As of 31 December 2021, Demant’s nominal share capital was DKK 48,025,566.60 divided into 240,127,833 shares of DKK 0.20 each. All shares are the same class and carry one vote each.
At the annual general meeting on 10 March 2022, it was decided to reduce the Company’s share capital by nominally DKK 1,949,819.60. After execution of the capital reduction, the Company’s total nominal share capital is DKK 46,075,747.00.
The Board of Directors has been authorised by the annual general meeting to increase the company’s share capital by a total nominal value of up to DKK 6,664,384. This increase may consist of no more than DKK 4,800,000 of the share capital with preemptive rights for existing shareholders and of no more than DKK 4,800,000 of the share capital without pre-emptive rights for existing shareholders. Furthermore, the Board of Directors has been authorised to increase the share capital by an additional nominal value of up to DKK 2,500,000 for shares offered to employees. All authorisations are valid until 1 March 2026.