Share transactions - Leading employees


Statement of leading employees’ transactions with NORDEN shares and related securities

As stated in NORDEN’s annual report of 7 March 2012, NORDEN has established a share option programme for leading employees and other key employees, in total 68 employees (against 65 employees last year). Each share option entitles the recipient to acquire 1 NORDEN share denominated in DKK. As in 2011, 350,000 share options have been granted this year. The share options may be exercised in the period from 7 March 2015 to 7 March 2018.


Announcement no. 5