Bavarian Nordic A/S changes its registered office, increases its share capital, and announces insiders trading in company shares
Bavarian Nordic A/S has amended its Articles of Association based on the adoption of proposals in Board Resolution of 3 May 2004 and at the Annual Meeting held on 30 April 2004:
1.
Bavarian Nordic A/S has increased the share capital of the company with an additional 125,000 shares as a consequence of the warrants exercised by employees in the company and in its subsidiary (Bavarian Nordic GmbH). The new shares are valued at a price of DKK 90 per share with a nominal value of DKK 10 per share.The proceeds of the company will be total DKK 11,250,000.
The new shares will be listed on the Copenhagen Stock Exchange after registration with the Danish Commerce and Companies Agency. The share capital of the company will hereafter amount to DKK 46,394,850.
2.
At the Annual General Meeting the proposal to change the company’s registered office from the Municipality of Copenhagen to the Municipality of Helsingør was adopted. At the same time the company has moved it place of business to Bøgeskovvej 9, DK-3490 Kvistgård, Denmark
In accordance with Section 37 of the Danish Securities Trading Act, Bavarian Nordic A/S is required to publish a list of insiders' and closely related parties' trading Bavarian Nordic A/S’s shares on a daily basis, if the net value of such trades exceed DKK 50,000.
Accordingly, in the table below, the company has highlighted this information. Trading has occurred because a warrant programme has been exercised by its recipients.
