Copenhagen, Denmark; June 2, 2010 - Pursuant to Section 28a of the Danish
Securities Trading Act, Genmab A/S (OMX: GEN) shall make public information on
transactions by managerial employees and their related parties involving Genmab
shares and related instruments, as follows:
Name: Michael B. Widmer
Reason: Member of the Board of Directors
Issuer: Genmab A/S
ID code/ ISIN: DK0010272202
Description: Warrants
Transaction: Grant
Trading date: June 2, 2010
Market: NASDAQ OMX Copenhagen A/S
Number: 15,000
Value: DKK 377,250
Name: Anders Gersel Pedersen
Reason: Member of the Board of Directors
Issuer: Genmab A/S
ID code/ ISIN: DK0010272202
Description: Warrants
Transaction: Grant
Trading date: June 2, 2010
Market: NASDAQ OMX Copenhagen A/S
Number: 7,500
Value: DKK 188,625
Name: Karsten Havkrog Pedersen
Reason: Member of the Board of Directors
Issuer: Genmab A/S
ID code/ ISIN: DK0010272202
Description: Warrants
Transaction: Grant
Trading date: June 2, 2010
Market: NASDAQ OMX Copenhagen A/S
Number: 7,500
Value: DKK 188,625
Name: Burton G. Malkiel
Reason: Member of the Board of Directors
Issuer: Genmab A/S
ID code/ ISIN: DK0010272202
Description: Warrants
Transaction: Grant
Trading date: June 2, 2010
Market: NASDAQ OMX Copenhagen A/S
Number: 7,500
Value: DKK 188,625
Name: Hans Henrik Munch-Jensen
Reason: Member of the Board of Directors
Issuer: Genmab A/S
ID code/ ISIN: DK0010272202
Description: Warrants
Transaction: Grant
Trading date: June 2, 2010
Market: NASDAQ OMX Copenhagen A/S
Number: 7,500
Value: DKK 188,625
Name: Nedjad Losic
Reason: Member of the Board of Directors
Issuer: Genmab A/S
ID code/ ISIN: DK0010272202
Description: Warrants
Transaction: Grant
Trading date: June 2, 2010
Market: NASDAQ OMX Copenhagen A/S
Number: 7,500
Value: DKK 188,625
Name: Tom Vink
Reason: Member of the Board of Directors
Issuer: Genmab A/S
ID code/ ISIN: DK0010272202
Description: Warrants
Transaction: Grant
Trading date: June 2, 2010
Market: NASDAQ OMX Copenhagen A/S
Number: 7,500
Value: DKK 188,625
Name: Daniel Bruno
Reason: Member of the Board of Directors
Issuer: Genmab A/S
ID code/ ISIN: DK0010272202
Description: Warrants
Transaction: Grant
Trading date: June 2, 2010
Market: NASDAQ OMX Copenhagen A/S
Number: 7,500
Value: DKK 188,625
Name: Lisa N. Drakeman
Reason: President, Chief Executive Officer and member of the Board of Directors
Issuer: Genmab A/S
ID code/ ISIN: DK0010272202
Description: Warrants
Transaction: Grant
Trading date: June 2, 2010
Market: NASDAQ OMX Copenhagen A/S
Number: 120,000
Value: DKK 3,018,000
Name: Jan G. J. van de Winkel
Reason: President, Research & Development and Chief Scientific Officer
Issuer: Genmab A/S
ID code/ ISIN: DK0010272202
Description: Warrants
Transaction: Grant
Trading date: June 2, 2010
Market: NASDAQ OMX Copenhagen A/S
Number: 70,000
Value: DKK 1,760,500
Name: David A. Eatwell
Reason: Chief Financial Officer
Issuer: Genmab A/S
ID code/ ISIN: DK0010272202
Description: Warrants
Transaction: Grant
Trading date: June 2, 2010
Market: NASDAQ OMX Copenhagen A/S
Number: 70,000
Value: DKK 1,760,500
The exercise price for each warrant is DKK 46.74. Each warrant entitles the
owner to subscribe one share of nominally DKK 1. On the basis of an exercise
price of DKK 46.74 and by application of the Black-Scholes formula, the average
value of each warrant can be calculated as DKK 25.15 based on an interest rate
of 2.55% and the historical volatility of Genmab A/S shares calculated at
59.63%.
About Genmab A/S
Genmab is a leading international biotechnology company focused on developing
fully human antibody therapeutics for the potential treatment of cancer.
Genmab's world class discovery and development teams are using cutting-edge
technology to create and develop products to address unmet medical needs. Our
primary goal is to improve the lives of patients who are in urgent need of new
treatment options. For more information on Genmab's products and technology,
visit www.genmab.com.
This Stock Exchange Release contains forward looking statements. The words
“believe”, “expect”, “anticipate”, “intend” and “plan” and similar expressions
identify forward looking statements. Actual results or performance may differ
materially from any future results or performance expressed or implied by such
statements. The important factors that could cause our actual results or
performance to differ materially include, among others, risks associated with
product discovery and development, uncertainties related to the outcome and
conduct of clinical trials including unforeseen safety issues, uncertainties
related to product manufacturing, the lack of market acceptance of our products,
our inability to manage growth, the competitive environment in relation to our
business area and markets, our inability to attract and retain suitably
qualified personnel, the unenforceability or lack of protection of our patents
and proprietary rights, our relationships with affiliated entities, changes and
developments in technology which may render our products obsolete, and other
factors. For a further discussion of these risks, please refer to the section
“Risk Management” in Genmab's Annual Report, which is available on
www.genmab.com. Genmab does not undertake any obligation to update or revise
forward looking statements in this Stock Exchange Release nor to confirm such
statements in relation to actual results, unless required by law.
Genmab(R); the Y-shaped Genmab logo(R); HuMax(R); HuMax-CD20(R); HuMax-EGFr(TM);
HuMax-IL8(TM); HuMax-TAC(TM); HuMax-HepC(TM); HuMax-CD38(TM); HuMax-CD32b(TM);
HuMax-TF(TM); HuMax-Her2(TM); HuMax-VEGF(TM); HuMax-Wnt; HuMax-cMet(TM) and
UniBody(R) are all trademarks of Genmab A/S. Arzerra(R) is a trademark of
GlaxoSmithKline.
Contact: Helle Husted, Vice President, Investor Relations, T: +45 33 44 77 30,
M: +45 25 27 47 13, E: h.husted@genmab.com
Stock Exchange Release no. 21/2010
###
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