Valby,
+--+-----------------+----------+---------+
|1.|Details of the |
| |person |
| |discharging |
| |managerial |
| |responsibilities |
| |/ person closely |
| |associated |
+--+-----------------+----------+---------+
|a)|
+--+-----------------+----------+---------+
|2.|Reason for the |
| |notification |
+--+-----------------+----------+---------+
|a)|Position/status |Executive Vice |
| | |President, |
| | |Commercial |
| | |Operations |
+--+-----------------+----------+---------+
|b)|Initial |Initial notification|
| |notification/Amen| |
| |dment | |
+--+-----------------+----------+---------+
|3.|Details of the |
| |issuer, |
| |emission |
| |allowance |
| |market |
| |participant, |
| |auction |
| |platform, |
| |auctioneer or |
| |auction monitor |
+--+-----------------+----------+---------+
|a)|
+--+-----------------+----------+---------+
|b)|LEI code |5493006R4KC2OI5D3470|
+--+-----------------+----------+---------+
|4 |Details of the |
| |transaction(s): |
| |section to be |
| |repeated for (i) |
| |each type of |
| |instrument; (ii) |
| |each type of |
| |transaction; |
| |(iii) each date; |
| |and (iv) each |
| |place where |
| |transactions |
| |have been |
| |conducted |
+--+-----------------+----------+---------+
|a)|Description of |SharesDK 0010287234 |
| |the financial | |
| |instrument, type | |
| |of instrument | |
| |Identification | |
| |code | |
+--+-----------------+----------+---------+
|b)|Nature of the |Sale of Shares |
| |transaction | |
+--+-----------------+----------+---------+
|c)|Price(s) and |Price(s) |Volume(s)|
| |volume(s) | | |
+--+-----------------+----------+---------+
| | |DKK 242.24|5,000 |
+--+-----------------+----------+---------+
|d)|Aggregated | |
| |information | |
| |- Aggregated | |
| |volume | |
| |- Price | |
+--+-----------------+----------+---------+
|e)|Date of the |2020-05-13 |
| |transaction | |
+--+-----------------+----------+---------+
|f)|Place of the |NASDAQ Copenhagen |
| |transaction |XCSE |
+--+-----------------+----------+---------+
Persons under an obligation to report are defined as members of the Executive Management, members of the Board of Directors and other executives of
Closely associated persons/entities means inter alia:
· spouse or cohabitant
· dependent children
· legal entities in which the executive has a controlling influence.
Lundbeck contacts
Investors: Media:
Vice President, Investor Relations Senior Director,
Corporate
Communication
PALO@lundbeck.com MAVK@lundbeck.com
+45 30 83 24 26 +45 36 43 40 00
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