S Launches Offering of up to 1,221,419 New Shares in a Directed Issue - Seite 3

The Offering represents up to 13.4% of the current registered share capital before the Offering and up to 11.8% of the registered share capital post the Offering.

The New Shares will be issued under the temporary ISIN code DK0062498176. No application for admission to trading and official listing has been, or will be, filed for the New Shares issued under the temporary ISIN code, and the temporary ISIN code will only be registered with VP Securities A/S (“Euronext Securities”) for subscription of the New Shares. The temporary ISIN code in Euronext Securities will be merged with the permanent ISIN code for the existing shares, DK0060915478, as soon as possible following registration of the share capital increase with the Danish Business Authority. The New Shares are expected to be admitted to trading and official listing on Nasdaq Copenhagen A/S in the permanent ISIN code for the existing shares, DK0060915478, on or around 3 July 2023.

The admission to trading and official listing of the New Shares is subject to the Offering not being withdrawn prior to the settlement of the Offering and the Company making an announcement to that effect.

SETTLEMENT
The Offering will be settled through Euronext Securities by way of book entry against cash payment.

EXPECTED TIMETABLE FOR THE OFFERING

Date		Event
Expected Monday 26 June 2023		Launch
Expected Tuesday 27 June 2023		Trade date, pricing, allocation and announcement of the results of the Offering,
Expected Tuesday 27 June 2023		Notice from Nasdaq re expected listing of the New Shares
Expected Thursday 29 June 2023		Settlement and payment for the New Shares
Expected Thursday 29 June 2023		Registration of the capital increase with the Danish Business Authority
Expected Friday 30 June 2023		Admission to trading and official listing of the New Shares on Nasdaq Copenhagen A/S
Expected Monday 3 July 2023		Temporary ISIN code in Euronext Securities is merged with permanent ISIN code