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Ownership

Last updated: January 2017.

No. of registered shareholders Approx. 39,000
Distribution of share capital

Denmark: 64%
Luxembourg: 6%
USA: 5%
UK: 2%
Other: 10%
Non-registered: 13%

Largest shareholders ATP, Denmark (> 5 %)
Holding of own shares 0.04% *

* To hedge obligations under incentive scheme for the Company's executive management, Bavarian Nordic repurchased 11,144 shares in May 2016. See company announcements no. 18 / 2016 and 20 / 2016 for more information.