Release no. 4, 2019

Columbus A/S hereby announces that the Company has today decided to increase the share capital by DKK 3,543,750 (nom.), corresponding to 2,835,000 shares of DKK 1.25 as a consequence of the exercise of warrants by a number of senior executives. The warrants were granted as part of the Company’s warrant program.

The capital increase is thus subscribed without pre-emption rights for the company's existing shareholders or others. The shares subscribed are ordinary shares without special rights.

The subscription price for the new shares is DKK 5.45 for 1,260,000 shares and DKK 7.84 for 1,575,000 shares. The proceeds to Columbus A/S from the capital increase amounts to DKK 19,215,000.

After registration of the new shares, the share capital of Columbus A/S will amount to DKK 155,777,665 (nom.) equal to 124,622,132 shares of DKK 1.25.

Each share of DKK 1.25 (nom.) will carry one vote on the General Meeting in Columbus A/S. The new shares will be eligible for dividends and other rights from the time of registration at the Danish Business Authority.

The new shares will be listed on NASDAQ Copenhagen after registration of the capital increase at the Danish Business Authority. The company will publish the updated Articles of Association when the capital increase has been registered by the Danish Business Authority.

The capital increase will have no impact on the announced expectations for 2019.

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• SE_04_2019_Columbus_issues_new_shares_as_a_consequence_of_the_exercise_of_warrants