Transactions in connection with share buy-back programme
On 3 March 2022, H+H International A/S (hereinafter referred to as “H+H” or “the Company”) initiated a share buy-back programme in compliance with Article 5 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on Market Abuse and Commission Delegated Regulation (EU) 1052/2016 of 8 March 2016 (the “Safe Harbour Regulation”).
The share buy-back programme is expected to be realised over a 12-month period, starting from 4 March 2022. Under the share buy-back programme, H+H may repurchase shares up to a maximum amount of DKK 150 million. Please refer to Company Announcement no. 469 of 3 March 2022 for more information about the share buy-back programme.
The following transactions were executed under the share buy-back programme from 23 November 2022 to 29 November 2022:
| No. of shares | Average price (DKK) | Total value (DKK) | |
| Accumulated, last announcement | 952,200 | 139.15 | 132,494,050.00 |
| 16 November 2022 | 6,500 | 101.56 | 660,140.00 |
| 17 November 2022 | 6,500 | 105.96 | 688,740.00 |
| 18 November 2022 | 6,300 | 107.71 | 678,573.00 |
| 21 November 2022 | 6,300 | 106.33 | 669,879.00 |
| 22 November 2022 | 6,300 | 106.39 | 670,257.00 |
| Total | 31,900 | 105.57 | 3,367,589.00 |
| Accumulated under the programme | 984,100 | 138.06 | 135,861,639.00 |
Details of each transaction are included as an appendix to this announcement.
Following these transactions, H+H holds 1,092,731 shares as treasury shares, corresponding to 6.24 percent of the Company’s current total share capital.
For further information please contact:
Niclas Bo Kristensen
Head of Investor Relations & Treasury
+45 24 48 03 67
Nbk@hplush.com