In pursuance of the Danish Securities Trading Act's section 29, please be informed that Bavarian Nordic A/S has received information that ATP and ATP Invest have increased their holding of shares in Bavarian Nordic A/S. ATP and ATP Invest subsequently hold 400,466 shares, corresponding to 5.12 % of the total shares in Bavarian Nordic A/S. Asger Aamund Chairman Contact: Anders Hedegaard, President & CEO | +45 23 20 30 64