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GlobeNewswire·

Capital Increase in Genmab as a Result of Employee Warrant Exercise

  • Genmab A/S will increase its share capital by 164,828 shares due to employee warrant exercises.
  • The capital increase has no preemption rights for existing shareholders & shares are subscribed in cash.
  • Shares are issued at varying prices ranging from DKK 1,362.5 to DKK 3,172 per share.
  • Total proceeds to the company are approximately DKK 369.7 million.
  • The increase represents approximately 0.2641% of the company's total share capital.
  • New shares are ordinary, freely transferable, & carry rights to dividends & other corporate rights from the subscription date.
  • New shares will be listed on Nasdaq Copenhagen following registration with the Danish Business Authority.
  • The total nominal value of share capital after the increase is DKK 62,570,683, corresponding to 62,570,683 votes.
  • Genmab is a biotechnology company headquartered in Copenhagen focused on antibody medicines for cancer & other serious diseases.
Company
Genmab A/S
Keywords
Copenhagen Stock Exchange:GMAB, Genmab A/S