COPENHAGEN, Denmark, May 7, 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 grants of restricted stock units as part of the remuneration of the Board of Directors as adopted at the ordinary general meeting on April 16, 2024. Restricted stock units equivalent to the value of 50% of the annual cash fee for members of the Board of Directors are granted, and the number of restricted stock units has now been calculated based on an average of the closing price of the Company’s shares over a period of 15 trading days after the annual general meeting. The acquisition of restricted stock units is conditional upon the recipient not having passed away prior to the expiry of the vesting period, a minimum of three years from the grant date.
1.Details of the person discharging managerial responsibilities/person closely associated a)NameLuc Debruyne2.Reason for the notificationa)Position/statusChair of the Board of Bavarian Nordic A/S b)Initial notification/AmendmentInitial notification3.Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitora)NameBavarian Nordic A/Sb)LEI2138006JCDVYIN6INP514.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 conducteda)Description of the financial instrument, type of instrument
Identification codeRestricted Stock Units
DK0015998017b)Nature of the transactionGrantc)Price(s) and volume(s)Price(s)Volume(s) DKK 02,966d)Aggregated information Aggregated volumePrice
2,966
DKK 0e)Date of the transaction2024-05-07f)Place of the transactionOutside a trading venue
1.Details of the person discharging managerial responsibilities/person closely associated a)NameAnders Gersel Pedersen2.Reason for the notificationa)Position/statusDeputy Chair of the Board of Bavarian Nordic A/S b)Initial notification/AmendmentInitial notification3.Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitora)NameBavarian Nordic A/Sb)LEI2138006JCDVYIN6INP514.Details of the transaction(s):
