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-Bavarian Nordic raises capital to DKK260.9m through share issue.

NORDIC BUSINESS REPORT-December 2, 2011--Bavarian Nordic raises capital to DKK260.9m through share issue(C)2011 M2 COMMUNICATIONS

1 December 2011 - Danish biotech company Bavarian Nordic A/S (CPH:BAVA) announced Thursday that the nominal value of its share capital has grown to DKK260.9m after the share issue from mid-November.

Bavarian Nordic has 26,094,361 shares with a par value of DKK10 and they correspond to the same number of voting rights.

The company issued 213,716 new shares in the middle of November as a milestone payment for CEO Reiner Laus and two ex employees, formerly also owners, in the unit BN ImmunoTherapeutics Inc.

(EUR1 = DKK7.7)

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Publication:Nordic Business Report
Date:Dec 2, 2011
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