In April 2011, Ambu A/S issued 110,000 warrants each carrying a right to subscribe for one B share of nominally DKK 10. These warrants were issued to 49 employees with a vesting period of 3 years and may therefore be exercised from and including the date of the trading window which was opened 2 May 2014 in connection with Ambu's interim financial report for the 2nd quarter 2013/14.
As a result, 19 employees have given instructions as to the exercise of 24,000 warrants 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 240,000 from DKK 119,080,800 to DKK 119,320,800 by the issuing of 24,000 B shares. The share capital is now divided into 10,216,080 B shares of DKK 10 each and 1,716,000 A shares of DKK 10 each.
Following this exercise of warrants and in consideration of the employees having left the company, 62,500 remaining warrants relating to the 2011 program are now distributed between 21 individuals.
The new B shares are expected to be admitted to trading and official listing on NASDAQ OMX Copenhagen A/S on 14 May 2014 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
Ambu A/S
Baltorpbakken 13
DK-2750 Ballerup
Tel. +45 7225 2000
CVR no.: 63 64 49 19
www.ambu.com
