Exhibit 99.3
Managers’ transactions announcement according to article 19 MAR
Biofrontera AG: Managers’ transactions announcement according to article 19 MAR
Leverkusen (pta025/03.08.2020/11:45) - Announcement
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | Mr Prof. Dr. Hermann Lübbert | |
2 | Reason for the notification | ||
a) | Position/status | Executive | |
b) | Initial notification | ||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
a) | Name | Biofrontera AG | |
b) | LEI | 391200D6GFSVFGFQTL13 | |
4 | Details of the transaction(s) | ||
a) | Description of the financial instrument, type of instrument | Share | |
Identification code | DE0006046113 | ||
b) | Nature of the transaction | Another | |
Granting of 99,425 subscription rights in connection with the issue of a qualified subordinated mandatory convertible bond | |||
c) | Price(s) | Volume(s) | |
0.00 EUR | 0.00 EUR | ||
d) | Aggregated price | Aggregated volume | |
0.00 EUR | 0.00 EUR | ||
e) | Date of the transaction | 31.07.2020 UTC+1 | |
f) | Place of the transaction | Outside a trading venue |
(Ende)