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Zealand Pharma

Declaration of Voting Results & Voting Rights Announcements Jun 30, 2016

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Copenhagen, 30 June 2016 - In accordance with Section 6 of the Danish Statutory
Order on Issuers' Disclosure Obligations, Zealand issues announcements to
inform of the total number of shares and voting rights in the company at the
end of a calendar month in which there have been changes to its share capital.

In company announcement no. 25 / 2016 dated 16 June 2016, Zealand announced an
increase in its share capital and voting rights after exercises of employee
warrants. Following from this announcement, the table below lists the total
number of shares and voting rights in Zealand as of 30 June 2016.

Date Number of shares Share capital Number of votes
(nominal value of DKK 1 (nominal value in rights
each) DKK)
30 June 24,534,175 24,534,175 24,534,175
2016

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