In December 2013, Ambu A/S issued 2,000,000 warrants, and in December 2015 770,000 warrants, each warrant entitling the holder to subscribe for one Class B share with a nominal value of DKK 0.50. 52 individuals participate in the 2013 scheme and 46 individuals participate in the 2015 scheme. In both cases, the vesting period is three years, and all schemes can therefore be exercised in the trading window that opened on 22 August 2019 in connection with Ambu’s interim financial report for Q3 2018/19.
Since 22 August 2019, instructions have been received to exercise warrants as follows:
- 2013 scheme: Two individuals have issued instructions to exercise a total of 40,000 warrants at the agreed exercise price of DKK 13.26 per share with a nominal value of DKK 0.50.
- 2015 scheme: One individual has issued instructions to exercise a total of 40,000 warrants at the agreed exercise price of DKK 39.26 per share with a nominal value of DKK 0.50.
Today Ambu’s Board of Directors decided to carry out the capital increase relating to the exercised warrants.
As a result of the capital increase, the share capital of Ambu will be increased by a nominal amount of DKK 40,000 from DKK 125,864,800 to DKK 125,904,800 through the issue of 80,000 Class B shares.
Following this and in consideration of the employees having left the company, there are 10,000 remaining warrants under the 2013 scheme being held by one individual and 410,000 remaining warrants under the 2015 scheme being held by 27 individuals.
The new B shares are expected to be admitted to trading and official listing on NASDAQ Copenhagen A/S on 5 September 2019 under the ISIN code of Ambu A/S’ existing B shares (DK0060946788).
Under section 10 of the Danish Executive Order on disclosure requirements for issuers, Ambu A/S is to announce the total share capital and the total voting rights by the end of a month in which any change of the share capital was effected. The table below shows the total share capital and the total voting rights of Ambu A/S after the capital increase.
||Number of shares
(nominal value DKK 0.50)
Download this announcement as pdf: Company announcement no 15 2018/19