Director/PDMR Shareholding
February 04 2010 - 8:43AM
UK Regulatory
TIDMNVOB
In accordance with Section 28a of the Danish Securities Trading Act, Novo
Nordisk is required on a daily basis to publish trading in Novo Nordisk shares
by the company's board members, executives and their associated persons as
reported by those persons to Novo Nordisk.
Please find below a statement of such trading in shares issued by Novo Nordisk.
+--------------------------------+--------------------------------+
|Name |Kurt Anker Nielsen |
+--------------------------------+--------------------------------+
|Reason for reporting |Member of the Board of Directors|
+--------------------------------+--------------------------------+
|Financial instrument and ID code|Novo Nordisk B DK006010261 |
+--------------------------------+--------------------------------+
|Type of transaction |Sale of shares |
+--------------------------------+--------------------------------+
|Date of transaction |3 February 2010 |
+--------------------------------+--------------------------------+
|Place of transaction |NASDAQ OMX Copenhagen |
+--------------------------------+--------------------------------+
|Volume of transaction |2,000 shares |
+--------------------------------+--------------------------------+
|Total value of transaction |DKK 755,400 |
+--------------------------------+--------------------------------+
Definitions and background information:
Publication
Publication shall take place the day after Novo Nordisk receives sufficient
information on the trading. Publication is only required when the total amount
of transactions of a specific board member/executive and his/her associated
persons in any one calendar year has reached 5,000 euros.
Board members and executives are members of the Board of Directors and Executive
Management, respectively, of Novo Nordisk A/S. Associated persons are defined as
the following persons associated to a board member/executive: 1) spouse or
cohabitant, 2) children under the age of 18 years, 3) relatives defined as
brothers, sisters, parents, grandparents etc, children, grandchildren etc who
have shared the same household with a board member/executive for at least one
year, and 4) any legal person, including a company, a foundation or a
partnership, which is controlled directly or indirectly by a board
member/executive and/or a person mentioned in 1)-3), or to which a board
member/executive and/or a person mentioned in 1)-3) has managerial
responsibilities or economic interests substantially equivalent to the legal
person.
What is trading/transaction?
Trading is any kind of transaction, including shares purchased or otherwise
acquired, shares sold or otherwise disposed, gifts, mortgages and grants and
exercise of options, but not heritage.
Financial instrument includes shares listed on the NASDAQOMX Copenhagen and
London Stock Exchange as well as ADRs listed on New York Stock Exchange, except
for ADRs held in 401(k) retirement plan by US-based employees. The ID code is
the code (ISIN DK006010261) of the Novo Nordisk share on the NASDAQ OMX
Copenhagen, the code (NVOB) on London Stock Exchange or the code (NVO) on New
York Stock Exchange.
The volume of transaction is the number of shares (of DKK 1 nominal value) or
other financial instruments traded. The transaction value is the number of
shares traded multiplied by the transaction price. The exchange rate of the
Danish Central Bank (Nationalbanken) on the date of transaction is used for
calculating the transaction value in DKK in case of shares traded on London
Stock Exchange and ADRs listed on New York Stock Exchange.
Novo Nordisk is a healthcare company and a world leader in diabetes care. In
addition, Novo Nordisk has a leading position within areas such as haemostasis
management, growth hormone therapy and hormone replacement therapy. Novo Nordisk
manufactures and markets pharmaceutical products and services that make a
significant difference to patients, the medical profession and society. With
headquarters in Denmark, Novo Nordisk employs over 29,300 employees in 81
countries, and markets its products in 179 countries. Novo Nordisk's B shares
are listed on the stock exchanges in Copenhagen and London. Its ADRs are listed
on the New York Stock Exchange under the symbol 'NVO'. For more information,
visit novonordisk.com.
For further information please contact:
Media: Investors:
Outside North America: Outside North America:
Mette Kruse Danielsen Klaus Bülow Davidsen
Tel: (+45) 4442 3883 Tel: (+45) 4443 3176
E-mail:mkd@novonordisk.com E-mail:klda@novonordisk.com
<mailto:mkd@novonordisk.com> <mailto:klda@novonordisk.com>
Kasper Roseeuw Poulsen
Tel: (+45) 4442 4471
E-mail:krop@novonordisk.com
<mailto:krop@novonordisk.com>
In North America: In North America
Sean Clements Hans Rommer
Tel: (+1) 609 514 8316 Tel: (+1) 609 919 7937
E-mail:secl@novonordisk.com E-mail:hrmm@novonordisk.com
<mailto:lrmo@novonordisk.com> <mailto:hrmm@novonordisk.com>
Company Announcement no 6 /2010
[HUG#1380778]
Company Announcement no 6 2010: http://hugin.info/2013/R/1380778/340236.pdf
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