Bavarian Nordic issues 28,590 shares after executive warrant exercise

Sep 4, 2026 06:20 (49d ago)

Bavarian Nordic issued 28,590 new shares after Executive Vice President and Chief Operating Officer Russell Thirsk exercised warrants.
The shares were subscribed at DKK 190.1128 each for DKK 5,435,244.90, while Thirsk sold the same number at DKK 215.478 each.
Board member Anja Gjøl sold 345 shares, and the new shares are due to be listed on Nasdaq Copenhagen as soon as possible.

Bavarian Nordic A/S increased its share capital by nominally DKK 285,900 after Executive Vice President and Chief Operating Officer Russell Thirsk exercised warrants for 28,590 new shares at DKK 190.1128 each. The transaction generated DKK 5,435,244.90, or approximately DKK 5.4 million, without pre-emption rights for existing shareholders or others. Thirsk sold the same 28,590 shares at DKK 215.478 each on September 4, 2026, while board member Anja Gjøl sold 345 shares on September 3. The new shares rank pari passu with existing shares and are due to be admitted to trading and official listing on Nasdaq Copenhagen as soon as possible. Following the increase, Bavarian Nordic had 79,265,318 shares and votes and total nominal share capital of DKK 792,653,180.