Buyback of H+H shares to hedge obligations under share-based incentive programs
To cover H+H International A/S’ (H+H) estimated obligations to grant H+H shares under the three pending share-based incentive programs vesting in March 2021, 2022 and 2023, respectively, H+H intends to use treasury shares to meet its obligations. To be able to cover H+H’s obligations as based on the current estimate, the Board of Directors has decided to make use of the authorization granted by the general meeting to the H+H to acquire treasury shares (see company announcement No. 391 of 2 April 2020). Accordingly, H+H will acquire approx. 30,000 H+H shares, equivalent to 0.17% of the
