LEI
|
2138006JCDVYIN6INP51
|
4.
|
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
|
a)
|
Description of the financial instrument, type of instrument
Identification code
|
Shares
DK0015998017
|
b)
|
Nature of the transaction
|
Acquisition of shares (vesting of restricted stock units)
|
c)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
|
|
DKK 273.25
|
823
|
d)
|
Aggregated information
|
823
DKK 225,000.00
|
e)
|
Date of the transaction
|
2024-04-22
|
f)
|
Place of the transaction
|
Outside a trading venue
|
1.
|
Details of the person discharging managerial responsibilities/person closely associated
|
a)
|
Name
|
Peter Kürstein
|
2.
|
Reason for the notification
|
a)
|
Position/status
|
Member of the Board of Bavarian Nordic A/S
|
b)
|
Initial notification/Amendment
|
Initial notification
|
3.
|
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
|
a)
|
Name
|
Bavarian Nordic A/S
|
b)
|
LEI
|
2138006JCDVYIN6INP51
|
4.
|
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
|
a)
|
Description of the financial instrument, type of instrument
Identification code
|
Shares
DK0015998017
|
b)
|
Nature of the transaction
|
Acquisition of shares (vesting of restricted stock units)
|
c)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
|
|
DKK 273.25
|
548
|
d)
|
Aggregated information
|
548
DKK 150,000.00
|
e)
|
Date of the transaction
|
2024-04-22
|
f)
|
Place of the transaction
|
Outside a trading venue
|
1.
|
Details of the person discharging managerial responsibilities/person closely associated
|
a)
|
Name
|
Frank Verwiel
|
2.
|
Reason for the notification
|
a)
|
Position/status
|
Member of the Board of Bavarian Nordic A/S
|
b)
|
Initial notification/Amendment
|
Initial notification
|
3.
|
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
|
a)
|
Name
|
Bavarian Nordic A/S
|
b)
|
LEI
|
2138006JCDVYIN6INP51
|
4.
|
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
|
a)
|
Description of the financial instrument, type of instrument
Identification code
|
Shares
DK0015998017
|
b)
|
Nature of the transaction
|
Acquisition of shares (vesting of restricted stock units)
|
c)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
|
|
DKK 273.25
|
548
|
d)
|
Aggregated information
|
548
DKK 150,000.00
|
e)
|
Date of the transaction
|
2024-04-22
|
f)
|
Place of the transaction
|
Outside a trading venue
|
1.
|
Details of the person discharging managerial responsibilities/person closely associated
|
a)
|
Name
|
Anne Louise Eberhard
|
2.
|
Reason for the notification
|
a)
|
Position/status
|
Member of the Board of Bavarian Nordic A/S
|
b)
|
Initial notification/Amendment
|
Initial notification
|
3.
|
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
|
a)
|
Name
|
Bavarian Nordic A/S
|
b)
|
LEI
|
2138006JCDVYIN6INP51
|
4.
|
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
|
a)
|
Description of the financial instrument, type of instrument
Identification code
|
Shares
DK0015998017
|
b)
|
Nature of the transaction
|
Acquisition of shares (vesting of restricted stock units)
|
c)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
|
|
DKK 273.25
|
548
|
d)
|
Aggregated information
|
548
DKK 150,000.00
|
e)
|
Date of the transaction
|
2024-04-22
|
f)
|
Place of the transaction
|
Outside a trading venue
|
1.
|
Details of the person discharging managerial responsibilities/person closely associated
|
a)
|
Name
|
Anja Gjøl
|
2.
|
Reason for the notification
|
a)
|
Position/status
|
Member of the Board of Bavarian Nordic A/S
|
b)
|
Initial notification/Amendment
|
Initial notification
|
3.
|
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
|
a)
|
Name
|
Bavarian Nordic A/S
|
b)
|
LEI
|
2138006JCDVYIN6INP51
|
4.
|
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
|
a)
|
Description of the financial instrument, type of instrument
Identification code
|
Shares
DK0015998017
|
b)
|
Nature of the transaction
|
Acquisition of shares (vesting of restricted stock units)
|
c)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
|
|
DKK 273.25
|
548
|
d)
|
Aggregated information
|
548
DKK 150,000.00
|
e)
|
Date of the transaction
|
2024-04-22
|
f)
|
Place of the transaction
|
Outside a trading venue
|
1.
|
Details of the person discharging managerial responsibilities/person closely associated
|
a)
|
Name
|
Linette Munksgaard Andersen
|
2.
|
Reason for the notification
|
a)
|
Position/status
|
Member of the Board of Bavarian Nordic A/S
|
b)
|
Initial notification/Amendment
|
Initial notification
|
3.
|
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
|
a)
|
Name
|
Bavarian Nordic A/S
|
b)
|
LEI
|
2138006JCDVYIN6INP51
|
4.
|
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
|
a)
|
Description of the financial instrument, type of instrument
Identification code
|
Shares
DK0015998017
|
b)
|
Nature of the transaction
|
Acquisition of shares (vesting of restricted stock units)
|
c)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
|
|
DKK 273.25
|
548
|
d)
|
Aggregated information
|
548
DKK 150,000.00
|
e)
|
Date of the transaction
|
2024-04-22
|
f)
|
Place of the transaction
|
Outside a trading venue
|
1.
|
Details of the person discharging managerial responsibilities/person closely associated
|
a)
|
Name
|
Karen Merete Jensen
|
2.
|
Reason for the notification
|
a)
|
Position/status
|
Member of the Board of Bavarian Nordic A/S
|
b)
|
Initial notification/Amendment
|
Initial notification
|
3.
|
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
|
a)
|
Name
|
Bavarian Nordic A/S
|
b)
|
LEI
|
2138006JCDVYIN6INP51
|
4.
|
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
|
a)
|
Description of the financial instrument, type of instrument
Identification code
|
Shares
DK0015998017
|
b)
|
Nature of the transaction
|
Acquisition of shares (vesting of restricted stock units)
|
c)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
|
|
DKK 273.25
|
548
|
d)
|
Aggregated information
|
548
DKK 150,000.00
|
e)
|
Date of the transaction
|
2024-04-22
|
f)
|
Place of the transaction
|
Outside a trading venue
|
1.
|
Details of the person discharging managerial responsibilities/person closely associated
|
a)
|
Name
|
Thomas Alex Bennekov
|
2.
|
Reason for the notification
|
a)
|
Position/status
|
Member of the Board of Bavarian Nordic A/S
|
b)
|
Initial notification/Amendment
|
Initial notification
|
3.
|
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
|
a)
|
Name
|
Bavarian Nordic A/S
|
b)
|
LEI
|
2138006JCDVYIN6INP51
|
4.
|
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
|
a)
|
Description of the financial instrument, type of instrument
Identification code
|
Shares
DK0015998017
|
b)
|
Nature of the transaction
|
Acquisition of shares (vesting of restricted stock units)
|
c)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
|
|
DKK 273.25
|
548
|
d)
|
Aggregated information
|
548
DKK 150,000.00
|
e)
|
Date of the transaction
|
2024-04-22
|
f)
|
Place of the transaction
|
Outside a trading venue
|
About Bavarian Nordic
Bavarian Nordic is a fully integrated vaccine company with a mission to protect and save lives through innovative vaccines. We are a global leader in smallpox and mpox vaccines, supplied to governments to enhance public health preparedness and have a strong portfolio of vaccines for travelers and endemic diseases. For more information visit www.bavarian-nordic.com.
Contacts
Europe: Rolf Sass Sørensen, Vice President Investor Relations, Tel: +45 61 77 47 43
US: Graham Morrell, Paddock Circle Advisors, [email protected], Tel: +1 781 686 9600
Company Announcement no. 08 / 2024
Attachment
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