Lundbeck has issued rules for members of the Board of Directors' and the Executive Management's trading in the Lundbeck share and related financial items. According to the rules, insider trading is only permitted within a three week period after each quarterly financial release.
In accordance with the section 28a of the Danish Securities Trading Act, Lundbeck shall be notified immediately after any trading by board members or executives and Lundbeck will subsequently publish such trading in a company release. The rules apply also to closely associated persons/entities to board members and executives. Closely associated persons/entities include: spouse or cohabitant, children below the age of 18 and legal entities in which the insider has a controlling influence.
Releases on insider trading can be found here.
The members of the Board of Directors' holdings of shares in H. Lundbeck A/S are published annually in Lundbeck's Annual Report. Please find the latest listing below.
Board members' share holdings as of 31 December 2011
| Name | Position | Holdings (number of shares) |
|---|---|---|
| Mats Pettersson | Chairman of the board | 2,000 |
| Thorleif Krarup | Deputy chairman of the board | 673 |
| Håkan Björklund* | Member of the board | 1,662 |
| Kim Rosenville Christensen | Employee elected member of the board | 1,502 |
| Christian Dyvig* | Member of the board | 0 |
| Mona Elisabeth Elster | Employee elected member of the board | 0 |
| Peter Kürstein | Member of the board | 1,075 |
| Jørn Mayntzhusen | Employee elected member of the board | 822 |
| Jes Østergaard | Member of the board | 2,000 |
Lundbeck does not disclose Executive Management's share holdings.
