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, June 12, 2023 – 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 vesting of restricted stock units (RSUs) awarded to members of the Board of Directors of Bavarian Nordic A/S as part of their remuneration for 2020, and in accordance with the decision by the Annual General Meeting on June 12, 2020. The three-year vesting period has now expired, and all conditions for release of the shares have been met.
|
1. |
Details of the person discharging managerial responsibilities/person closely associated |
||
|
a) |
Name |
Anders Gersel Pedersen |
|
|
2. |
Reason for the notification |
||
|
a) |
Position/status |
Deputy Chairman of the Board of Bavarian Nordic A/S |
|
|
b) |
Initial notification/Amendment |
Initial notification |
|
|
3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
||
|
a) |
Name |
Bavarian Nordic A/S |
|
|
b) |
LEI |
2138006JCDVYIN6INP51 |
|
|
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 |
||
|
a) |
Description of the financial instrument, type of instrument Identification code |
Shares
|
|
|
b) |
Nature of the transaction |
Acquisition of shares (vesting of restricted stock units) |
|
|
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
|
|
|
DKK 189.74 |
1,185 |
|
d) |
Aggregated information - Aggregated volume - Price |
1,185 DKK 225,000.00 |
|
|
e) |
Date of the transaction |
2023-06-12 |
|
|
f) |
Place of the transaction |
Outside a trading venue |
|
|
1. |
Details of the person discharging managerial responsibilities/person closely associated |
||
|
a) |
Name |
Peter Kürstein |
|
|
2. |
Reason for the notification |
||
|
a) |
Position/status |
Member of the Board of Bavarian Nordic A/S |
|
|
b) |
Initial notification/Amendment |
Initial notification |
|
|
3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
||
|
a) |
Name |
Bavarian Nordic A/S |
|
|
b) |
LEI |
2138006JCDVYIN6INP51 |
|
|
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 |
||
|
a) |
Description of the financial instrument, type of instrument Identification code |
Shares
|
|
|
b) |
Nature of the transaction |
Acquisition of shares (vesting of restricted stock units) |
|
|
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
|
|
|
DKK 189.74 |
790 |
|
d) |
Aggregated information - Aggregated volume - Price |
790 DKK 150,000.00 |
|
|
e) |
Date of the transaction |
2023-06-12 |
|
|
f) |
Place of the transaction |
Outside a trading venue |
|
|
1. |
Details of the person discharging managerial responsibilities/person closely associated |
||
|
a) |
Name |
Frank Verwiel |
|
|
2. |
Reason for the notification |
||
|
a) |
Position/status |
Member of the Board of Bavarian Nordic A/S |
|
|
b) |
Initial notification/Amendment |
Initial notification |
|
|
3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
||
|
a) |
Name |
Bavarian Nordic A/S |
|
|
b) |
LEI |
2138006JCDVYIN6INP51 |
|
|
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 |
||
|
a) |
Description of the financial instrument, type of instrument Identification code |
Shares
|
|
|
b) |
Nature of the transaction |
Acquisition of shares (vesting of restricted stock units) |
|
|
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
|
|
|
DKK 189.74 |
790 |
|
d) |
Aggregated information - Aggregated volume - Price |
790 DKK 150,000.00 |
|
|
e) |
Date of the transaction |
2023-06-12 |
|
|
f) |
Place of the transaction |
Outside a trading venue |
|
|
1. |
Details of the person discharging managerial responsibilities/person closely associated |
||
|
a) |
Name |
Anne Louise Eberhard |
|
|
2. |
Reason for the notification |
||
|
a) |
Position/status |
Member of the Board of Bavarian Nordic A/S |
|
|
b) |
Initial notification/Amendment |
Initial notification |
|
|
3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
||
|
a) |
Name |
Bavarian Nordic A/S |
|
|
b) |
LEI |
2138006JCDVYIN6INP51 |
|
|
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 |
||
|
a) |
Description of the financial instrument, type of instrument Identification code |
Shares
|
|
|
b) |
Nature of the transaction |
Acquisition of shares (vesting of restricted stock units) |
|
|
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
|
|
|
DKK 189.74 |
790 |
|
d) |
Aggregated information - Aggregated volume - Price |
790 DKK 150,000.00 |
|
|
e) |
Date of the transaction |
2023-06-12 |
|
|
f) |
Place of the transaction |
Outside a trading venue |
|
About Bavarian Nordic
Bavarian Nordic is a fully integrated vaccines company focused on the research and development, manufacturing and commercialization of life-saving vaccines. We are a global leader in smallpox and mpox vaccines, which have been developed through our long-standing partnership with the U.S. Government to enhance the public health preparedness and have a strong portfolio of vaccines for travelers and endemic diseases. Using our live virus vaccine platform technology, MVA-BN® and in-licensed technologies, we have created a diverse portfolio of proprietary and partnered product candidates designed to save and improve lives by unlocking the power of the immune system. For more information visit www.bavarian-nordic.com.
Contacts
Europe: Rolf Sass Sørensen, Vice President Investor Relations, Tel: +45 61 77 47 43
US: Graham Morrell, Paddock Circle Advisors, graham@paddockcircle.com, Tel: +1 781 686 9600
Company Announcement no. 23 / 2023