Capital Increase in Genmab as a Result of Employee Warrant Exercise

On March 2, 2021 Genmab A/S (Nasdaq: GMAB) reported that it will increase its share capital by 41,574 shares as a consequence of the exercise of employee warrants (Press release, Genmab, MAR 2, 2021, View Source [SID1234575928]).

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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:

600 shares at DKK 31.75,
21,690 shares at DKK 40.41,
125 shares at DKK 55.85,
300 shares at DKK 220.40,
1,000 shares at DKK 225.30,
73 shares at DKK 815.50,
3,563 shares at DKK 939.50,
10,005 shares at DKK 1,032.00,
250 shares at DKK 1,136.00,
3,176 shares at DKK 1,145.00,
300 shares at DKK 1,233.00,
367 shares at DKK 1,408.00,
85 shares at DKK 1,424.00, and
40 shares at DKK 1,432.00.

Proceeds to the company are approximately DKK 19.9 million. The increase corresponds to approximately 0.06% 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 2020. 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 65,587,322 which is made up of 65,587,322 shares of a nominal value of DKK 1 each, corresponding to 65,587,322 votes.