Valby, Denmark, 13 May 2020 - H. Lundbeck A/S (Lundbeck) hereby publishes and reports transactions made by executives and persons closely associated with them with shares and linked securities in Lundbeck.

+--+-----------------+----------+---------+
|1.|Details of the |
| |person |
| |discharging |
| |managerial |
| |responsibilities |
| |/ person closely |
| |associated |
+--+-----------------+----------+---------+
|a)|Name |Jacob Tolstrup |
+--+-----------------+----------+---------+
|2.|Reason for the |
| |notification |
+--+-----------------+----------+---------+
|a)|Position/status |Executive Vice |
| | |President, |
| | |Commercial |
| | |Operations |
+--+-----------------+----------+---------+
|b)|Initial |Initial notification|
| |notification/Amen| |
| |dment | |
+--+-----------------+----------+---------+
|3.|Details of  the |
| |issuer,  |
| |emission  |
| |allowance  |
| |market |
| |participant, |
| |auction |
| |platform, |
| |auctioneer or |
| |auction monitor |
+--+-----------------+----------+---------+
|a)|Name |H. Lundbeck A/S |
+--+-----------------+----------+---------+
|b)|LEI code |5493006R4KC2OI5D3470|
+--+-----------------+----------+---------+
|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 |SharesDK 0010287234 |
| |the financial | |
| |instrument, type | |
| |of instrument | |
| |Identification | |
| |code | |
+--+-----------------+----------+---------+
|b)|Nature of the |Sale of Shares |
| |transaction | |
+--+-----------------+----------+---------+
|c)|Price(s) and |Price(s) |Volume(s)|
| |volume(s) | | |
+--+-----------------+----------+---------+
| | |DKK 242.24|5,000 |
+--+-----------------+----------+---------+
|d)|Aggregated | |
| |information | |
| |- Aggregated | |
| |volume | |
| |- Price | |
+--+-----------------+----------+---------+
|e)|Date of the |2020-05-13 |
| |transaction | |
+--+-----------------+----------+---------+
|f)|Place of the |NASDAQ Copenhagen |
| |transaction |XCSE |
+--+-----------------+----------+---------+

Persons under an obligation to report are defined as members of the Executive Management, members of the Board of Directors and other executives of H. Lundbeck A/S and persons/entities closely associated to them.

Closely associated persons/entities means inter alia:

· spouse or cohabitant
· dependent children
· legal entities in which the executive has a controlling influence.
 

Lundbeck contacts

Investors:                                    Media:
Palle Holm Olesen Mads Kronborg
Vice President, Investor Relations Senior Director,
Corporate
Communication
PALO@lundbeck.com MAVK@lundbeck.com
+45 30 83 24 26 +45 36 43 40 00

About H. Lundbeck A/S

H. Lundbeck A/S (LUN.CO, LUN DC, HLUYY) is a global pharmaceutical company specialized in brain diseases. For more than 70 years, we have been at the forefront of neuroscience research. We are tirelessly dedicated to restoring brain health, so every person can be their best.

An estimated 700 million people worldwide are living with brain diseases and far too many suffer due to inadequate treatment, discrimination, a reduced number of working days, early retirement and other unnecessary consequences. Every day, we strive for improved treatment and a better life for people living with brain diseases - we call this Progress in Mind.

Read more at www.lundbeck.com/global/about-us/progress-in-mind (https://webmaster.lundbeck.com/N2/Content/wwww.lundbeck.com/global/about-us/progress-in-mind). 

For additional information, we encourage you to visit our corporate site www.lundbeck.com and connect with us on Twitter at @Lundbeck and via LinkedIn.

H. Lundbeck A/S

Ottiliavej 9, 2500 Valby, Denmark

+45 3630 1311

info@lundbeck.com

https://news.cision.com/h--lundbeck-a-s/r/transactions-with-shares-and-linked-securities-in-h--lundbeck-a-s-made-by-executives-and-their-close,c3110757

https://mb.cision.com/Main/18215/3110757/1247086.pdf

(c) 2020 Cision. All rights reserved., source Press Releases - English