AMBU A/S In April 2012, Ambu A/S issued 507,600 warrants each carrying a right to subscribe for one B share of nominally DKK 2.50. These warrants were issued to 69 employees with a vesting period of three years and may therefore be exercised in the trading window which was opened 8 November 2016 in connection with Ambu's financial report for 2015/16.
As a result, one employee has given instruction as to the exercise of 16,400 warrants to the agreed exercise price DKK 39.50 in the current trading window, and today the Board of Directors of Ambu passed a resolution to carry out the capital increase relating to the warrants exercised.
By the capital increase, the share capital of Ambu will be increased by nominally DKK 41,000 from DKK 120,926,800 to DKK 120,967,800 by the issuing of 16,400 B shares. The share capital is now divided into 41,523,120 B shares of DKK 2.50 each and 6,864,000 A shares of DKK 2.50 each.
Following this exercise of warrants and in consideration of the employees having left the company, 34,800 remaining warrants relating to the 2012 program are now distributed between three individuals.
The new B shares are expected to be admitted to trading and official listing on NASDAQ Copenhagen A/S on 22 November 2016 under the ISIN code of Ambu A/S' existing B shares (DK0010303619).
Contact
Lars Marcher, President & CEO, tel. +45 5136 2490, email: lm@ambu.com
Download this announcement as pdf: Capital increase in connection with exercise of warrants issued (no. 4)
Ambu A/S published this content on 16 November 2016 and is solely responsible for the information contained herein.
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Original documenthttp://www.ambu.com/corp/investor_relations/news/newsshow.aspx?Action=1&NewsId=2772&M=NewsV2&PID=22245
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