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GMAB Neutral Sentiment Score: 60/100

Transactions with shares and linked securities in Genmab A/S made by managerial employees and their closely associated persons Company Announcement COPENHAGEN, Denmark

Key Takeaway: Genmab A/S disclosed transactions made by its managerial employees and related persons, which include the acquisition of shares due to the vesting of restricted stock units. The announcement was made in compliance with regulatory requirements. The company has a strong strategic vision to transform cancer treatment with antibody medicines by 2030, showcasing its commitment to innovation and patient care. Leadership involvement in share transactions may bolster investor confidence.

Market Sentiment Analysis

POSITIVE FACTORS

  • Genmab has announced transactions involving managerial employees, reflecting active engagement from leadership.
  • The acquisition of shares due to the vesting of restricted stock units indicates confidence in the company's future.
  • Genmab continues to focus on innovative antibody therapeutics, supporting its growth potential.

Full Press Release Details

Transactions with shares and linked securities in Genmab A/S made by managerial employees and their closely associated persons
Company Announcement
COPENHAGEN, Denmark; April 3, 2023 - Genmab A/S (Nasdaq: GMAB) - In accordance with Article 19 of Regulation No. 596/2014 on Market Abuse and Implementing Regulation 2016/523, this document discloses the data of the transactions made in Genmab A/S (Nasdaq: GMAB) made by managerial employees and their closely associated persons.
The company's managerial employees and their closely associated persons have given Genmab A/S power of attorney on their behalf to publish trading in Genmab shares by the company's managerial employees and their closely associated persons.
Please find below a statement of such trading in shares issued by Genmab A/S.
1. Details of the person discharging managerial responsibilities / person closely associated
a) Name Anthony Pagano
2. Reason for the notification
a) Position/status Executive Vice President & Chief Financial Officer
b) Initial notification/Amendment Initial notification
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name Genmab A/S
b) LEI-code 529900MTJPDPE4MHJ122
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 the financial instrument, type of instrument Identification code Share DK0010272202
b) Nature of the transaction Acquisition due to vesting of restricted stock units
c) Price(s) and volume(s) Price(s) Volume(s)
DKK 0.00 981
d) Aggregated information - Aggregated volume - Price
e) Date of the transaction 2023-04-03
f) Place of the transaction Outside a market place
Genmab A/S Tel: +45 7020 2728 Company Announcement no. 21
Kalvebod Brygge 43 Fax: +45 7020 2729 Page 1/2
21560 Copenhagen V, Denmark www.genmab.com CVR no. 2102 3884
LEI Code 529900MTJPDPE4MHJ122
Transactions with shares and linked securities in Genmab A/S made by managerial employees and their closely associated persons
Genmab is an international biotechnology company with a core purpose guiding its unstoppable team to strive towards improving the lives of patients through innovative and differentiated antibody therapeutics. For more than 20 years, its passionate, innovative and collaborative team has invented next-generation antibody technology platforms and leveraged translational research and data sciences, which has resulted in a proprietary pipeline including bispecific T-cell engagers, next-generation immune checkpoint modulators, effector function enhanced antibodies and antibody-drug conjugates. To help develop and deliver novel antibody therapies to patients, Genmab has formed 20+ strategic partnerships with biotechnology and pharmaceutical companies. By 2030, Genmab's vision is to transform the lives of people with cancer and other serious diseases with Knock-Your-Socks-Off (KYSO) antibody medicines.
Marisol Peron, Senior Vice President, Global Communications & Corporate Affairs
T: +1 609 524 0065; E: mmp@genmab.com
Andrew Carlsen, Vice President, Head of Investor Relations
T: +45 3377 9558; E: acn@genmab.com
This Company Announcement contains forward looking statements. The words "believe", "expect", "anticipate", "intend" and "plan" and similar expressions identify forward looking statements. Actual results or performance may differ materially from any future results or performance expressed or implied by such statements. The important factors that could cause our actual results or performance to differ materially include, among others, risks associated with pre-clinical and clinical development of products, uncertainties related to the outcome and conduct of clinical trials including unforeseen safety issues, uncertainties related to product manufacturing, the lack of market acceptance of our products, our inability to manage growth, the competitive environment in relation to our business area and markets, our inability to attract and retain suitably qualified personnel, the unenforceability or lack of protection of our patents and proprietary rights, our relationships with affiliated entities, changes and developments in technology which may render our products or technologies obsolete, and other factors. For a further discussion of these risks, please refer to the risk management sections in Genmab's most recent financial reports, which are available on www.genmab.com and the risk factors included in Genmab's most recent Annual Report on Form 20-F and other filings with the U.S. Securities and Exchange Commission (SEC), which are available at www.sec.gov. Genmab does not undertake any obligation to update or revise forward looking statements in this Company Announcement nor to confirm such statements to reflect subsequent events or circumstances after the date made or in relation to actual results, unless required by law.
Genmab A/S and/or its subsidiaries own the following trademarks: Genmab ; the Y-shaped Genmab logo ; Genmab in combination with the Y-shaped Genmab logo ; HuMax ; DuoBody ; DuoBody in combination with the DuoBody logo ; HexaBody ; HexaBody in combination with the HexaBody logo ; DuoHexaBody and HexElect .
Genmab A/S Tel: +45 7020 2728 Company Announcement no. 21
Kalvebod Brygge 43 Fax: +45 7020 2729 Page 2/2
21560 Copenhagen V, Denmark www.genmab.com CVR no. 2102 3884
LEI Code 529900MTJPDPE4MHJ122

Frequently Asked Questions

Who made the recent transactions in Genmab A/S?

Anthony Pagano, Executive Vice President & CFO, conducted the transactions.

What was the nature of the transaction reported?

The transaction involved the acquisition of shares due to vesting of restricted stock units.

When did the transaction take place?

The transaction occurred on April 3, 2023.

How many shares were involved in the transaction?

A total of 981 shares were acquired in the transaction.

Where were the transactions executed?

The transactions were conducted outside a market place.

Last updated: Apr 3, 2023