Transactions with shares and linked securities in H. Lundbeck A/S made by executives and their closely associated parties
Valby, Denmark, 2 March 2020 – H. Lundbeck A/S (Lundbeck) hereby publishes and reports transactions made by executives and persons closely associated with them with shares and linked securities in Lundbeck.
| 1. | Details of the person discharging managerial responsibilities / person closely associated | ||
| a) | Name | Deborah Dunsire | |
| 2. | Reason for the notification | ||
| a) | Position/status | President and CEO | |
| b) | Initial notification/Amendment | Initial notification | |
| 3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
||
| a) | Name | H. Lundbeck A/S | |
| b) | LEI code | 5493006R4KC2OI5D3470 | |
| 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 instrument Identification code |
Other (Restricted Cash Unit) DK 0010287234 | |
| b) | Nature of the transaction | Other transaction (grant of Restricted Cash Units in accordance with long-term incentive program. Each Restricted Cash Unit includes a right to receive an amount equal to the market price of one share at time of vesting. The vesting period is three years, and the right is subject to certain vesting criteria being met) | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| 0 | 30,012 | ||
| d) | Aggregated information - Aggregated volume - Price |
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| e) | Date of the transaction | 2020-03-02 | |
| f) | Place of the transaction | Outside a trading venue | |
| 1. | Details of the person discharging managerial responsibilities / person closely associated | ||
| a) | Name | Anders Götzsche | |
| 2. | Reason for the notification | ||
| a) | Position/status | Executive Vice President & CFO | |
| b) | Initial notification/Amendment | Initial notification | |
| 3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
||
| a) | Name | H. Lundbeck A/S | |
| b) | LEI code | 5493006R4KC2OI5D3470 | |
| 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 instrument Identification code |
Other (Restricted Share Unit) DK 0010287234 | |
| b) | Nature of the transaction | Other transaction (Grant of Restricted Share Units in accordance with long-term incentive program. Each Restricted Share Unit includes a right to receive one share after a three-year vesting period, subject to certain vesting criteria being met) | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| 0 | 8,960 | ||
| d) | Aggregated information - Aggregated volume - Price |
||
| e) | Date of the transaction | 2020-03-02 | |
| f) | Place of the transaction | Outside a trading venue (shares received after vesting will be listed on NASDAQ Copenhagen XCSE) | |
| 1. | Details of the person discharging managerial responsibilities / person closely associated | ||
| a) | Name | Lars Bang | |
| 2. | Reason for the notification | ||
| a) | Position/status | Executive Vice President, Global Product Development & Supply | |
| b) | Initial notification/Amendment | Initial notification | |
| 3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
||
| a) | Name | H. Lundbeck A/S | |
| b) | LEI code | 5493006R4KC2OI5D3470 | |
| 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 instrument Identification code |
Other (Restricted Share Unit) DK 0010287234 | |
| b) | Nature of the transaction | Other transaction (Grant of Restricted Share Units in accordance with long-term incentive program. Each Restricted Share Unit includes a right to receive one share after a three-year vesting period, subject to certain vesting criteria being met) | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| 0 | 7,258 | ||
| d) | Aggregated information - Aggregated volume - Price |
||
| e) | Date of the transaction | 2020-03-02 | |
| f) | Place of the transaction | Outside a trading venue (shares received after vesting will be listed on NASDAQ Copenhagen XCSE) | |
| 1. | Details of the person discharging managerial responsibilities / person closely associated | ||
| a) | Name | Jacob Tolstrup | |
| 2. | Reason for the notification | ||
| a) | Position/status | Executive Vice President, Commercial Operations | |
| b) | Initial notification/Amendment | Initial notification | |
| 3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
||
| a) | Name | H. Lundbeck A/S | |
| b) | LEI code | 5493006R4KC2OI5D3470 | |
| 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 instrument Identification code |
Shares (Restricted Share Units) DK 0010287234 | |
| b) | Nature of the transaction | Other transaction (Grant of Restricted Share Units in accordance with long-term incentive program. Each Restricted Share Unit includes a right to receive one share after a three-year vesting period, subject to certain vesting criteria being met) | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| 0 | 6,967 | ||
| d) | Aggregated information - Aggregated volume - Price |
||
| e) | Date of the transaction | 2020-03-02 | |
| f) | Place of the transaction | Outside a trading venue (shares received after vesting will be listed on NASDAQ Copenhagen XCSE) | |
| 1. | Details of the person discharging managerial responsibilities / person closely associated | ||
| a) | Name | Johan Luthman | |
| 2. | Reason for the notification | ||
| a) | Position/status | Executive Vice President, Research & Development | |
| b) | Initial notification/Amendment | Initial notification | |
| 3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
||
| a) | Name | H. Lundbeck A/S | |
| b) | LEI code | 5493006R4KC2OI5D3470 | |
| 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 instrument Identification code |
Shares (Restricted Share Units) DK 0010287234 | |
| b) | Nature of the transaction | Other transaction (Grant of Restricted Share Units in accordance with long-term incentive program. Each Restricted Share Unit includes a right to receive one share after a three-year vesting period, subject to certain vesting criteria being met) | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| 0 | 6,738 | ||
| d) | Aggregated information - Aggregated volume - Price |
||
| e) | Date of the transaction | 2020-03-02 | |
| f) | Place of the transaction | Outside a trading venue (shares received after vesting will be listed on NASDAQ Copenhagen XCSE) | |
| 1. | Details of the person discharging managerial responsibilities / person closely associated | ||
| a) | Name | Keld Flintholm Jørgensen | |
| 2. | Reason for the notification | ||
| a) | Position/status | Executive Vice President & Chief Business Officer, Corporate Strategy & Business Development (person discharging managerial responsibilities in accordance with the Market Abuse Regulation, Article 3(1), nr. 25(b)) | |
| b) | Initial notification/Amendment | Initial notification | |
| 3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
||
| a) | Name | H. Lundbeck A/S | |
| b) | LEI code | 5493006R4KC2OI5D3470 | |
| 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 instrument Identification code |
Shares (Restricted Share Units) DK 0010287234 | |
| b) | Nature of the transaction | Other transaction (Grant of Restricted Share Units in accordance with long-term incentive program. Each Restricted Share Unit includes a right to receive one share after a three-year vesting period, subject to certain vesting criteria being met) | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| 0 | 5,099 | ||
| d) | Aggregated information - Aggregated volume - Price |
||
| e) | Date of the transaction | 2020-03-02 | |
| f) | Place of the transaction | Outside a trading venue (shares received after vesting will be listed on NASDAQ Copenhagen XCSE) | |
| 1. | Details of the person discharging managerial responsibilities / person closely associated | ||
| a) | Name | Elise Hauge | |
| 2. | Reason for the notification | ||
| a) | Position/status | Executive Vice President, People & Communication (person discharging managerial responsibilities in accordance with the Market Abuse Regulation, Article 3(1), nr. 25(b)) | |
| b) | Initial notification/Amendment | Initial notification | |
| 3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
||
| a) | Name | H. Lundbeck A/S | |
| b) | LEI code | 5493006R4KC2OI5D3470 | |
| 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 instrument Identification code |
Shares (Restricted Share Units) DK 0010287234 | |
| b) | Nature of the transaction | Other transaction (Grant of Restricted Share Units in accordance with long-term incentive program. Each Restricted Share Unit includes a right to receive one share after a three-year vesting period, subject to certain vesting criteria being met) | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| 0 | 4,189 | ||
| d) | Aggregated information - Aggregated volume - Price |
||
| e) | Date of the transaction | 2020-03-02 | |
| f) | Place of the transaction | Outside a trading venue (shares received after vesting will be listed on NASDAQ Copenhagen XCSE) | |
| 1. | Details of the person discharging managerial responsibilities / person closely associated |
||||
| a) | Name | Peter Anastasiou | |||
| 2. | Reason for the notification | ||||
| a) | Position/status |
|
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| b) | Initial notification/Amendment | Initial notification | |||
| 3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
||||
| a) | Name | H. Lundbeck A/S (the long-term incentive program is issued by Lundbeck LLC, a subsidiary of H. Lundbeck A/S) | |||
| b) | LEI code | 5493006R4KC2OI5D3470 | |||
| 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 instrument Identification code |
Other (Long-term incentive cash bonus program with a maximum value of USD 746,201. The value is partly dependent on the development in H. Lundbeck A/S’ share price). DK 0010287234 | |||
| b) | Nature of the transaction | Other transaction (receipt of long-term incentive program) | |||
| c) | Price(s) and volume(s) | Price(s) | Volume(s) | ||
| N/A* | N/A* | ||||
| d) | Aggregated information - Aggregated volume - Price |
Ad.(*): No shares are issued, cf. description above. | |||
| e) | Date of the transaction | 2020-03-02 | |||
| f) | Place of the transaction | Issued by Lundbeck LLC | |||
Persons under an obligation to report are defined as members of the Executive Management, members of the Board of Directors and other executives of H. Lundbeck A/S and persons/entities closely associated to them.
Closely associated persons/entities means inter alia:
- spouse or cohabitant
- dependent children
- legal entities in which the executive has a controlling influence.
Lundbeck contacts
Investors: Media:
Palle Holm Olesen Mads Kronborg
Vice President, Investor Relations Senior Director, Corporate Communication
PALO@lundbeck.com MAVK@lundbeck.com
+45 30 83 24 26 +45 36 43 40 00
About H. Lundbeck A/S
H. Lundbeck A/S (LUN.CO, LUN DC, HLUYY) is a global pharmaceutical company specialized in brain diseases. For more than 70 years, we have been at the forefront of neuroscience research. We are tirelessly dedicated to restoring brain health, so every person can be their best.
An estimated 700 million people worldwide are living with brain diseases and far too many suffer due to inadequate treatment, discrimination, a reduced number of working days, early retirement and other unnecessary consequences. Every day, we strive for improved treatment and a better life for people living with brain diseases – we call this Progress in Mind.
Read more at www.lundbeck.com/global/about-us/progress-in-mind.
For additional information, we encourage you to visit our corporate site www.lundbeck.com and connect with us on Twitter at @Lundbeck and via LinkedIn.
H. Lundbeck A/S
Ottiliavej 9, 2500 Valby, Denmark
+45 3630 1311
info@lundbeck.com