Bavarian Nordic Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

DB:BV3 Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Role	Shares	Max Price
06 Sep 24	Sell€3,230,379	Paul Chaplin	Individual		98,855	€32.68
22 Aug 24	Sell€7,399	Karen Merete Jensen	Individual		200	€37.00

Insider Trading Volume

Insider Buying: BV3 insiders have only sold shares in the past 3 months.

Ownership Breakdown

What is the ownership structure of BV3?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	134,594	0.171%
Institutions	20,720,821	26.4%
General Public	57,689,345	73.4%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 27.91% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
10%	Arbejdsmarkedets Tillægspension (Atp)	7,887,947	€178.8m	0%	12.37%
3.4%	The Vanguard Group, Inc.	2,667,776	€60.5m	13.1%	no data
2.34%	Dimensional Fund Advisors LP	1,838,526	€41.7m	0.1%	0.01%
1.98%	Norges Bank Investment Management	1,551,765	€35.2m	0%	no data
1.88%	BlackRock, Inc.	1,477,313	€33.5m	1.08%	no data
0.98%	Bi Asset Management FondsmÆGlerselskab A/S	769,127	€17.4m	6.37%	0.18%
0.93%	Polar Capital Holdings Plc	728,331	€16.5m	0%	0.07%
0.92%	Handelsbanken Asset Management	722,387	€16.4m	9.06%	0.03%
0.76%	ODDO BHF Asset Management SAS	598,673	€13.6m	0%	0.24%
0.62%	Victory Capital Management Inc.	483,727	€11.0m	0%	0.01%
0.59%	ID-Sparinvest, Filial af Sparinvest S.A., Luxembourg	463,660	€10.5m	0.38%	0.09%
0.43%	Nykredit Asset Management A/S	336,584	€7.6m	-22.9%	0.12%
0.41%	AllianceBernstein L.P.	321,105	€7.3m	-8.43%	no data
0.32%	Nordea Investment Management, AB	252,245	€5.7m	-7.11%	no data
0.3%	Fundamental Fondsmaeglerselskab A/S	232,424	€5.3m	0%	8.65%
0.28%	KBC Asset Management NV	221,702	€5.0m	0%	0.01%
0.23%	Investering & Tryghed A/S	184,000	€4.2m	0%	1.02%
0.23%	Goldman Sachs Asset Management, L.P.	181,417	€4.1m	2,690%	no data
0.22%	Deutsche Asset & Wealth Management	175,266	€4.0m	0.1%	no data
0.2%	Amundi Asset Management SAS	154,642	€3.5m	69.1%	no data
0.18%	J. Lamarck SIM S.p.A.	141,100	€3.2m	0%	3.58%
0.17%	Principal Global Investors, LLC	136,034	€3.1m	-1.99%	no data
0.17%	Sparinvest SA (Luxembourg)	134,200	€3.0m	0%	1.04%
0.17%	Charles Schwab Investment Management, Inc.	132,906	€3.0m	2.06%	no data
0.17%	Danske Bank A/S, Asset Management Arm	132,559	€3.0m	0%	0.01%