Company Announcement
COPENHAGEN, Denmark; August 13, 2024 – Genmab A/S (Nasdaq: GMAB) will increase its share capital by 28,193 shares as a consequence of the exercise of employee warrants.
The increase is effected without any preemption rights for the existing shareholders of the company or others. The shares are subscribed in cash at the following price per share of nominally DKK 1:
107 shares at DKK 962.00,
27,188 shares at DKK 1,032.00,
279 shares at DKK 1,050.00,
125 shares at DKK 1,334.50,
484 shares at DKK 1,432.00, and
10 shares at DKK 1,615.00.
Proceeds to the company are approximately DKK 29.3 million. The increase corresponds to approximately 0.04% of the company’s share capital.
The increase includes the exercise of 24,461 warrants by President and Chief Executive Officer Jan van de Winkel. This will take Jan van de Winkel’s personal holding of shares in Genmab A/S from 606,127 to 630,588 shares.
The new shares are ordinary shares without any special rights and are freely transferable negotiable instruments. The new shares give rights to dividends and other rights in relation to the company as of subscription. The new shares will be listed on Nasdaq Copenhagen after registration with the Danish Business Authority. The capital increase is expected to be finalized shortly.
Pursuant to section 32 of the Danish Capital Markets Act No. 198 of February 26, 2024, it is hereby announced, that the total nominal value of Genmab A/S’ share capital after the capital increase is DKK 66,165,102 which is made up of 66,165,102 shares of a nominal value of DKK 1 each, corresponding to 66,165,102 votes.
About Genmab
Genmab is an international biotechnology company with a core purpose of guiding its unstoppable team to strive toward improving the lives of patients with innovative and differentiated antibody therapeutics. For 25 years, its passionate, innovative and collaborative team has
