Share option plan - exercise price for share options granted for 2008
Company Announcement No. 185, 2009
H+H International A/S
Dampfærgevej 27-29, 4th Floor
2100 Copenhagen Ø
Denmark
Telephone: +45 35 27 02 00
www.HplusH.com
26 March 2009
Share option plan - exercise price for share options granted for 2008.
In accordance with the share option plan of May 2007, a total of 5,925 share
options have been granted for 2008 distributed on the Executive Board,three
senior executives and two former employees of the H+H Group.
Each share option entitles the holder to buy one B share of nominally DKK 100.
The exercise price is calculated as the average price of the B shares for ten
business days after the publication of the annual report 2008 plus 20%. The
share option plan is described more explicitly in Company Announcement no. 255
of 24 May 2007 and in annual report 2008, cf. Company Announcement no. 181 of
11 March 2009.
Ten business days have now passed since the publication on 11 March 2009 of H+H
Internationals A/S's annual report 2008 and the average price for the period
has been calculated at DKK 223, which after addition of 20% gives an exercise
price of DKK 268 for each of the 5,925 share options granted for 2008.
Anders C. Karlsson
Chairman of the Supervisory Board
Hans Gormsen
CEO
For additional information please contact:
Hans Gormsen, CEO, or Martin Busk Andersen, CFO, on telephone +45 35 27 02 00
This is a translation of the company's announcement in Danish. In case of
inconsistency between the Danish text and this English translation, the Danish
text shall prevail.