28 March 2019
Announcement no. 23/2019
Alm. Brand – Exercise of options
The release of the company’s annual report for 2018, as announced in company accouncement no. 11/2019, opened an exercise period for share options issued in March 2015, September 2015 and March 2016 respectively.
On the closing of the trading window, the holders of share options had exercised 361,643 share options, thereby acquiring an equivalent number of shares from Alm. Brand A/S at an exercise price of DKK 32.37 per share (149,443 shares), DKK 32.89 per share (10,805 shares) and DKK 39.85 per share (201,395 shares) respectively. For the purpose of these transactions, Alm. Brand A/S has sold treasury shares acquired in connection with the issue of the options in a total amount of DKK 13.2 million.
Contact
Please direct any questions regarding this announcement to Susanne Biltoft, Head of Information and Investor Relations, on tel. +45 35 47 76 61.
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