Report of transactions of shares and related securities of Bavarian Nordic by persons holding managerial responsibilities and/or persons/companies closely associated with such
COPENHAGEN, Denmark, September 4, 2026 – Bavarian Nordic A/S (OMX: BAVA) has 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.
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1. |
Details of the person discharging managerial responsibilities/person closely associated |
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a) |
Name |
Russell Thirsk |
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2. |
Reason for the notification |
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a) |
Position/status |
Executive Vice President and Chief Operating Officer of Bavarian Nordic A/S |
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b) |
Initial notification/Amendment |
Initial notification |
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Bavarian Nordic A/S |
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b) |
LEI |
2138006JCDVYIN6INP51 |
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4. |
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 conducted |
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a) |
Description of the financial instrument, type of instrument Identification code |
Shares
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b) |
Nature of the transaction |
Subscription of new shares through exercise of warrants |
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c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
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DKK 190.11 |
28,590 |
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d) |
Aggregated information - Aggregated volume - Price |
28,590 DKK 5,435,244.90 |
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e) |
Date of the transaction |
2026-09-04 |
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f) |
Place of the transaction |
Nasdaq Copenhagen A/S, XCSE |
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a) |
Description of the financial instrument, type of instrument Identification code |
Shares
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b) |
Nature of the transaction |
Sale |
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c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
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DKK 215.4782 |
28,590 |
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d) |
Aggregated information - Aggregated volume - Price |
28,590 DKK 6,160,521.74 |
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e) |
Date of the transaction |
2026-09-04 |
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f) |
Place of the transaction |
Nasdaq Copenhagen A/S, XCSE |
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1. |
Details of the person discharging managerial responsibilities/person closely associated |
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a) |
Name |
Anja Gjøl |
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2. |
Reason for the notification |
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a) |
Position/status |
Member of the Board of Directors of Bavarian Nordic A/S |
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b) |
Initial notification/Amendment |
Initial notification |
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Bavarian Nordic A/S |
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b) |
LEI |
2138006JCDVYIN6INP51 |
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4. |
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 conducted |
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a) |
Description of the financial instrument, type of instrument Identification code |
Shares
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|
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b) |
Nature of the transaction |
Sale |
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c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
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DKK 222.00 |
281 64 |
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d) |
Aggregated information - Aggregated volume - Price |
345 DKK 76,577.20 |
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e) |
Date of the transaction |
2026-09-03 |
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f) |
Place of the transaction |
Nasdaq Copenhagen A/S, XCSE |
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About Bavarian Nordic
Bavarian Nordic is a global vaccine company with a mission to improve health and save lives through innovative vaccines. We are a preferred supplier of mpox and smallpox vaccines to governments to enhance public health preparedness and have a leading portfolio of travel vaccines. For more information, visit www.bavarian-nordic.com
Contact investors:
Anders Hjort, Head of Investor Relations, ahjo@bavarian-nordic.com, Tel: +45 44 74 99 58
Graham Morrell, Gilmartin Group, graham@gilmartinir.com, Tel: +1 781 686 9600
Contact media:
Isabel Hagbrink, Head of Media Relations, isha@bavarian-nordic.com, Tel: +45 71 79 67 33
Company Announcement no. 40 / 2026