Demant A/S: Managers' transactions
| Company announcement no 2020-01 | 2 January 2020 |
Transactions with Demant A/S shares by senior executives and closely related parties
Notification pursuant to article 19, sub-article 2a, of the Market Abuse Regulation:
| 1. | Details of the person discharging managerial responsibilities/person closely associated | |
| a) | Name | Søren Nielsen |
| 2. | Reason for the notification | |
| a) | Position/status | President & CEO |
| b) | Initial notification/amendment | Initial notification |
| 3) | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
| a) | Name | Demant A/S |
| b) | LEI | 213800RM6L9LN78BVA56 |
| 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 Identication code | Shares DK0060738599 |
| b) | Nature of the transaction | Allotment of shares under share salary arrangement in accordance with section 7p of the Danish Tax Assessment Act, i.e. conversion of part of the remuneration into shares |
| c) | Price(s) and volume(s) | Price(s) Volume(s) DKK 592,745.40 2,847 shares |
| d) | Aggregated information: - Aggregated volume - Price | Aggregated volume: 2,847 shares Price: DKK 592,745.40 |
| e) | Date of the transaction | 30 December 2019 |
| f) | Place of the transaction | Nasdaq Copenhagen A/S |
| 1. | Details of the person discharging managerial responsibilities/person closely associated | |
| a) | Name | René Schneider |
| 2. | Reason for the notification | |
| a) | Position/status | CFO |
| b) | Initial notification/amendment | Initial notification |
| 3) | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
| a) | Name | Demant A/S |
| b) | LEI | 213800RM6L9LN78BVA56 |
| 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 Identication code | Shares DK0060738599 |
| b) | Nature of the transaction | Allotment of shares under share salary arrangement in accordance with section 7p of the Danish Tax Assessment Act, i.e. conversion of part of the remuneration into shares |
| c) | Price(s) and volume(s) | Price(s) Volume(s) DKK 607,319.40 2,917 shares |
| d) | Aggregated information: - Aggregated volume - Price | Aggregated volume: 2,917 shares Price: DKK 607,319.40 |
| e) | Date of the transaction | 30 December 2019 |
| f) | Place of the transaction | Nasdaq Copenhagen A/S |
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| Further information: Søren B. Andersson, VP Investor Relations & Corporate Strategy Mathias Holten Møller, Investor Relations Officer Trine Kromann-Mikkelsen, VP Corporate Communication and Relations Phone |
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