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Demant A/S: Managers' transactions

Company announcement no 2020-09

2 July 2020

Transactions with Demant A/S shares by senior executives and closely related parties

Notification pursuant to article 19, sub-article 2a, of the Market Abuse Regulation:

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Anja Madsen

2.

Reason for the notification

a)

Position/status

Member of the Board of Directors

b)

Initial notification/amendment

Initial notification

3)

Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor

a)

Name

Demant A/S

b)

LEI

213800RM6L9LN78BVA56

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial
instrument, type of instrument



Identication code

Shares





DK0060738599

b)

Nature of the transaction

Purchase

c)

Price(s) and volume(s)

Price Volume
DKK 176.20 751 shares
DKK 176.00 100 shares

d)

Aggregated information:
- Aggregated volume
- Price



851 shares
DKK 176.37

e)

Date of the transaction

29 June 2020

f)

Place of the transaction

Nasdaq Copenhagen A/S

* * * * * * *

Further information:
Christian Lange, Investor Relations Officer
Trine Kromann-Mikkelsen, VP Corporate Communication and Relations
Phone +45 3917 7300
www.demant.com

Attachment