COPENHAGEN, Denmark, September 6, 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 sale of shares following a recent exercise of warrants granted to members of the executive management as part of incentive programs launched in 2019 and 2020. The net gain from these transactions is subject to taxation, and thus a significant part of the sale is executed to off-set tax obligations. After these transactions, the net holdings of shares in Bavarian Nordic for members of the executive management has increased.
1.Details of the person discharging managerial responsibilities/person closely associated a)NamePaul John Chaplin2.Reason for the notificationa)Position/statusPresident and Chief Executive Officer of Bavarian Nordic A/Sb)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 codeShares
DK0015998017b)Nature of the transactionSalec)Price(s) and volume(s)Price(s)Volume(s) DKK 243.802798,855d)Aggregated information Aggregated volumePrice
98,855
DKK 24,101,115.91e)Date of the transaction2024-09-06f)Place of the transactionNasdaq Copenhagen A/S, XCSE
1.Details of the person discharging managerial responsibilities/person closely associated a)NameHenrik Juuel2.Reason for the notificationa)Position/statusExecutive Vice President and Chief Financial Officer of Bavarian Nordic A/Sb)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 codeShares
DK0015998017b)Nature of the transactionSalec)Price(s) and volume(s)Price(s)Volume(s) DKK 243.802734,416d)Aggregated information
