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, April 22, 2024* – 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 2021, and in accordance with the decision by the Annual General Meeting on April 20, 2021. 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 instrumentIdentification code SharesDK0015998017
b) Nature of the transaction Acquisition of shares (vesting of restricted stock units)
c) Price(s) and volume(s) *Price(s)* *Volume(s)* DKK 273.25 823
d) Aggregated information
· Aggregated volume
· Price
823
DKK 225,000.00
e) Date of the transaction 2024-04-22
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 instrumentIdentification code SharesDK0015998017
b) Nature of the transaction Acquisition of shares (vesting of restricted stock units)
c) Price(s) and volume(s) *Price(s)* *Volume(s)* DKK 273.25 548
d) Aggregated information
· Aggregated volume
· Price
548
DKK 150,000.00
e) Date of the transaction 2024-04-22
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 instrumentIdentification code SharesDK0015998017
b) Nature of the transaction Acquisition of shares (vesting of restricted stock units)
c) Price(s) and volume(s) *Price(s)* *Volume(s)* DKK 273.25 548
d) Aggregated information
· Aggregated volume
· Price
548
DKK 150,000.00
e) Date of the transaction 2024-04-22
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 instrumentIdentification code SharesDK0015998017
b) Nature of the transaction Acquisition of shares (vesting of restricted stock units)
c) Price(s) and volume(s) *Price(s)* *Volume(s)* DKK 273.25 548
d) Aggregated information
· Aggregated volume
· Price
548
DKK 150,000.00
e) Date of the transaction 2024-04-22
f) Place of the transaction Outside a trading venue
*1.* *Details of the person discharging managerial responsibilities/person closely associated*
a) Name Anja Gjøl
*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 instrumentIdentification code SharesDK0015998017
b) Nature of the transaction Acquisition of shares (vesting of restricted stock units)
c) Price(s) and volume(s) *Price(s)* *Volume(s)* DKK 273.25 548
d) Aggregated information
· Aggregated volume
· Price
548
DKK 150,000.00
e) Date of the transaction 2024-04-22
f) Place of the transaction Outside a trading venue
*1.* *Details of the person discharging managerial responsibilities/person closely associated*
a) Name Linette Munksgaard Andersen
*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 instrumentIdentification code SharesDK0015998017
b) Nature of the transaction Acquisition of shares (vesting of restricted stock units)
c) Price(s) and volume(s) *Price(s)* *Volume(s)* DKK 273.25 548
d) Aggregated information
· Aggregated volume
· Price
548
DKK 150,000.00
e) Date of the transaction 2024-04-22
f) Place of the transaction Outside a trading venue
*1.* *Details of the person discharging managerial responsibilities/person closely associated*
a) Name Karen Merete Jensen
*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 instrumentIdentification code SharesDK0015998017
b) Nature of the transaction Acquisition of shares (vesting of restricted stock units)
c) Price(s) and volume(s) *Price(s)* *Volume(s)* DKK 273.25 548
d) Aggregated information
· Aggregated volume
· Price
548
DKK 150,000.00
e) Date of the transaction 2024-04-22
f) Place of the transaction Outside a trading venue
*1.* *Details of the person discharging managerial responsibilities/person closely associated*
a) Name Thomas Alex Bennekov
*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 instrumentIdentification code SharesDK0015998017
b) Nature of the transaction Acquisition of shares (vesting of restricted stock units)
c) Price(s) and volume(s) *Price(s)* *Volume(s)* DKK 273.25 548
d) Aggregated information
· Aggregated volume
· Price
548
DKK 150,000.00
e) Date of the transaction 2024-04-22
f) Place of the transaction Outside a trading venue
*About Bavarian Nordic*
Bavarian Nordic is a fully integrated vaccine company with a mission to protect and save lives through innovative vaccines. We are a global leader in smallpox and mpox vaccines, supplied to governments to enhance public health preparedness and have a strong portfolio of vaccines for travelers and endemic diseases. 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. 08 / 2024
*Attachment*
· 2024-08-en