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Capital Structure and Financial Matters (Tables)

12 Months Ended

Dec. 31, 2020

Capital Structure and Financial Matters

Schedule of changes in the share capital


		Number of		Share Capital
		Ordinary Shares		(DKK in thousands)
Share capital, January 1, 2018		12,917,016		12,917
Share capital, December 31, 2018		12,917,016		12,917
Capital increase at July 17, 2019 (issuance of shares for cash)		997,668		998
Capital increase at July 17, 2019 (conversion of Convertible Debt 1)		302,976		303
Capital increase at July 17, 2019 (conversion of Convertible Debt 2)		848,232		848
Capital increase at December 19, 2019 (issuance of shares for cash)		118,260		118
Share capital, December 31, 2019		15,184,152		15,184
Capital increase at September 17, 2020 (issuance of shares for cash)		745,380		745
Capital increase at October 15, 2020 (issuance of shares for cash)		269,136		269
Share capital, December 31, 2020		16,198,668		16,198


		December 31,
		2020			2019
		(USD in thousands)
Authorized, issued and fully paid
16,198,668 (2019:15,184,152) ordinary shares of DKK 1 each (2019: ordinary shares of DKK 1 each)		$	2,648		$	2,481
		$	2,648		$	2,481

Schedule of Executive Management’s and Board of Director’s holding of shares


Number of ordinary shares owned		2020		2019		2018
Niels Iversen Møller		4,292,604		4,292,604		4,292,352
Andreas Holm Mattsson		4,163,832		4,163,832		4,163,832
Lars Aage Staal Wegner		182,124		182,124		181,872
Executive Management in total		8,638,560		8,638,560		8,638,056


Number of ordinary shares owned		2020		2019		2018
Roberto Prego		676,620		310,248		307,548
Thomas William Wylonis		485,676		481,860		471,096
Marianne Søgaard		41,652		—		—
Steven Projan		27,288		11,736		—
Board of Directors in total		1,231,236		803,844		778,644