Capital Increase in Genmab as a Result of Employee Warrant Exercise

On May 11, 2021 Genmab A/S (Nasdaq: GMAB) reported that it will increase its share capital by 33,418 shares as a consequence of the exercise of employee warrants (Press release, Genmab, MAY 11, 2021, View Source [SID1234579663]).

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The increase is effected without any preemption rights for the existing shareholders of the company or others. The shares are subscribed in cash at the following price per share of nominally DKK 1:

2,600 shares at DKK 40.41,
1,440 shares at DKK 225.30,
8,750 shares at DKK 337.40,
1,375 shares at DKK 636.50,
400 shares at DKK 815.50,
6,050 shares at DKK 939.50,
4,594 shares at DKK 1,032.00,
1,317 shares at DKK 1,145.00,
2,865 shares at DKK 1,210.00,
1,000 shares at DKK 1,233.00, and
3,027 shares at DKK 1,432.00.

Proceeds to the company are approximately DKK 25.6 million. The increase corresponds to approximately 0.05% of the company’s share capital.

The new shares are ordinary shares without any special rights and are freely transferable negotiable instruments. The new shares give rights to dividends and other rights in relation to the company as of subscription, i.e. inter alia full rights to dividends for the financial year 2021. The new shares will be listed on Nasdaq Copenhagen after registration with the Danish Business Authority. The capital increase is expected to be finalized shortly.

Pursuant to section 32 of the Danish Capital Markets Act No. 1767 of November 27, 2020, it is hereby announced, that the total nominal value of Genmab A/S’ share capital after the capital increase is DKK 65,620,740 which is made up of 65,620,740 shares of a nominal value of DKK 1 each, corresponding to 65,620,740 votes.