OMX Nordic Exchange Copenhagen
Announcement no. 26/2009
Supplementary announcement of grant of warrants to insider
Copenhagen, 11 November 2009.
Please find below a statement of warrants granted under securities
identification code DK0010274174 in pursuance of the Danish Securities Trading
Act.
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| Name | Reporting| Date of | Number of | Exercise | Value, Black |
| | category | grant | warrants | price | & Scholes |
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| Hugo Dorph | Manager | 4 | 196,000 | 7.60 | 431,200 |
| | insider | November | | | |
| | | 2009 | | | |
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| Claus | Manager | 4 | 100,000 | 7.60 | 220,000 |
| Thorsgaard | insider | November | | | |
| | | 2009 | | | |
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| Jacob Thaning | Manager | 4 | 50,000 | 7.60 | 110,000 |
| | insider | November | | | |
| | | 2009 | | | |
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The warrants can be exercised two years after the grant and expire four years
after the grant. The exercise price is DKK 7.60 per share and has been
determined based on the average price of trades made on Nasdaq OMX five trading
days after the announcement of the interim report for Q3 2009 (announcement no.
23), with an increase of 5%. The value of granted warrants is valuated in
accordance with the Black & Scho-les method, at a volatility rate of 42 percent
and an interest rate of 3.13 percent, to DKK 2.20 per warrant, resulting in a
total of DKK 761,200.
Thomas Hartwig
Chairman
Further information:
Hugo Dorph, CEO
Tel: +45 35 27 79 00
E-mail: ir@maconomy.com
This announcement has been prepared in Danish and English. The Danish version
is to be considered the original version for official purposes and in case of
any discrepancies between the two versions the Danish version shall prevail.
