Per Aarsleff Holding — Share Issue/Capital Change 2015

Dec 21, 2015

Copenhagen, 2015-12-21 14:13 CET (GLOBE NEWSWIRE) -- Per Aarsleff A/S’s Board
of Directors proposes to split each B share of a nominal value of DKK 20 into
ten shares with a nominal value of each of DKK 2.

Today, the B shares are multiples of DKK 10, i.e. (2 x DKK 10) DKK 20, but
after the stock split, they will not be multiples.

In the past couple of years, the price of a B share in Per Aarsleff A/S has
increased to more than DKK 2,400 per share. The purpose of the proposed stock
split is to enhance the liquidity of the share by making trading in the share
easier and more accessible, particularly for private investors.

The proposed stock split will also align the share price with international and
Danish share price levels.

The current share capital of DKK 45,300,000 is divided into DKK 2,700,000 A
shares and 42,600,000 B shares. The DKK 42,600,000 B shares are divided on
2,130,000 shares (each with a nominal value of DKK 20). After the proposed
stock split, the share capital will be unchanged, but the DKK 42,600,000 B
shares will be divided on 21,300,000 shares (each with a nominal value of DKK
2).

According to the proposed stock split, the price of a B share in Per Aarsleff
A/S would have been DKK 243 on 18 December 2015 compared to the actual closing
price of DKK 2,430 per share of DKK 20.

The full stock split proposal of the Board of Directors will be stated in the
Notice convening the Annual General Meeting in Per Aarsleff A/S which will be
published on 6 January 2016.

Further information:
General Manager Ebbe Malte Iversen, Per Aarsleff A/S, tel. +45 8744 2222.