Capital increase in Lundbeck as a result of employee warrant programme
Posted: 21 May 2012 | | No comments yet
Lundbeck increases its share capital by 593 shares as a result of employee warrant exercise…
H. Lundbeck A/S (Lundbeck) today announced that it has decided to increase its share capital by DKK 2,965, as a consequence of the exercise of employee warrants.
The increase is affected without any preemption rights for the existing shareholders of the company or others. The shares are subscribed in cash at the following prices per share of nominally DKK 5: 593 shares at DKK 102. Proceeds to the company are DKK 60,486.00 (approximately USD 10,400). The increase corresponds to approximately 0.0003% 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 shall 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 2012. The new shares will be listed on NASDAQ OMX Copenhagen after registration with the Danish Commerce and Companies Agency. Lundbeck’s current share capital amounts to DKK 980,679,590 and will after the capital increase be DKK 980,682,555. The capital increase is expected to be finalized shortly.
The schemes are charged continuously to the P&L and the purchase of treasury shares will have no effect on the P&L.
