Report on transactions with ALK-Abelló A/S B-shares and associated securities by managerial staff

ALK (ALKB:DC / OMX: ALK B / AKABY / AKBLF) reports the following transactions:

1.	Details of the person discharging managerial responsibility / person closely associated
a)	Name	Carsten Hellmann
2.	Reason for the notification
a)	Position/status	President & CEO
b)	Initial notification/ amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	ALK-Abelló A/S
b)	LEI	529900SGCREUZCZ7P020
4.	Details of the transaction(s): section to be repeated for (i) each type of instrument: (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Share options DK0060027142
b)	Nature of the transaction	Purchase (exercise of share options / purchase of shares – cash settlement) The purchase price is based on the price at grant adjusted upwards annually by 2.5% less dividend payments
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		DKK 4,986,444	5,900
d)	Aggregated information - Aggregated volume - Price	5,900 DKK 4,986,444
e)	Date of the transaction	2020-05-19
f)	Place of the transaction	NASDAQ Copenhagen

1.	Details of the person discharging managerial responsibility / person closely associated
a)	Name	Carsten Hellmann
2.	Reason for the notification
a)	Position/status	President & CEO
b)	Initial notification/