On 31 December 2022, ALK had 27,960 registered shareholders versus 20,434 at the end of 2021. The registered shareholders owned 97.2% of the share capital (98%).
To support the liquidity of the share, in 2022 ALK completed a share split at a ratio of 1:20, whereby each share, with a nominal value of DKK 10, was split into 20 new shares with a nominal value of DKK 0.50.
Following the share split, the share capital of DKK 111,411,960 was divided into 18,415,200 A shares, 1,841,520 AA shares and 202,567,200 B shares. All B shares are listed on Nasdaq Copenhagen and freely negotiable. The A and AA shares are not listed and are predominantly held by the Lundbeck Foundation, an enterprise foundation whose purpose is to strengthen brain health and develop the Danish business sector.
Two shareholders have reported to ALK that they held 5% or more of the shares on 31 December 2022:
- The Lundbeck Foundation (Copenhagen, Denmark): 40.3% incl. A and AA shares
- ATP (Hillerød, Denmark): 5.1%
Of the largest registered shareholders, the vast majority were institutional investors, and largely from Europe and North America. The international registered ownership was estimated at approximately 33% (31%), representing 55% of the free float of the B shares, excluding the Lundbeck Foundation’s holding and treasury shares.
To meet obligations to deliver shares under management incentive programmes, ALK held 1,824,975 of its own shares, or 0.8% of the share capital, versus 1.3% at the end of 2021. The holding was reduced following the settlement of share option and performance share programmes.
The Board of Directors and Board of Management held a total of 275,312 shares at year-end, corresponding to 0.1% of the share capital (0.1%).
Shareholders and treasury shares as at 31 December 2022
The Lundbeck Foundation
Registered office: Copenhagen, Denmark
A shares, number: 920,720
AA shares, number: 92,072
B shares number: 3,474,827
Registered office: Hillerød, Denmark
B shares, number: 11,461,329
ALK – treasury shares
Registered office: Hørsholm, Denmark
B shares, number: 1,824,975 B shares
A shares, number: 800
AA shares, number: 80
B shares number: 119,784,356
* The Danish Labour Market Supplementary Pension