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Lundbeck Increases Share Capital

H. Lundbeck A/S has decided to increase its share capital by DKK 202,400, as a result 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: 5,382 shares at DKK 115, 12,666 shares at DKK 102, 18,327 shares at DKK 97 and 4,105 shares at 121. Proceeds to the company are DKK 4,185,286, or approximately USD 635,608. The increase corresponds to approximately 0.0206 percent of the company’s share capital. The new shares are ordinary shares without any special rights and are freely transferable negotiable instruments.

Source: Lundbeck