As per 2 December 2011 the new shares issued due to conversion of debt will be admitted to trading on NASDAQ OMX Copenhagen.
We refer to the announcements published by Bavarian Nordic.
| ISIN: | DK0015998017 |
| Name: | Bavarian Nordic |
| Volume before change: | 25,880,645 shares (DKK 258,806,450) |
| Change: | 213,716 shares (DKK 2,137,160) |
| Volume after change: | 26,094,361 shares (DKK 260,943,610) |
| Conversion price: | DKK 38.65 |
| Face value: | DKK 10 |
| Orderbook code: | BAVA |
| Orderbook ID: | 3333 |
For further information, please contact: Helene Gaustad Jeppesen, Surveillance, tel. +45 33 93 33 66
