Report of transactions of shares and related securities of Bavarian Nordic by persons holding managerial responsibilities and/or persons/companies closely associated with such
Pursuant to Section § 28a of the Danish Act on Securities Trading, Bavarian Nordic A/S shall make public transactions of shares and related securities of Bavarian Nordic A/S by persons holding managerial responsibilities and/or persons/companies closely associated with such.
Name
A.J. Aamund A/S
Reason for transaction
Related to the chairman of the Board of Bavarian Nordic A/S
Issuer
Bavarian Nordic A/S
ID code/ISIN
DK0015998017
Description
Pre-emption rights
Transction
Sales of pre-emption rights
Trading date
10 June 2005
Market
Copenhagen Stock Exchange
Number
13,478
Market value (DKK)
584,675.64
A.J. Aamund A/S informs that the sale of pre-emption rights does not change A.J. Aamund A/S’s commitment to subscribe to new shares corresponding to gross proceeds of approximately DKK 60.0 million. A.J. Aamund A/S expect to subscribe to new shares corresponding to gross proceeds of approximately DKK 70.0 million, i.e. an additional DKK 10.0 million compared to the commitment. The sale of pre-emption rights, as announced herein above, is part of the exceeding amount of A.J. Aamund A/S’s pre-emption rights after subscription of new shares for approximately DKK 70.0 million.
Name
Eigil Bjerl Nielsen
Reason for transaction
Member of the Board
Issuer
Bavarian Nordic A/S
ID code/ISIN
DK0015998017
Description
Pre-emption rights
Transction
Sales of pre-emption rights
Trading date
10 June 2005
Market
Copenhagen Stock Exchange
Number
10,000
Market value (DKK)
435,000.00
Correction: In the Danish version of Stock Exchange Announcement 21-05 of 10 June 2005 the information regarding transaction for Eigil Bjerl Nielsen was incorrectly stated (with regards to "Description" and "Trans-action") as "Shares (new)" and "Purchase/exercise" of pre-emption rights". "Description" and "Transaction" should have stated "Pre-emption rights" and "Sales of pre-emption rights", respectively.
