Major shareholder announcement

Company announcement no. 8/2021

With reference to the company announcement no. 1/2021 dated 14 June 2021, the Prospectus as published by Aquaporin A/S, CVR no. 28315694, (“Aquaporin” or the “Company”) in connection with the initial public offering (the "Offering") and admission to trading and official listing of the Company’s shares on Nasdaq Copenhagen A/S on 14 June 2021 (the “Prospectus”) and company announcement no. 5/2021 dated 28 June 2021 regarding the result of the Offering, Aquaporin hereby announces that it has received the following notification pursuant to Section 38 of the Danish Capital Markets Act regarding M. Goldschmidt Capital A/S and Danica Pension, Livsforsikringsaktieselskab’s holding of shares in Aquaporin.

M. Goldschmidt Capital A/S

Prior to completion of the Offering, M. Goldschmidt Capital A/S held 3,675,202 shares in Aquaporin corresponding to 43.51% of Aquaporin’s share capital and voting rights.

M. Goldschmidt Capital A/S has reduced its shareholding in Aquaporin as a consequence of:

• the dilution resulting from the Company’s issuance of 1,445,087 new shares in connection with the Offering.
• the sale of 644,909 shares in Aquaporin of a nominal value of DKK 1;
• the purchase of 115,607 shares in Aquaporin of a nominal value of DKK 1;  and
• the lending of 377,168 shares in Aquaporin of a nominal value of DKK 1 each by M. Goldschmidt Capital A/S to the Global Coordinator for the purposes of delivery of shares to investors as a result of the overallotment facility in connection with the Offering.

Following completion and settlement of the above transactions in connection with the Offering and assuming full exercise of the Overallotment Option, M. Goldschmidt Capital A/S will hold a total of 2,768,732 shares (i.e. excluding lending shares pursuant to the overallotment facility, which may be redelivered solely to cover overallotments or short positions) of a nominal value of DKK 1 each, corresponding to 27.47% of the total share capital and voting rights.

In connection with the overallotment facility, M. Goldschmidt Capital A/S has granted to the Global Coordinator and stabilization manager in the Offering an option (the “Overallotment Option”) to purchase up to 377,168 additional shares at the offer price, exercisable, in whole or in part, from the first day of trading in, and official listing of, the Shares on Nasdaq Copenhagen until 30 calendar days thereafter, incurred in connection with the Offering, in order to facilitate redelivery of shares borrowed by the Global Coordinator under a share lending agreement for the purpose of the overallotment facility. If the overallotment option is not exercised in full, shares corresponding to the unexercised part of the Overallotment Option will be redelivered to M. Goldschmidt Capital A/S. 

M. Goldschmidt Capital A/S is a limited liability company under the laws of Denmark with its registered address at Grønningen 25, 1270 Copenhagen K, Denmark, and is ultimately controlled by Mikael Goldschmidt.

Danica Pension, Livsforsikringsaktieselskab

Prior to the completion of the Offering, Danica Pension, Livsforsikringsaktieselskab held 1,929,734 shares in Aquaporin corresponding to 22.84% of Aquaporin’s share capital and voting rights.

Danica Pension, Livsforsikringsaktieselskab has reduced its shareholding in Aquaporin as a consequence of:

• the dilution resulting from the Company’s issuance of 1,445,087 new shares in connection with the Offering; and
• the sale of 322,455 shares in connection with the Offering.

Following completion and settlement of the above transactions in connection with the Offering, Danica Pension, Livsforsikringsaktieselskab’s, will hold a total of 1,607,729 shares of a nominal value of DKK 1 each, corresponding to 15.95% of the total share capital and voting rights.

Danica Pension, Livsforsikringsaktieselskab has its registered office on Holmens Kanal 2-12, 1060 København K, Denmark, and is ultimately controlled by Danske Bank A/S.

For additional information, please contact:

Niels Heering, Chairman

Peter Holme Jensen, CEO

Mikkel Tanderup, Head of Investor Relations

Contact information: +45 53 55 55 05, investorrelations@aquaporin.com

About Aquaporin

The Company is a water technology company headquartered in Denmark with operations in Denmark, Singapore and the United States. The aim of the Company’s technology is to contribute to a more sustainable world by focusing on encouraging responsible consumption of water. As a result, the Company is committed to developing and providing cost-efficient, sustainable and environmentally responsible solutions to the growing need for access to clean drinking water, treating and reusing wastewater and improving concentration and separation performance. For this purpose, the Company has developed a proprietary and patent-protected formulation for the protein aquaporin, which enables a high rejection rate of pollutants, high recovery rate of clean water and low energy consumption. The Company’s proprietary technology, Aquaporin Inside®, is based on Nobel Prize-winning research and used to clean and reuse water in our homes and in the industrial water and food and beverage industry. Aquaporin works with customers and partners around the globe to sustainably treat industrial wastewater, concentrate food and beverage products and enhance drinking water quality and accessibility. Read more on www.aquaporin.com